Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
6.3%
1 yr return
11.1%
3 Yr Avg Return
1.5%
5 Yr Avg Return
3.0%
Net Assets
$630 M
Holdings in Top 10
7.4%
Expense Ratio 0.78%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
$2,500,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The fund seeks to generate high current income and total return while preserving capital by applying extensive credit research and a time-tested approach designed to capitalize on opportunities across undervalued sectors of the bond market. The portfolio seeks diversification among 14 sectors in an effort to increase return potential and reduce risk.
Under normal circumstances, the fund invests at least 80% of its assets in bonds, which are debt securities of various types of issuers. The fund seeks to achieve its objective by investing in a diversified portfolio of primarily intermediate-term bonds having a dollar-weighted average duration of between three and 10 years and that are in one of the following market sectors:
Securities issued or guaranteed as to principal and interest by the U.S. Government, its agencies, authorities or instrumentalities;
Collateralized mortgage obligations (“CMOs”), real estate mortgage investment conduits (“REMICs”), and other pass-through securities, including those issued or guaranteed as to principal and interest by the U.S. Government, its agencies, authorities or instrumentalities;
Debt securities issued by foreign issuers, including foreign governments and their political subdivisions and issuers located in emerging markets;
Investment-grade securities (primarily of U.S. issuers, secondarily of non-U.S. issuers), which are securities with credit ratings within the four highest rating categories of a nationally recognized statistical rating organization, including short-term securities; and
High-yield/high-risk debt instruments (so-called “junk bonds”), including bank loans (which are generally floating-rate).
The fund may invest in all or some of these sectors.
The fund may use credit default swaps to increase or hedge (decrease) investment exposure to various fixed income sectors and instruments.
Period | VMFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.3% | -9.5% | 17.0% | 45.06% |
1 Yr | 11.1% | -6.0% | 22.6% | 42.90% |
3 Yr | 1.5%* | -17.0% | 16.3% | 42.09% |
5 Yr | 3.0%* | -14.5% | 14.0% | 34.59% |
10 Yr | N/A* | -7.0% | 6.8% | 23.90% |
* Annualized
Period | VMFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.5% | -12.0% | 8.9% | 35.90% |
2022 | -13.3% | -31.8% | 18.4% | 53.55% |
2021 | -1.7% | -16.2% | 25.7% | 58.01% |
2020 | 2.0% | -31.1% | 18.7% | 47.42% |
2019 | 6.9% | -6.1% | 15.3% | 23.03% |
Period | VMFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.3% | -9.5% | 17.0% | 45.06% |
1 Yr | 11.1% | -6.0% | 22.6% | 42.90% |
3 Yr | 1.5%* | -17.0% | 16.3% | 42.09% |
5 Yr | 3.0%* | -14.5% | 14.0% | 34.59% |
10 Yr | N/A* | -7.0% | 6.8% | 23.35% |
* Annualized
Period | VMFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.7% | -6.9% | 22.2% | 26.19% |
2022 | -8.9% | -31.8% | 21.1% | 50.55% |
2021 | 2.4% | -13.5% | 49.9% | 47.88% |
2020 | 6.6% | -28.6% | 24.1% | 39.61% |
