Virtus Newfleet High Yield Bond ETF
BLHY
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- DE United States of America
- IPO Date
- Dec 14, 2016
- CIK
- 0001648403
- Similar Companies
- Business
- Virtus Newfleet High Yield Bond ETF (BLHY) is an actively managed exchange-traded fund that seeks high current income and capital appreciation through investments in high-yield fixed income securities, including below-investment grade bonds from U.S. and emerging market issuers across diverse sectors such as energy, financial institutions, communications, consumer non-cyclical, and consumer cyclical; it employs rigorous credit analysis, relative value approaches, sector rotation, issue selection, and opportunistic trading to capitalize on mispricings, market dislocations, and special situations while targeting a duration similar to the Bloomberg U.S. High-Yield 2% Issuer Capped Bond Index. The fund, issued by Virtus ETF Trust II and sub-advised by Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC headquartered in Hartford, Connecticut, with an additional office in New York, New York, primarily serves income-focused investors seeking exposure to diversified high-yield bonds with enhanced risk-adjusted returns through bottom-up fundamental research on bond quality, credit risk, business viability, financial strength, and loan structures. Launched with an inception date around December 2016, it operates globally with holdings in domestic and foreign debt, maintaining geographic diversification across U.S. issuers and emerging markets. In recent developments, the fund underwent a name change from Virtus Newfleet Dynamic Credit ETF to Virtus Newfleet High Yield Bond ETF effective March 22, 2021, followed by another transition to Virtus Newfleet Short Duration High Yield Bond ETF prior to November 28, 2023; additionally, sub-advisory agreements were transferred to Virtus Investment Advisers, LLC in 2023 without altering fees or portfolio management, and Newfleet updated its New York office address to 1301 Avenue of the Americas effective April 14, 2025.