Virtus Tax Exempt Bond Fund Cash Position Weight
| PXCZX Fund | USD 10.20 0.01 0.1% |
Virtus Tax Exempt Bond fundamentals help investors to digest information that contributes to Virtus Tax's financial success or failures. It also enables traders to predict the movement of Virtus Mutual Fund. The fundamental analysis module provides a way to measure Virtus Tax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Virtus Tax mutual fund.
Virtus |
Virtus Tax Exempt Bond Mutual Fund Cash Position Weight Analysis
Virtus Tax's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current Virtus Tax Cash Position Weight | 3.25 % |
Most of Virtus Tax's fundamental indicators, such as Cash Position Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virtus Tax Exempt Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Virtus Tax Exempt Bond has 3.25% in Cash Position Weight. This is 49.06% lower than that of the Virtus family and significantly higher than that of the Muni National Interm category. The cash position weight for all United States funds is notably lower than that of the firm.
Virtus Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virtus Tax's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Virtus Tax could also be used in its relative valuation, which is a method of valuing Virtus Tax by comparing valuation metrics of similar companies.Virtus Tax is currently under evaluation in cash position weight among similar funds.
Fund Asset Allocation for Virtus Tax
The fund consists of 96.75% investments in fixed income securities, with the rest of funds allocated in cash.Asset allocation divides Virtus Tax's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Virtus Fundamentals
| Total Asset | 1.55 M | |||
| Annual Yield | 0.0005 % | |||
| Year To Date Return | 0.18 % | |||
| One Year Return | 1.12 % | |||
| Three Year Return | (2.09) % | |||
| Five Year Return | 0.15 % | |||
| Ten Year Return | 2.69 % | |||
| Net Asset | 70.71 M | |||
| Minimum Initial Investment | 2.5 K | |||
| Last Dividend Paid | 0.01 | |||
| Cash Position Weight | 3.25 % | |||
| Bond Positions Weight | 96.75 % |
About Virtus Tax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Virtus Tax Exempt Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtus Tax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtus Tax Exempt Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Virtus Tax Exempt Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Virtus Tax Exempt information on this page should be used as a complementary analysis to other Virtus Tax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.