Virtus Duff & Phelps Clean Energy ETF
Investment Overview
The Fund seeks attractive total returns by investing globally in a portfolio of clean, renewable, and sustainable companies and technologies that will power the energy needs of the future. Actively managed, the Fund focuses on well-positioned market leaders at the forefront of clean energy innovation and commercialization.
Duff & Phelps Riverside Roundtable
Investment Partner
Duff & Phelps Investment Management Co.
Duff & Phelps Investment Management pursues specialized investment strategies with exceptional depth of resources and expertise. Since its earliest beginnings, providing research and analysis of income producing securities to Depression-era investors, the firm's attention has been set on identifying attractive opportunities through active management and fundamental research, while managing the associated risks. Today, building on a distinguished legacy, Duff & Phelps has earned a reputation as a leader in investing in Global Listed Infrastructure, Global Listed Real Estate, Clean Energy, and Diversified Real Assets.
Quality. Reliability. Specialization. Since 1932.
Learn more about Duff & Phelps Investment Management Co.
Investment Professionals
Benjamin Bielawski, CFA
Portfolio Manager, Senior Research Analyst
Industry start date: 1995
Start date as fund Portfolio Manager: 2021
Eric Fogarty, CFA
Portfolio Manager, Senior Research Analyst
Industry start date: 1997
Start date as fund Portfolio Manager: 2021
Key Features
Pure Play Exposure to Clean Energy
A specialized portfolio of clean energy market leaders with a balanced and diversified approach across technologies, sectors, and geographies. Investors may benefit from the long-term secular growth of clean energy demand and the projected build-out of renewable energy generation across the utility, industrial, technology, and energy sectors
Actively Managed, Built for Transformation
The team selects a high-conviction portfolio of clean energy producers, clean energy technology and equipment providers, and clean energy transmission and distribution companies where innovation is most commercially proven
Time-Tested, Experienced Investment Team
Duff & Phelps' history and proven process with utilities and energy investments spans more than eight decades. Maintaining direct insight into every part of the clean energy value chain, through specialized research and analysis, along with crucial knowledge of the legislative and regulatory environment, provides for a distinct vantage point
Top Holdings (% Fund)
| Security | |
|---|---|
| FIRST SOLAR INC | |
| SOLAREDGE TECHNOLOGIES INC | |
| ENPHASE ENERGY INC | |
| IBERDROLA SA | |
| VESTAS WIND SYSTEMS A/S | |
| ORSTED A/S | |
| EDP-ENERGIAS DE PORTUGAL SA | |
| CONSOLIDATED EDISON INC | |
| PLUG POWER INC | |
| NEXTERA ENERGY INC |
Performance
Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost.
Fees & Expenses
| Total Expense Ratio (Gross) | 0.66 |
| Total Expense Ratio (Net) | 0.59 |
Yields / Distribution Rate1
(as of 04/28/2023)| 30-day SEC Yield | 0.96 |
| 30-day SEC Yield (unsubsidized) | 0.89 |
Distribution History2
| Ex-Date | Record Date | Payable Date | Dividend Income | ST Capital Gains | LT Capital Gains | Distribution Total |
|---|---|---|---|---|---|---|
| 06/21/2022 | 06/22/2022 | 06/29/2022 | 0.113190 | 0.000000 | 0.000000 | 0.113190 |
| 12/20/2022 | 12/21/2022 | 12/29/2022 | 0.030990 | 0.000000 | 0.000000 | 0.030990 |
Premium/Discount
| Number of Days Fund has Traded at a: | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Discount | Premium | |||||||||
| Period | Less than -2% | -1.51% to -2.00% | -1.01% to -1.50% | -0.51% to -1.00% | -0.01% to -0.50% | 0.00% to 0.50% | 0.51% to 1.00% | 1.01% to 1.50% | 1.51% to 2.00% | Greater than 2% |
| 2021-Q3: 8/3/2021 through 9/30/2021 | 0 | 0 | 0 | 0 | 4 | 27 | 9 | 1 | 0 | 1 |
| 2021-Q4: 10/1/2021 through 12/31/2021 | 0 | 0 | 0 | 1 | 5 | 43 | 6 | 8 | 0 | 1 |
| 2022-Q1: 1/3/2022 through 3/31/2022 | 0 | 0 | 0 | 0 | 3 | 22 | 30 | 6 | 0 | 1 |
| 2022-Q2: 4/1/2022 through 6/30/2022 | 3 | 0 | 1 | 3 | 15 | 32 | 7 | 0 | 0 | 1 |
| 2022-Q3: 7/1/2022 through 9/30/2022 | 0 | 1 | 0 | 1 | 39 | 22 | 1 | 0 | 0 | 0 |
| 2022-Q4: 10/3/2022 through 12/30/2022 | 1 | 0 | 0 | 1 | 46 | 8 | 4 | 0 | 0 | 3 |
| 2023-Q1: 1/3/2023 through 3/31/2023 | 2 | 2 | 0 | 4 | 37 | 12 | 2 | 1 | 0 | 2 |
Risk Considerations
Marketing Materials
| Virtus ETF Ticker Menu | |
| Investment Case: Virtus Duff & Phelps Clean Energy ETF | |
| Clean Horizons: Generating Returns on the Road to a Sustainable World |
Positions
Financial Materials
Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. Contact us at 1-888-383-0553 or visit www.virtusetfs.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money.
The Fund is an actively managed exchange-traded fund (“ETF”) and does not seek to replicate the performance of a specified index. The Fund may have a higher portfolio turnover than funds that seek to replicate the performance of an index.
Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate so your shares, when redeemed, may be worth more or less than their original cost.
Closing Price: The Closing Price is the price of the last reported trade on the fund's primary exchange. If there has been no reported trade for a particular date, the Closing Price represents the 4PM Bid/Offer Midpoint.
4PM Bid/Offer Midpoint: The midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00pm Eastern Time).
Premium/Discount: The amount the Fund is trading above or below the reported NAV (based on 4PM Bid/Offer Midpoint).
The Fund is an exchange-traded fund (“ETF”). The “net asset value” (NAV) of the Fund is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the Fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV of the Fund is not necessarily the same as its intraday trading value. Fund investors should not expect to buy or sell shares at NAV because shares of ETFs such as the Fund are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Thus, shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV, and include the reinvestment of all dividends and other distributions (reinvested at the Fund's NAV on distribution ex-date). Market price returns are calculated using the 4:00 pm midpoint between the bid and offer, and include the reinvestment of all dividends and other distributions (reinvested at the 4:00pm bid/offer midpoint on distribution ex-date). Market price returns do not represent the return you would receive if you traded at other times.
1 Yields/Distributions: 30-day SEC Yield is a standardized yield calculated according to a formula set by the SEC, and is subject to change. 30-day SEC Yield (unsubsidized) is the 30-day SEC Yield without the effect of applicable expense waivers. Distribution Rate is the annual rate that an investor would receive if the most recent distribution remained the same going forward. The rate represents a single distribution from the Fund and does not represent total return of the Fund. The distribution rate is calculated by annualizing the most recent distribution and dividing it by the most recent NAV.
2 Distribution History: Distributions are represented on a cash basis and may be reclassified at year end for tax purposes. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. STCG: Short Term Capital Gain, LTCG: Long Term Capital Gain
Returns for periods of less than one year are cumulative total returns.
Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.