Virtus Managed Account Completion Shares’ Annual Report identifies three MACS funds, including Virtus Newfleet ABS MACS, Virtus Newfleet CMBS MACS and Virtus Newfleet Floating Rate MACS. For investors, it names the trust’s adviser, subadviser, administrator, transfer agent, Custodian and principal underwriter, clarifying the reported operating structure.

Key Highlights

  • The trust is identified by number 0002025137.
  • Virtus Investment Advisers, LLC is named as investment adviser, while Virtus Fixed Income Advisers, LLC is listed as subadviser.
  • BNY Mellon Investment Servicing (US) Inc. performs fund accounting, sub-administration, sub-transfer agency and Dividend distribution functions.

The named portfolios are Virtus Newfleet ABS MACS, Virtus Newfleet CMBS MACS and Virtus Newfleet Floating Rate MACS. The trust lists Virtus Investment Advisers, LLC as investment adviser and Virtus Fixed Income Advisers, LLC as subadviser.

Virtus Newfleet ABS MACS is associated with series S000086622. Virtus Newfleet CMBS MACS is associated with series S000086623, while Virtus Newfleet Floating Rate MACS carries series S000086624. The report identifies Virtus Investment Advisers, LLC as the investment adviser for the portfolios. Virtus Fixed Income Advisers, LLC is named as subadviser.

Service Roles Assigned

BNY Mellon Investment Servicing (US) Inc. is identified in connection with fund accounting, sub-administration, sub-transfer agency and dividend dispersing functions. Virtus Fund Services, LLC is named as administrator and transfer agent. VP Distributors, LLC is listed as principal underwriter. Jennifer Fromm, Esq. The report also lists directors and officers connected with the trust, including George R. Aylward, R. Keith Walton and Timothy Branigan.

Custody Network Named

The listed custody network also includes The Bank of New York Mellon in the United Kingdom, Germany, Italy and the Netherlands. Other named foreign custodians include Banque Nationale de Belgique SA/NV, CIBC Mellon Trust Company, Clearstream Banking S.A. in Luxembourg, HSBC Bank Australia Limited, Skandinaviska Enskilda Banken AB in Stockholm and UBS Switzerland AG. Euroclear Bank and Euroclear France are identified as foreign securities depositories. The report also names Euroclear Bank SA/NV in Belgium and UBS Switzerland AG in connection with custody or securities-depository functions.