Funds managed by Kayne Anderson Rudnick and Newfleet Asset Management honored for top performance
HARTFORD, CT, March 14, 2025 – Virtus Investment Partners (NYSE: VRTS), which operates a multi-boutique asset management business, announced that two of its mutual funds have been honored as recipients of LSEG Lipper Fund Awards U.S. 2025 for demonstrating consistent, strong risk-adjusted returns relative to their peers.
The funds, recognized for performance through November 30, 2024, are:
"We are proud of the performance of our experienced investment teams and appreciate the recognition that Kayne and Newfleet earned from Lipper,” said Barry Mandinach, executive vice president and head of distribution at Virtus. “These two funds represent a diverse set strategies and investment approaches from our investment managers who have successfully delivered across varied market conditions and continue to position us well to provide exceptional, long-term value to our shareholders.”
Kayne Anderson Rudnick portfolio managers of the small-cap core fund are Jon Christensen, CFA, portfolio manager and senior research analyst and Todd Beiley, CFA, head of research, portfolio manager, and research analyst.
Newfleet Asset Management portfolio managers of the short duration high income fund are David L. Albrycht, CFA, president and chief investment officer; William Eastwood, CFA, senior managing director and head of trading; Eric Hess, CFA, senior managing director and high yield sector co-head; Kyle Jennings, CFA, senior managing director and head of credit research; and Frank Ossino, senior managing director and bank loan sector head.
About LSEG Lipper Fund Awards
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.
Fund Eligibility: For a detailed explanation, please review the Lipper Leader methodology document.
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. Please click on the fund name link for additional fund details and performance data current to the most recent month-end.
Important Risk Considerations
Credit Risk:If the issuer of a debt instrument fails to pay interest or principal in a timely manner, or negative perceptions exist in the market of the issuer's ability to make such payments, the price of the security may decline. Debt Instruments: Debt instruments are subject to greater levels of credit and liquidity risk, may be speculative and may decline in value due to changes in interest rates or an issuer's or counterparty's deterioration or default. Equity Securities:The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small, medium, or large-sized companies may enhance that risk. High Yield Fixed Income Securities (Junk Bonds): There is a greater risk of issuer default, less liquidity, and increased price volatility related to high yield securities than investment grade securities. Industrial Concentration: Because the portfolio is presently heavily weighted in the industrial sector, it will be impacted by that sector's performance more than a portfolio with broader sector diversification. Interest Rate: The values of debt instruments may rise or fall in response to changes in interest rates, and this risk may be enhanced for securities with longer maturities. Issuer Risk: The portfolio will be affected by factors specific to the issuers of securities and other instruments in which the portfolio invests, including actual or perceived changes in the financial condition or business prospects of such issuers. Limited Number of Investments:Because the portfolio has a limited number of securities, it may be more susceptible to factors adversely affecting its securities than a portfolio with a greater number of securities. Market Volatility:The value of the securities in the portfolio may go up or down in response to the prospects of individual companies and/or general economic conditions. Local, regional, or global events such as war or military conflict, terrorism, pandemic, or recession could impact the portfolio, including hampering the ability of the portfolio's manager(s) to invest its assets as intended.
Prospectus: For additional information on risks, please see the fund's prospectus.
Please consider a fund’s investment objectives, risks, charges, and expenses carefully before investing. For this and other information about any Virtus Fund, contact your financial representative, call 800-243-4361, or visit virtus.com for a prospectus or summary prospectus. Read it carefully before investing.
Virtus Mutual Funds are distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc.
Media Relations Contacts:
Laura Parsons
(303) 887-2911
laura.parsons@virtus.com
Jaime Doyle
(973) 944-8105
jdoyle@jconnelly.com