Virtus Real Asset Income ETF
The Fund seeks to provide passive exposure to U.S. listed, real asset securities by tracking the Indxx Real Asset Income Index, which is comprised of real estate, natural resources and infrastructure stocks with a history of providing income and dividend growth. The Fund differs from other real asset strategies in that it does not directly invest in hard assets or commodity instruments; rather, it exclusively invests in stocks in real asset categories, and has a specific focus on income. Investing in stocks across real asset segments may offer investors the opportunity to participate in equity growth potential, with the additional potential benefit of protecting against rising inflation.
Founded in 2005, with offices in New York, Prague, and New Delhi, Indxx endeavors to deliver innovative and custom indexing solutions to the investment management community at large. Indxx has three dozen ETFs worldwide tracking its indexes, and calculates hundreds of indexes for clients around the globe.
Indxx is the index provider to the Fund. The portfolio managers are affiliated with Virtus ETF Advisers, LLC, the Fund's adviser.
Portfolio Manager, Virtus ETF Advisers LLC
Industry start date: 1988
Seth Kadushin is director of capital markets at Virtus ETF Solutions, a Virtus affiliate since 2015, which operates a multi-manager ETF platform providing access to differentiated investment capabilities from select subadvisers. In addition, Mr. Kadushin serves as portfolio manager for Virtus ETF Advisers LLC.
Prior to joining the predecessor firm to Virtus ETF Solutions in 2013, Mr. Kadushin worked at Euromoney Institutional Investor, Plc, where he developed large-scale investment management programs focusing on exchange-traded instruments and alternate investment strategies.
Previously, Mr. Kadushin was an options desk strategist at Wedbush Securities (2011-2012) and the head program trader at RBS Securities (2009-2011). Prior to 2009, Mr. Kadushin held senior-level positions at Lehman Brothers and Bear Sterns (JP Morgan), where he was a member of the cross asset policy committee charged with instituting the firm’s equity trading division guidelines.
Mr. Kadushin holds a B.B.A. in finance from Emory University. He earned an M.B.A. from Fordham University with a concentration in information systems. He has been working in the investment industry since 1988.
ETFs distributed by ETF Distributors LLC, an affiliate of Virtus ETF Advisers LLC
Matthew B. Brown
Chief Operating Officer and Portfolio Manager, Virtus ETF Advisers LLC
Industry start date: 1999
Matthew Brown is executive managing director and chief operating officer at Virtus ETF Solutions, a Virtus affiliate since 2015, which operates a multi-manager ETF platform providing access to differentiated investment capabilities from select subadvisers. Mr. Brown is also a portfolio manager with Virtus ETF Advisers LLC.
Mr. Brown has been involved in the creation and administration of financial products over fifteen years. Prior to founding the predecessor firm to Virtus ETF Solutions in 2012, he served as director of operations for Factor Advisors. Previously, Mr. Brown co-founded ETP Resources, a consulting and data services business that continues to grow and serve the ETF industry. From 2008 to 2009, he headed U.S. operations and served as chief compliance officer for U.K.-based issuer SPA/London & Capital.
Earlier in his career, Mr. Brown was integral in the design, listing, and operational development of several innovative industry-first products, including the TDX family of funds for XShares and TD Ameritrade, the first ETFs to combine equity and fixed-income holdings in the same fund. He also gained experience trading and making markets in ETFs in the United States and the U.K. while working for LaBranche Structured Products. Mr. Brown began his career at the American Stock Exchange where he was first exposed to ETFs.
Mr. Brown earned a B.A. in economics from Boston College. He has been working in the investment industry since 1999.
ETFs distributed by ETF Distributors LLC, an affiliate of Virtus ETF Advisers LLC
Provides passive exposure to real asset equity securities that have a history of producing income
Offers an alternative to traditional equity income and fixed income investments
Focus on Dividend Growth
Emphasizes companies which have demonstrated dividend growth over the last three years
Top Holdings (% Fund)
|DELEK US HOLDINGS INC||
|PIONEER NATURAL RESOURCES CO||
|VALERO ENERGY CORP||
|CANADIAN NATURAL RESOURCES||
|EOG RESOURCES INC||
|IMPERIAL OIL LTD||
|NORTH AMERICAN CONSTRUCTION||
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||0.55|
Yields/Distribution Rate(as of 09/30/2021)
|30-day SEC Yield||3.70|
|Distribution Rate (as of 10/21/2021)||2.65|
|Ex-Date||Record Date||Payable Date||Dividend Income||ST Capital Gains||LT Capital Gains||Distribution Total|
|Number of Days Fund has Traded at a:|
|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%|
|2019-Q4: 10/1/2019 through 12/31/2019||0||0||0||0||5||59||0||0||0||0|
|2020-Q1: 1/2/2020 through 3/31/2020||0||0||0||0||23||36||3||0||0||0|
|2020-Q2: 4/1/2020 through 6/30/2020||2||0||6||7||36||12||0||0||0||0|
|2020-Q3: 7/1/2020 through 9/30/2020||0||0||0||2||43||19||0||0||0||0|
|2020-Q4: 10/1/2020 through 12/31/2020||0||0||0||2||51||11||0||0||0||0|
|2021-Q1: 1/4/2021 through 3/31/2021||0||0||0||0||58||3||0||0||0||0|
|2021-Q2: 4/1/2021 through 6/30/2021||0||0||0||0||44||19||0||0||0||0|
|2021-Q3: 7/1/2021 through 9/30/2021||0||0||0||0||59||5||0||0||0||0|
Documents & Resources
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.
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.
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.