Virtus Newfleet ABS/MBS ETF

VABS

Market cap $78M

Securitized products posted positive total and excess returns in 4Q, outperforming corporate bonds on both measures. Newfleet Asset Management increased our allocations to agency MBS this year, reaching the highest exposures in years. The Fund returned 1.13% at NAV for the quarter versus the ICE BofA 1-3 Year A-BBB US Corporate Index return of 1.21%.