ASHCX Fees and Costs — Virtus Newfleet Short Duration High Income Fund, Class C
Data updated: 2026-08-28
The net expense ratio is 1.11%: a 0.48% management fee, a 0.50% 12b-1 fee plus 0.28% other expenses, less a 0.15% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 54%.
ASHCX Fees and Expenses
Annual operating expenses and sales charges of ASHCX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.11% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ASHCX Costs Over Time
On $10,000 invested in ASHCX, assuming 5% a year before costs, total costs come to $693 over 5 years, cutting the return by 1.17% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.11%) | $117 | $363 | $629 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $220 | $381 | $693 |
| Value after costs | $10,280 | $11,195 | $12,070 |
| Impact on return, per year | 2.20% | 1.17% | 1.17% |
ASHCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $486.1M
- Portfolio turnover (prospectus): 54%
- Securities lending: none during the year
ASHCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $72.7M | 17.64% |
| J.P. Morgan Securities LLC | $69.0M | 16.73% |
| MORGAN STANLEY & CO. LLC | $55.3M | 13.42% |
| BOFA SECURITIES, INC. | $49.8M | 12.08% |
| BARCLAYS CAPITAL, INC. | $40.6M | 9.84% |
| WELLS FARGO SECURITIES, LLC | $36.9M | 8.96% |
| JEFFERIES LLC | $30.2M | 7.33% |
| CitiGroup Global Markets Inc. | $24.8M | 6.02% |
| RBC CAPITAL MARKETS, LLC | $18.8M | 4.57% |
| PERSHING LLC | $14.0M | 3.40% |
Virtus Newfleet Short Duration High Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ASHSX | Class R6 | 0.55% | none |
| ASHIX | Institutional Class | 0.60% | none |
| ASHAX | Class A | 0.86% | 2.25% |
| ASHCX | Class C | 1.11% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.