2019 | 11.7% | -4.8% | 19.1% | 18.62% |
VMFRX | Category Low | Category High | VMFRX % Rank | |
---|---|---|---|---|
Net Assets | 630 M | 2.53 M | 143 B | 51.43% |
Number of Holdings | 783 | 4 | 9195 | 33.13% |
Net Assets in Top 10 | 42.9 M | -204 M | 80.4 B | 80.25% |
Weighting of Top 10 | 7.39% | 5.8% | 265.8% | 94.67% |
Weighting | Return Low | Return High | VMFRX % Rank | |
---|---|---|---|---|
Bonds | 82.05% | 0.00% | 199.60% | 68.58% |
Other | 17.34% | -73.61% | 147.15% | 16.49% |
Cash | 0.86% | -94.66% | 91.07% | 78.54% |
Convertible Bonds | 0.11% | 0.00% | 33.50% | 79.87% |
Stocks | 0.03% | -6.18% | 99.66% | 65.01% |
Preferred Stocks | 0.00% | 0.00% | 26.42% | 65.01% |
Weighting | Return Low | Return High | VMFRX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 72.34% |
Technology | 0.00% | 0.00% | 28.30% | 63.73% |
Real Estate | 0.00% | 0.00% | 100.00% | 71.14% |
Industrials | 0.00% | 0.00% | 100.00% | 75.15% |
Healthcare | 0.00% | 0.00% | 18.60% | 73.15% |
Financial Services | 0.00% | 0.00% | 100.00% | 74.15% |
Energy | 0.00% | 0.00% | 100.00% | 21.04% |
Communication Services | 0.00% | 0.00% | 100.00% | 3.41% |
Consumer Defense | 0.00% | 0.00% | 99.97% | 64.73% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 71.54% |
Basic Materials | 0.00% | 0.00% | 100.00% | 72.55% |
Weighting | Return Low | Return High | VMFRX % Rank | |
---|---|---|---|---|
US | 0.03% | -6.18% | 99.66% | 62.52% |
Non US | 0.00% | -0.26% | 17.73% | 55.21% |
Weighting | Return Low | Return High | VMFRX % Rank | |
---|---|---|---|---|
Corporate | 62.49% | 0.00% | 96.66% | 19.42% |
Securitized | 25.84% | 0.00% | 99.65% | 35.31% |
Government | 10.63% | 0.00% | 99.43% | 52.49% |
Cash & Equivalents | 0.86% | 0.00% | 88.00% | 76.29% |
Municipal | 0.34% | 0.00% | 54.26% | 26.81% |
Derivative | 0.00% | -73.61% | 147.15% | 63.81% |
Weighting | Return Low | Return High | VMFRX % Rank | |
---|---|---|---|---|
US | 82.05% | 0.00% | 199.60% | 46.19% |
Non US | 0.00% | 0.00% | 74.14% | 80.40% |
VMFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.78% | 0.03% | 20.67% | 75.50% |
Management Fee | 0.55% | 0.00% | 2.29% | 36.73% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.00% | 0.70% | 45.54% |
VMFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
VMFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
VMFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 632.00% | 51.99% |
VMFRX | Category Low | Category High | VMFRX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.42% | 0.00% | 23.30% | 32.20% |
VMFRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
VMFRX | Category Low | Category High | VMFRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.94% | -1.55% | 11.51% | 18.17% |
VMFRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.049 | OrdinaryDividend |
Sep 30, 2024 | $0.046 | OrdinaryDividend |
Aug 30, 2024 | $0.053 | OrdinaryDividend |
Jul 31, 2024 | $0.052 | OrdinaryDividend |
Jun 30, 2024 | $0.049 | OrdinaryDividend |
Apr 30, 2024 | $0.049 | OrdinaryDividend |
Mar 28, 2024 | $0.049 | OrdinaryDividend |
Feb 28, 2024 | $0.046 | OrdinaryDividend |
Jan 31, 2024 | $0.046 | OrdinaryDividend |
Dec 29, 2023 | $0.049 | OrdinaryDividend |
