Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Virtus Newfleet CA Tax-Exempt Bond Fund

CTXEX |

-

$17.9 M

-

0.96%

Vitals

YTD Return

N/A

1 yr return

3.1%

3 Yr Avg Return

2.0%

5 Yr Avg Return

3.6%

Net Assets

$17.9 M

Holdings in Top 10

23.4%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.96%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 6.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Virtus Newfleet CA Tax-Exempt Bond Fund

CTXEX |

-

$17.9 M

-

0.96%

CTXEX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Virtus Newfleet CA Tax-Exempt Bond Fund
  • Fund Family Name
    Virtus
  • Inception Date
    Sep 29, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Timothy M. Heaney

Fund Description

CTXEX - Performance

Return Ranking - Trailing

Period CTXEX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr 3.1% -4.5% 7.5% N/A
3 Yr 2.0%* -2.2% 2.6% N/A
5 Yr 3.6%* -1.1% 2.3% N/A
10 Yr 4.8%* -1.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period CTXEX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.8% N/A
2021 N/A -4.9% 0.0% N/A
2020 N/A -5.6% 1.8% N/A
2019 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period CTXEX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr 3.1% -4.5% 7.5% N/A
3 Yr 2.0%* -2.2% 2.6% N/A
5 Yr 3.6%* -1.1% 4.3% N/A
10 Yr 4.8%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period CTXEX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.9% N/A
2021 N/A -4.9% 1.0% N/A
2020 N/A -5.6% 4.0% N/A
2019 N/A -34.8% 16.3% N/A

CTXEX - Holdings

Concentration Analysis

CTXEX Category Low Category High CTXEX % Rank
Net Assets 17.9 M 6.42 M 20.6 B N/A
Number of Holdings 97 31 4231 N/A
Net Assets in Top 10 5.57 M 261 K 2.92 B N/A
Weighting of Top 10 23.37% 2.5% 57.1% N/A

Top 10 Holdings

  1. RIVERSIDE CNTY CALIF 7.8% 5.40%
  2. CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK 5.12% 2.70%
  3. CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK 5% 2.47%
  4. CALIFORNIA ST PUB WKS BRD 6.12% 2.12%
  5. ROSEVILLE CALIF NAT GAS FING AUTH GAS 5% 2.11%
  6. GROSSMONT CALIF HEALTHCARE DIST 5% 1.99%
  7. GARDEN GROVE CALIF AGY 5% 1.72%
  8. GOLDEN ST TOB SECURITIZATION CORP CALIF 5% 1.63%
  9. SAN DIEGO CALIF REGL BLDG AUTH 5% 1.62%
  10. ROSS VALLEY CALIF SCH DIST 5% 1.61%

Asset Allocation

Weighting Return Low Return High CTXEX % Rank
Bonds 		96.02% -0.60% 102.82% N/A
Cash 		3.98% -2.82% 92.17% N/A
Stocks 		0.00% 0.00% 0.24% N/A
Preferred Stocks 		0.00% 0.00% 0.00% N/A
Other 		0.00% -2.39% 8.43% N/A
Convertible Bonds 		0.00% 0.00% 0.00% N/A

Bond Sector Breakdown

Weighting Return Low Return High CTXEX % Rank
Municipal 		96.02% 0.00% 103.29% N/A
Cash & Equivalents 		3.98% -2.82% 92.17% N/A
Derivative 		0.00% -0.20% 0.00% N/A
Securitized 		0.00% 0.00% 0.00% N/A
Corporate 		0.00% 0.00% 4.72% N/A
Government 		0.00% -12.23% 5.93% N/A

Bond Geographic Breakdown

Weighting Return Low Return High CTXEX % Rank
US 		96.02% -0.60% 102.38% N/A
Non US 		0.00% 0.00% 22.38% N/A

CTXEX - Expenses

Operational Fees

CTXEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.09% 2.11% N/A
Management Fee 0.45% 0.08% 1.30% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.00% 0.33% N/A

Sales Fees

CTXEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

CTXEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CTXEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 3.00% 293.00% N/A

CTXEX - Distributions

Dividend Yield Analysis

CTXEX Category Low Category High CTXEX % Rank
Dividend Yield 0.00% 0.00% 3.02% N/A

Dividend Distribution Analysis

CTXEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CTXEX Category Low Category High CTXEX % Rank
Net Income Ratio 3.00% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

CTXEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CTXEX - Fund Manager Analysis

Managers

Timothy M. Heaney

Start Date

Tenure

Tenure Rank

Mar 01, 1996

23.1

23.1%

Timothy M. Heaney, CFA, is Senior Portfolio Manager—Municipal Securities at Newfleet (since 2011) and served as Senior Vice President and Portfolio Manager, Fixed Income of VIA (2008 to 2011). Previously, he was associated with Goodwin Capital Advisers, Inc. (2007 to 2008), formerly an affiliate of VIA, and was also Managing Director, Fixed Income (1997-2007), Director, Fixed Income Research (1996 to 1997) and Investment Analyst (1995 to 1996) of VIA. He served as Investment Analyst of Phoenix Life Insurance Company from 1992 until 1994. Mr. Heaney also manages DTF Tax-Free Income, Inc., a closed-end fund managed by Duff & Phelps Investment Management Co, an affiliate of Newfleet and VIA. Mr. Heaney holds a Chartered Financial Analyst designation and BS and MBA degrees from the University of Connecticut. Prior to joining the Virtus organization (formerly part of the Phoenix Companies) in 1992, Mr. Heaney was a credit analyst with Connecticut National Bank.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 39.77 9.01 1.5

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.