Virtus Private Credit Etf Profile
VPC Etf | USD 22.76 0.11 0.49% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Virtus Private is trading at 22.76 as of the 30th of November 2024, a 0.49 percent increase since the beginning of the trading day. The etf's open price was 22.65. Virtus Private has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Virtus Private Credit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund will invest not less than 80 percent of its assets in component securities of the underlying index. Virtus Private is traded on NYSEARCA Exchange in the United States. More on Virtus Private Credit
Moving against Virtus Etf
Virtus Etf Highlights
Thematic Ideas | (View all Themes) |
Old Names | [VPCL Limited, Viet Nam Power Investment and Development JSC] |
Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Nontraditional Bond, Virtus (View all Sectors) |
Issuer | Virtus |
Inception Date | 2019-02-07 |
Benchmark | Indxx Private Credit Index |
Entity Type | Regulated Investment Company |
Average Trading Valume | 16,309.1 |
Asset Type | Multi Asset |
Category | Asset Allocation |
Focus | Target Outcome |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Virtus ETF Solutions, LLC |
Advisor | Virtus ETF Advisers LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | ETF Distributors LLC |
Portfolio Manager | Matthew Brown, Seth Kadushin |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Oct |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 64.0 |
Market Maker | Virtu Financial |
Total Expense | 9.72 |
Management Fee | 0.75 |
Country Name | USA |
Returns Y T D | 10.56 |
Name | Virtus Private Credit ETF |
Currency Code | USD |
Open Figi | BBG00N875F15 |
In Threey Volatility | 14.09 |
1y Volatility | 7.44 |
200 Day M A | 22.5155 |
50 Day M A | 22.2649 |
Code | VPC |
Updated At | 29th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.15 |
Virtus Private Credit [VPC] is traded in USA and was established 2019-02-07. The fund is classified under Nontraditional Bond category within Virtus family. The entity is thematically classified as Target Outcome ETFs. Virtus Private Credit at this time have 21.42 M in net assets. , while the total return for the last 3 years was 6.2%.
Check Virtus Private Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Virtus Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Virtus Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Virtus Private Credit Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Virtus Private Credit Etf Constituents
MRCC | Monroe Capital Corp | Stock | Financials | |
KIO | Kkr Income Opportunities | Fund | Asset Management | |
XFLT | XAI Octagon Floating | Stock | Financials | |
WHF | WhiteHorse Finance | Stock | Financials | |
TSLX | Sixth Street Specialty | Stock | Financials | |
TCPC | BlackRock TCP Capital | Stock | Financials | |
SLRC | SLR Investment Corp | Stock | Financials | |
PSEC | Prospect Capital | Stock | Financials |
Virtus Private Top Holders
TFALX | Tfa Tactical Income | Mutual Fund | Multistrategy | |
TFAZX | Tfa Tactical Income | Mutual Fund | Nontraditional Bond |
Virtus Private Credit Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Virtus Private. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0886 | |||
Jensen Alpha | 0.0084 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.14) |
Virtus Private Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Private Credit. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Virtus Private Credit is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus Private's value that differs from its market value or its book value, called intrinsic value, which is Virtus Private's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virtus Private's market value can be influenced by many factors that don't directly affect Virtus Private's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virtus Private's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Private is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Private's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.