
See exactly how NFLT's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for NFLT and 80,000+ other tickers.
This Fund endeavors to generate substantial current income and long-term capital growth. It pursues superior returns over the long term by implementing a multifaceted strategy that includes dynamic adjustments to sector allocation, careful selection of individual investments, and rigorous risk oversight.

Virtus Newfleet Multi-Sector Bond ETF (at NAV) returned -0.32% in the first quarter versus the Bloomberg U.S. Aggregate Bond Index return of -0.05%. Overweight and issue selection within ABS were positive. Despite ongoing volatility, ABS has remained relatively stable. Overweight to HY corporates had a negative impact on performance as fears around AI disruption and oil markets drove volatility.

Virtus Newfleet Multi-Sector Bond ETF Q4 2025 Commentary

The third quarter of 2025 was marked by shifts in macroeconomic, geopolitical, fundamental, and supply and demand dynamics. The Fund (Class I) returned 2.59% in the third quarter versus the Bloomberg U.S. Aggregate Index return of 2.03%. Investment Grade (IG) Corporates Selection: Issue selection versus the benchmark was positive for the period.

Virtus Newfleet Multi-Sector Bond ETF returned 2.60% at NAV in the second quarter versus the Bloomberg U.S. Aggregate Bond Index return of 1.21%. The Fund's underweight to U.S. Treasuries had a positive impact, as most spread sectors outperformed U.S. Treasuries and had positive excess returns. The Fund's underweight to the IG corporates sector was negative.

Virtus ETF Solutions Income Strategist James Jessup said at Exchange 2023 that “income is the overriding theme of essentially all the conversations” he's having. And according to Jessup, income is important “for a number of reasons.