NFLT – Virtus Newfleet Multi-Sect Bd ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a high level of current income and, secondarily, capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in bonds. The Sub-Adviser seeks to select securities using a sector rotation approach and seeks to adjust the proportion of fund investments in various sectors and sub-sectors in an effort to obtain higher relative returns.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NFLT	Virtus Newfleet Multi-Sector Bond ETF	ETF	Open			Aug 10, 2015	$506.88M	0.500%	—	—	$198.47M

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