Newfleet’s Frank Ossino Featured in The Wall Street Transcript
Frank Ossino discusses the Virtus Newfleet Dynamic Credit ETF. The ETF has the ability to buy both floating-rate loans and high yield corporate bonds. The strategy was developed to give investors the broadest exposure to the leveraged finance market. According to Mr. Ossino, this broad opportunity set provides a stable risk-adjusted income stream and attractive long-term outcomes. Mr. Ossino’s process takes an active approach to traditional core credit and fundamental credit analysis. Currently, the portfolio is positioned for interest rate risk, rather than credit risk, and the positions are roughly 60% loans, 35% high yield and 5% cash.