Virtus GF Select High Yield Fund Cl C-Dist
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General Objective
The Fund aims to deliver current income and capital appreciation by investing at least 80% of its assets in U.S. Dollar denominated below investment grade corporate high yield bonds, commonly known as "junk bonds."
Fund Exposure
The Fund's exposure primarily consists of below investment grade corporate high yield bonds, with the possibility of investing up to 20% in investment grade corporate bonds. The average duration of the Fund ranges from 2.5 to 6.5 years, and it may also invest in other fixed income securities that do not pay interest on a regular basis.
Risks
Investing in high yield bonds, also known as junk bonds, presents greater risks than investment grade bonds due to their lower credit ratings. Additionally, the Fund's actively managed approach may result in fluctuations in performance compared to its benchmark index. Investors should consider this Fund as a long-term investment option.