Virtus Newfleet Short Duration Core Plus Bond ETF
SDCP
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
- One Financial Plaza Hartford CT United States of America 6103
- IPO Date
- Nov 16, 2023
- Website
- virtus.com
- Similar Companies
- Business
- Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is an actively managed exchange-traded fund that seeks current income consistent with preservation of capital and limited net asset value fluctuations from interest rate changes by investing primarily in investment grade, short-duration debt securities across multiple bond sectors, including asset-backed securities, investment grade corporates, non-agency residential mortgage-backed securities, U.S. Treasuries, high yield corporates, non-agency commercial mortgage-backed securities, and mortgage-backed securities; the fund targets an effective duration of 1-3 years with flexibility for below-investment-grade and developed markets debt to pursue yield opportunities, employing a relative value approach with top-down sector allocation, bottom-up security selection, and rigorous portfolio risk management. Launched on November 15, 2023, and listed on NYSE Arca, SDCP is advised by Virtus Investment Advisers, LLC, with sub-adviser Newfleet Asset Management, a Hartford, Connecticut-based division of Virtus Fixed Income Advisers, LLC founded in 1989 as a multi-sector fixed income specialist managing strategies across the full fixed income universe for institutional and retail investors primarily in the United States. The portfolio management team, led by David L. Albrycht (President and CIO since inception), alongside Benjamin Caron, Lisa M. Baribault (both since inception), and Zachary Szyndlar (since May 2025), leverages over 25 years of combined expertise in fixed income sectors. Recent developments include Zachary Szyndlar's addition to the portfolio management team in May 2025, enhancing securitized products analysis amid ongoing portfolio evolution reflected in sector allocations such as 32.95% in asset-backed securities and 18.84% in non-agency residential MBS as of mid-2025; the fund maintained a net expense ratio of 0.35% through a fee waiver extended to at least November 30, 2025, and grew assets to approximately $12.9 million by late 2025 while delivering consistent monthly income distributions.