C000005134 Fees and Costs — Virtus Newfleet Multi-Sector Intermediate Bond Series, Class A
Data updated: 2026-08-28
The net expense ratio is 0.94%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6 in broker commissions, and portfolio turnover was 59%.
C000005134 Fees and Expenses
Annual operating expenses and sales charges of C000005134. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.98% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.94% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000005134 Costs Over Time
On $10,000 invested in C000005134, assuming 5% a year before costs, total costs come to $589 over 5 years, cutting the return by 0.99% 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 |
| Fund expenses (net expense ratio 0.94%) | $99 | $308 | $535 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $323 | $589 |
| Value after costs | $10,401 | $11,253 | $12,174 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
C000005134 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $6
- Bought from dealers (principal trades, not a cost): $72.7M
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $6K
- Net income from securities lending: $157 (0.000% of average net assets)
C000005134 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $6 | 100.00% |
C000005134 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $11.7M | 19.96% |
| J.P. Morgan Securities LLC | $8.3M | 14.10% |
| MORGAN STANLEY & CO. LLC | $7.3M | 12.50% |
| GOLDMAN SACHS & CO. LLC | $7.0M | 11.91% |
| BARCLAYS CAPITAL, INC. | $5.2M | 8.80% |
| HSBC SECURITIES (USA), INC. | $4.7M | 8.01% |
| CitiGroup Global Markets Inc. | $4.6M | 7.90% |
| JEFFERIES LLC | $3.4M | 5.80% |
| WELLS FARGO SECURITIES, LLC | $3.3M | 5.62% |
| PERSHING LLC | $3.2M | 5.39% |
Virtus Newfleet Multi-Sector Intermediate Bond Series Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000126194 | Class I | 0.69% | — |
| C000005134 | Class A | 0.94% | — |
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.