ASHIX – Virtus Newfleet Short Dur H Inc Instl Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income with lower volatility than the broader high yield market. The fund seeks to achieve its investment objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in debt securities issued by public and private companies, which are rated below investment grade, while maintaining an average duration of less than three years, and in derivatives and other synthetic instruments that have economic characteristics similar to such debt securities.

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
ASHIX	Virtus Newfleet Short Duration High Income Fund Institutional Class	Institutional	Open			Oct 3, 2011	$554.82M	0.600%	Below Average	$1M	$17.41M
ASHAX	Virtus Newfleet Short Duration High Income Fund Class A	Front Load	Open			Oct 3, 2011	$110.72M	0.860%	Low	$2,500	−$15.56M
ASHCX	Virtus Newfleet Short Duration High Income Fund Class C	Level Load	Closed			Oct 3, 2011	$32.73M	1.110%	Low	$2,500	−$10.99M
ASHSX	Virtus Newfleet Short Duration High Income Fund Class R6	Retirement, Large	Open			Feb 1, 2017	$18.16M	0.550%	Below Average	$0	$407,599.95

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