Virtus Private Credit Strategy ETFVirtus Private Credit Strategy ETFVirtus Private Credit Strategy ETF

Virtus Private Credit Strategy ETF

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Key stats


Assets under management (AUM)
‪56.07 M‬USD
Fund flows (1Y)
‪14.14 M‬USD
Dividend yield (indicated)
11.71%
Discount/Premium to NAV
0.2%
Shares outstanding
‪2.70 M‬
Expense ratio
9.86%

About Virtus Private Credit Strategy ETF


Brand
Virtus
Home page
Inception date
Feb 7, 2019
Structure
Open-Ended Fund
Index tracked
Indxx Private Credit Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Virtus Advisers LLC
Distributor
VP Distributors LLC
VPC is a fund of funds that aims for income from private credit markets via exposure to US-listed closed-end funds (CEFs). It holds 2 main types: CEFs regulated as business development companies (BDCs) and non-BDC CEFs that focus on private credit. The BDCs invest in middle market firms with below-investment grade ratings using a variety of debt and equity vehicles. The non-BDC CEFs invest in loans, CLOs and senior loans. VPCs index screens for steady dividend payments over the past 3 years. The non-BDC CEFs are further screened to weed out large premiums or discounts of price vs. NAV. Securities are weighted by dividend yield. Structured as a fund-of-funds, investors should expect to pay double because of costs compounding. The index is reconstituted annually and rebalanced quarterly.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Multi-factor
Geography
U.S.
Weighting scheme
Dividends
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Miscellaneous
Finance
Mutual fund
Stocks48.11%
Miscellaneous34.42%
Finance13.69%
Bonds, Cash & Other51.89%
Mutual fund49.27%
Cash2.62%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to VPC via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
VPC trades at 20.38 USD today, its price has fallen −0.15% in the past 24 hours. Track more dynamics on VPC price chart.
VPC net asset value is 20.32 today — it's risen 3.23% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
VPC assets under management is ‪56.07 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
VPC price has risen by 4.78% over the last month, and its yearly performance shows a −11.77% decrease. See more dynamics on VPC price chart.
NAV returns, another gauge of an ETF dynamics, showed a −8.60% decrease in three-month performance and has decreased by −1.89% in a year.
VPC fund flows account for ‪14.14 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
VPC invests in funds. See more details in our Analysis section.
VPC expense ratio is 9.86%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, VPC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, VPC technical analysis shows the neutral rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating VPC shows the strong sell signal. See more of VPC technicals for a more comprehensive analysis.
Yes, VPC pays dividends to its holders with the dividend yield of 11.71%.
VPC trades at a premium (0.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
VPC shares are issued by Virtus Investment Partners, Inc.
VPC follows the Indxx Private Credit Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 7, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.