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 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
10.7%
1 yr return
13.3%
3 Yr Avg Return
4.1%
5 Yr Avg Return
5.2%
Net Assets
$54.6 M
Holdings in Top 10
14.2%
Expense Ratio 0.97%
Front Load N/A
Deferred Load N/A
Turnover 74.00%
Redemption Fee N/A
Standard (Taxable)
$2,500,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The fund is appropriate for investors seeking diversification and the potential rewards associated with investing in high-yield fixed income securities (also known as “junk bonds”). High-yield fixed income securities are those that are rated below investment grade. The subadviser uses an investment process that focuses on adding value through issue selection, sector/industry selection and opportunistic trading. The fund will generally overweight those sectors and industries where the subadviser identifies well-valued companies whose business profiles are viewed to be improving. The subadviser attempts to maintain the duration of the fund at a level similar to that of its style benchmark, the Bloomberg U.S. High-Yield 2% Issuer Capped Bond Index. Under normal circumstances, the fund invests at least 80% of its assets in high yield fixed income securities. The fund invests primarily in U.S. securities but may invest in foreign securities including those in emerging markets. The Fund may use credit default swaps to increase or hedge (decrease) investment exposure to various fixed income sectors and instruments.
Period | VRHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.7% | -7.5% | 18.1% | 9.36% |
1 Yr | 13.3% | -4.6% | 18.6% | 14.78% |
3 Yr | 4.1%* | -14.4% | 21.6% | 20.67% |
5 Yr | 5.2%* | -11.4% | 37.2% | 12.81% |
10 Yr | N/A* | -4.7% | 20.4% | 27.09% |
* Annualized
Period | VRHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | -4.7% | 14.3% | 49.67% |
2022 | -15.1% | -33.4% | 3.6% | 41.56% |
2021 | 0.2% | -8.4% | 8.2% | 42.44% |
2020 | 1.4% | -13.2% | 302.7% | 19.47% |
2019 | 8.3% | -4.4% | 13.3% | 46.81% |
Period | VRHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.7% | -7.5% | 18.1% | 9.36% |
1 Yr | 13.3% | -4.6% | 18.6% | 14.78% |
3 Yr | 4.1%* | -14.4% | 21.6% | 20.67% |
5 Yr | 5.2%* | -11.4% | 37.2% | 12.81% |
10 Yr | N/A* | -4.7% | 20.4% | 25.97% |
* Annualized
Period | VRHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.6% | -4.7% | 18.7% | 14.10% |
2022 | -9.5% | -33.4% | 47.8% | 30.46% |
2021 | 6.0% | -8.4% | 12.4% | 30.41% |
2020 | 7.7% | -9.6% | 325.6% | 13.27% |
2019 | 14.8% | -3.8% | 19.4% | 26.78% |
VRHYX | Category Low | Category High | VRHYX % Rank | |
---|---|---|---|---|
Net Assets | 54.6 M | 3.13 M | 25.3 B | 91.67% |
Number of Holdings | 186 | 2 | 4432 | 80.13% |
Net Assets in Top 10 | 7.8 M | -492 M | 6.67 B | 91.79% |
Weighting of Top 10 | 14.21% | 4.2% | 146.0% | 48.60% |
Weighting | Return Low | Return High | VRHYX % Rank | |
---|---|---|---|---|
Bonds | 97.81% | 0.00% | 145.36% | 17.16% |
Cash | 3.46% | -52.00% | 48.02% | 56.49% |
Convertible Bonds | 0.52% | 0.00% | 17.89% | 78.33% |
Stocks | 0.21% | 0.00% | 97.54% | 55.39% |
Preferred Stocks | 0.00% | 0.00% | 4.97% | 97.21% |
Other | 0.00% | -39.08% | 99.23% | 86.54% |
Weighting | Return Low | Return High | VRHYX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 86.37% |
Technology | 0.00% | 0.00% | 33.17% | 84.28% |
Real Estate | 0.00% | 0.00% | 86.71% | 84.91% |
Industrials | 0.00% | 0.00% | 93.12% | 89.52% |
Healthcare | 0.00% | 0.00% | 22.17% | 87.63% |
Financial Services | 0.00% | 0.00% | 100.00% | 87.63% |
Energy | 0.00% | 0.00% | 100.00% | 22.85% |
Communication Services | 0.00% | 0.00% | 99.99% | 27.67% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 81.13% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 87.00% |
Basic Materials | 0.00% | 0.00% | 100.00% | 88.05% |
Weighting | Return Low | Return High | VRHYX % Rank | |
