Virtus Tax-exempt Financials
| PXCZX Fund | USD 10.32 0.01 0.1% |
Virtus |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Virtus Tax-exempt Fund Summary
Virtus Tax-exempt competes with Ab Bond, Tiaa Cref, Lord Abbett, Aqr Managed, and Arrow Managed. The fund seeks to generate current income exempt from federal income taxes by investing in a diversified portfolio with municipal bonds of varying maturities. The management team focuses on higher quality tax-exempt municipal bonds, gauging the value of a security by issue type, credit quality, and bond structure. Under normal circumstances, as a matter of fundamental policy, it invests at least 80 percent of its assets in municipal bonds, the income from which is exempt from federal income taxes.Specialization | Muni National Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | 101 Munson Street |
| Mutual Fund Family | Virtus |
| Mutual Fund Category | Muni National Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 243 1574 |
| Currency | USD - US Dollar |
Virtus Tax-exempt Key Financial Ratios
Virtus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Tax-exempt's current stock value. Our valuation model uses many indicators to compare Virtus Tax-exempt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Tax-exempt competition to find correlations between indicators driving Virtus Tax-exempt's intrinsic value. More Info.Virtus Tax Exempt Bond is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 1,534 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Virtus Tax-exempt's earnings, one of the primary drivers of an investment's value.Virtus Tax Exempt Systematic Risk
Virtus Tax-exempt's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus Tax-exempt volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Virtus Tax Exempt correlated with the market. If Beta is less than 0 Virtus Tax-exempt generally moves in the opposite direction as compared to the market. If Virtus Tax-exempt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus Tax Exempt is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus Tax-exempt is generally in the same direction as the market. If Beta > 1 Virtus Tax-exempt moves generally in the same direction as, but more than the movement of the benchmark.
Virtus Tax-exempt December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Virtus Tax-exempt help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus Tax Exempt Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus Tax Exempt Bond based on widely used predictive technical indicators. In general, we focus on analyzing Virtus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus Tax-exempt's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3164 | |||
| Information Ratio | (0.70) | |||
| Maximum Drawdown | 1.08 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.1963 |
Other Information on Investing in Virtus Mutual Fund
Virtus Tax-exempt financial ratios help investors to determine whether Virtus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Virtus with respect to the benefits of owning Virtus Tax-exempt security.
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