Nov 30, 2023 | $0.043 | OrdinaryDividend |
Oct 31, 2023 | $0.041 | OrdinaryDividend |
Sep 29, 2023 | $0.044 | OrdinaryDividend |
Aug 31, 2023 | $0.039 | OrdinaryDividend |
Jul 31, 2023 | $0.036 | OrdinaryDividend |
Jun 30, 2023 | $0.041 | OrdinaryDividend |
May 31, 2023 | $0.039 | OrdinaryDividend |
Apr 28, 2023 | $0.036 | OrdinaryDividend |
Mar 31, 2023 | $0.041 | OrdinaryDividend |
Feb 28, 2023 | $0.039 | OrdinaryDividend |
Jan 31, 2023 | $0.036 | OrdinaryDividend |
Dec 30, 2022 | $0.039 | OrdinaryDividend |
Nov 30, 2022 | $0.036 | OrdinaryDividend |
Oct 31, 2022 | $0.033 | OrdinaryDividend |
Sep 30, 2022 | $0.003 | ReturnOfCapital |
Sep 30, 2022 | $0.035 | OrdinaryDividend |
Aug 31, 2022 | $0.003 | ReturnOfCapital |
Aug 31, 2022 | $0.035 | OrdinaryDividend |
Jul 29, 2022 | $0.003 | ReturnOfCapital |
Jul 29, 2022 | $0.035 | OrdinaryDividend |
Jun 30, 2022 | $0.003 | ReturnOfCapital |
Jun 30, 2022 | $0.035 | OrdinaryDividend |
May 31, 2022 | $0.002 | ReturnOfCapital |
May 31, 2022 | $0.033 | OrdinaryDividend |
Apr 29, 2022 | $0.003 | ReturnOfCapital |
Apr 29, 2022 | $0.035 | OrdinaryDividend |
Mar 31, 2022 | $0.002 | ReturnOfCapital |
Mar 31, 2022 | $0.032 | OrdinaryDividend |
Feb 28, 2022 | $0.002 | ReturnOfCapital |
Feb 28, 2022 | $0.031 | OrdinaryDividend |
Jan 31, 2022 | $0.002 | ReturnOfCapital |
Jan 31, 2022 | $0.029 | OrdinaryDividend |
Dec 31, 2021 | $0.035 | OrdinaryDividend |
Nov 30, 2021 | $0.033 | OrdinaryDividend |
Oct 29, 2021 | $0.033 | OrdinaryDividend |
Sep 30, 2021 | $0.033 | OrdinaryDividend |
Aug 31, 2021 | $0.032 | OrdinaryDividend |
Jul 30, 2021 | $0.034 | OrdinaryDividend |
Jun 30, 2021 | $0.033 | OrdinaryDividend |
May 28, 2021 | $0.031 | OrdinaryDividend |
Apr 30, 2021 | $0.035 | OrdinaryDividend |
Mar 31, 2021 | $0.031 | OrdinaryDividend |
Feb 26, 2021 | $0.030 | OrdinaryDividend |
Jan 29, 2021 | $0.029 | OrdinaryDividend |
Dec 31, 2020 | $0.034 | OrdinaryDividend |
Nov 30, 2020 | $0.031 | OrdinaryDividend |
Oct 30, 2020 | $0.033 | OrdinaryDividend |
Sep 30, 2020 | $0.032 | OrdinaryDividend |
Aug 31, 2020 | $0.030 | OrdinaryDividend |
Jul 31, 2020 | $0.034 | OrdinaryDividend |
Jun 30, 2020 | $0.034 | OrdinaryDividend |
May 29, 2020 | $0.036 | OrdinaryDividend |
Apr 30, 2020 | $0.037 | OrdinaryDividend |
Mar 31, 2020 | $0.033 | OrdinaryDividend |
Feb 28, 2020 | $0.033 | OrdinaryDividend |
Jan 31, 2020 | $0.035 | OrdinaryDividend |
Dec 31, 2019 | $0.034 | OrdinaryDividend |
Nov 29, 2019 | $0.036 | OrdinaryDividend |
Oct 31, 2019 | $0.035 | OrdinaryDividend |
Sep 30, 2019 | $0.028 | OrdinaryDividend |
Aug 30, 2019 | $0.034 | OrdinaryDividend |
Jul 31, 2019 | $0.032 | OrdinaryDividend |
Dec 31, 2014 | $0.114 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Mar 31, 1994
28.19
28.2%
Mr. Albrycht is president and Chief Investment Officer of Newfleet. Prior to joining Newfleet in 2011, Mr. Albrycht was Executive Managing Director and Senior Portfolio Manager with Goodwin Capital Advisers, a former Virtus investment management subsidiary. Mr. Albrycht joined the Goodwin multi-sector fixed income team in 1985 as a credit analyst and has managed fixed income portfolios since 1991.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...