---|---|---|---|---|
US | 0.21% | 0.00% | 97.54% | 53.69% |
Non US | 0.00% | -0.01% | 0.83% | 95.73% |
Weighting | Return Low | Return High | VRHYX % Rank | |
---|---|---|---|---|
Corporate | 93.46% | 0.00% | 100.00% | 63.16% |
Cash & Equivalents | 3.46% | 0.00% | 48.02% | 48.11% |
Derivative | 0.00% | -14.58% | 42.26% | 74.38% |
Securitized | 0.00% | 0.00% | 97.24% | 89.64% |
Municipal | 0.00% | 0.00% | 1.17% | 95.56% |
Government | 0.00% | 0.00% | 99.07% | 96.38% |
Weighting | Return Low | Return High | VRHYX % Rank | |
---|---|---|---|---|
US | 97.81% | 0.00% | 126.57% | 12.64% |
Non US | 0.00% | 0.00% | 96.91% | 96.55% |
VRHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.02% | 38.33% | 51.31% |
Management Fee | 0.55% | 0.00% | 1.75% | 53.85% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.00% | 0.50% | 59.46% |
VRHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
VRHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
VRHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 74.00% | 1.00% | 255.00% | 71.81% |
VRHYX | Category Low | Category High | VRHYX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.29% | 0.00% | 11.76% | 10.44% |
VRHYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
VRHYX | Category Low | Category High | VRHYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.12% | -2.39% | 9.30% | 16.39% |
VRHYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.024 | OrdinaryDividend |
Oct 31, 2024 | $0.025 | OrdinaryDividend |
Sep 30, 2024 | $0.022 | OrdinaryDividend |
Aug 30, 2024 | $0.026 | OrdinaryDividend |
Jul 31, 2024 | $0.025 | OrdinaryDividend |
Jun 30, 2024 | $0.022 | OrdinaryDividend |
Apr 30, 2024 | $0.024 | OrdinaryDividend |
Mar 28, 2024 | $0.024 | OrdinaryDividend |
Feb 28, 2024 | $0.023 | OrdinaryDividend |
Jan 31, 2024 | $0.023 | OrdinaryDividend |
Dec 29, 2023 | $0.024 | OrdinaryDividend |
Nov 30, 2023 | $0.023 | OrdinaryDividend |
Oct 31, 2023 | $0.022 | OrdinaryDividend |
Sep 29, 2023 | $0.023 | OrdinaryDividend |
Aug 31, 2023 | $0.023 | OrdinaryDividend |
Jul 31, 2023 | $0.021 | OrdinaryDividend |
Jun 30, 2023 | $0.023 | OrdinaryDividend |
May 31, 2023 | $0.022 | OrdinaryDividend |
Apr 28, 2023 | $0.019 | OrdinaryDividend |
Mar 31, 2023 | $0.023 | OrdinaryDividend |
Feb 28, 2023 | $0.020 | OrdinaryDividend |
Jan 31, 2023 | $0.019 | OrdinaryDividend |
Dec 30, 2022 | $0.021 | OrdinaryDividend |
Nov 30, 2022 | $0.019 | OrdinaryDividend |
Oct 31, 2022 | $0.018 | OrdinaryDividend |
Sep 30, 2022 | $0.019 | OrdinaryDividend |
Aug 31, 2022 | $0.018 | OrdinaryDividend |
Jul 29, 2022 | $0.018 | OrdinaryDividend |
Jun 30, 2022 | $0.019 | OrdinaryDividend |
May 31, 2022 | $0.018 | OrdinaryDividend |
Apr 29, 2022 | $0.018 | OrdinaryDividend |
Mar 31, 2022 | $0.018 | OrdinaryDividend |
Feb 28, 2022 | $0.016 | OrdinaryDividend |
Jan 31, 2022 | $0.017 | OrdinaryDividend |
Dec 31, 2021 | $0.020 | OrdinaryDividend |
Nov 30, 2021 | $0.018 | OrdinaryDividend |
Oct 29, 2021 | $0.019 | OrdinaryDividend |
Sep 30, 2021 | $0.016 | OrdinaryDividend |
Aug 31, 2021 | $0.018 | OrdinaryDividend |
Jul 30, 2021 | $0.019 | OrdinaryDividend |
Jun 30, 2021 | $0.018 | OrdinaryDividend |
May 28, 2021 | $0.017 | OrdinaryDividend |
Apr 30, 2021 | $0.019 | OrdinaryDividend |
Mar 31, 2021 | $0.019 | OrdinaryDividend |
Feb 26, 2021 | $0.017 | OrdinaryDividend |
Jan 29, 2021 | $0.017 | OrdinaryDividend |
Dec 31, 2020 | $0.021 | OrdinaryDividend |
Nov 30, 2020 | $0.017 | OrdinaryDividend |
Oct 30, 2020 | $0.019 | OrdinaryDividend |
Sep 30, 2020 | $0.016 | OrdinaryDividend |
Aug 31, 2020 | $0.016 | OrdinaryDividend |
Jul 31, 2020 | $0.019 | OrdinaryDividend |
Jun 30, 2020 | $0.017 | OrdinaryDividend |
May 29, 2020 | $0.018 | OrdinaryDividend |
Apr 30, 2020 | $0.019 | OrdinaryDividend |
Mar 31, 2020 | $0.020 | OrdinaryDividend |
Feb 28, 2020 | $0.018 | OrdinaryDividend |
Jan 31, 2020 | $0.020 | OrdinaryDividend |
Dec 31, 2019 | $0.020 | OrdinaryDividend |
Nov 29, 2019 | $0.020 | OrdinaryDividend |
Oct 31, 2019 | $0.020 | OrdinaryDividend |
Sep 30, 2019 | $0.017 | OrdinaryDividend |
Aug 30, 2019 | $0.020 | OrdinaryDividend |
Jul 31, 2019 | $0.021 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 21, 2011
10.45
10.5%
Kyle A. Jennings, CFA. Mr. Jennings is Portfolio Manager – Bank Loan Sector of Newfleet (since June 2011). Mr. Jennings is Senior Managing Director and Head of Credit Research (since 2011). Until June 2011, he was Managing Director (2008 to 2011) and 2nd Vice President (2005 to 2008) of Goodwin. Previously, he was associated with VIA, at which time it was an affiliate of Goodwin, and was a member of the corporate research team since 1998. Mr. Jennings is the sector manager for the leveraged loan sector and assists in formulation of the leveraged loan finance strategy for the retail multi-sector funds.He has over 20 years of investment experience.
Start Date
Tenure
Tenure Rank
Dec 21, 2011
10.45
10.5%
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.
Start Date
Tenure
Tenure Rank
Aug 28, 2012
9.76
9.8%
Mr. Ossino is a senior managing director, senior portfolio manager, and sector head of the bank loan asset class at Newfleet. Before joining Newfleet in 2012, Mr. Ossino worked at Hartford Investment Management as a bank loan portfolio manager from 2004 to 2012, primarily focused on mutual fund portfolios and a commingled bank loan portfolio for institutional investors. He began his investment career in 1996. He received a BS in economics from Brandeis University and an MS in international economics and finance from Brandeis University and Luigi Bocconi University in Italy.
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Mr. Hess is managing director and credit research analyst at Newfleet, responsible for the telecommunications, media, oil services, and utility industry sectors. Prior to joining Newfleet in 2011, Mr. Hess was on the fixed income team at Goodwin (2010 to 2011). Eric Hess, CFA. Mr. Hess is a Managing Director and Credit Analyst at Newfleet and Sector Head of High Yield Credit. He is also responsible for the oil and gas, power, and utility industries. In addition, Mr. Hess is co-portfolio manager of the Newfleet High Yield and Flexible Credit strategies in both separately managed and pooled vehicles, as well as mutual funds, through a number of subadvisory relationships. Prior to joining Newfleet in 2011, Mr. Hess was on the fixed income team at Goodwin Capital Advisers. He joined Goodwin Capital's corporate credit research group in 2010. Previous to joining Goodwin, he was a credit analyst for The Travelers Companies.
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
William Eastwood is a senior managing director, portfolio manager and head of trading at Newfleet Asset Management with trading responsibilities primarily for leveraged finance. In addition, Mr. Eastwood is co-portfolio manager of the Newfleet High Yield and Flexible Credit strategies in both separately managed and pooled vehicles, as well as mutual funds, through a number of subadvisory relationships. Mr. Eastwood joined Newfleet in 2011 as a senior fixed income trader. Prior to joining Newfleet, he served as a senior fixed income trader at several firms, including Neuberger Berman, PPM America, and Phoenix Investment Counsel. Mr. Eastwood earned a B.S. in finance from Post University and an M.B.A. from the University of Hartford. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1995.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.31 | 8.17 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
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Dividend Investing Ideas Center
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