Newfleet Asset Management

David Albrycht, CFA, is president and chief investment officer of Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). Mr. Albrycht is the senior portfolio manager of several multi-sector fixed income strategies, some dating back to the early 1990s. In his role as CIO, Mr. Albrycht drives top-down strategy for Newfleet’s investment platform, which includes multi-sector and dedicated sector strategies for high yield and bank loans. In addition to managing mutual funds and variable investment options in these strategies, Mr. Albrycht is co-manager of two closed-end funds, Virtus Total Return Fund Inc. (NYSE: ZTR) and Virtus Global Multi-Sector Income Fund (NYSE: VGI). He also is co-manager of four exchange traded funds, Virtus Newfleet Multi-Sector Bond ETF (NYSE: NFLT), Virtus Newfleet Short Duration Core Plus Bond ETF (NYSE: SDCP), Virtus Newfleet Short Duration High Yield Bond ETF (NYSE: VSHY), and Virtus Newfleet ABS/MBS ETF (NYSE: VABS), and two offshore funds, the Virtus GF Multi-Sector Short Duration Bond Fund and the Virtus GF Multi-Sector Income Fund.

Prior to joining Newfleet in 2011, Mr. Albrycht was executive managing director and senior portfolio manager with Goodwin Capital Advisers, a former investment management subsidiary of Newfleet’s parent, Virtus Investment Partners. Prior to that role, Mr. Albrycht was director of credit research at Goodwin’s predecessor, Phoenix Investment Counsel (PIC). In addition, he managed the Phoenix MISTIC CDO, a $1 billion multi-sector collateralized debt obligation, for which he was responsible for credit analysis and deal structure. He joined the PIC multi-sector fixed income team in 1985 as a credit analyst and has managed fixed income portfolios since 1991.

Mr. Albrycht earned a B.A., cum laude, from Central Connecticut State University and an M.B.A., with honors, from the University of Connecticut. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1985.

Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC (“VFIA”), an SEC registered investment adviser.

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Mutual Funds, Virtus Newfleet ETFs, and Virtus Global Funds distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc.

Benjamin Caron, CFA, is a senior managing director and portfolio manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). He is a member of the multi-sector portfolio management team. Mr. Caron is co-portfolio manager and assists in the management of several multi-sector fixed income open-end and closed-end mutual funds, ETFs, and off-shore vehicles that the team manages.

Prior to joining Newfleet in 2011, Mr. Caron was on the multi-sector portfolio management team at Goodwin Capital Advisers, the former Phoenix Investment Counsel (PIC). He joined PIC in 2002 as a client service associate for the institutional markets group focusing on institutional fixed income clients. Earlier in his career, he was with Fidelity Investments, where he was responsible for client management and sales in the managed account group.

Mr. Caron earned a B.A. from Syracuse University and an M.B.A. from Suffolk University. He is a CFA® (Chartered Financial Analyst®) charterholder. Mr. Caron began his career in the investment industry in 1997.

William Eastwood, CFA, is a senior managing director, portfolio manager, and head of trading at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”), with trading responsibilities primarily for leveraged finance. In addition, Mr. Eastwood is co-portfolio manager of the Newfleet High Yield and Short Duration High Income strategies.

Prior to joining Newfleet in 2011, Mr. Eastwood served as a senior fixed income trader at several firms, including Neuberger Berman, PPM America, and Phoenix Investment Counsel.

Mr. Eastwood earned a B.S. in finance from Post University and an M.B.A. from the University of Hartford. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1995.

Eric Hess, CFA, is a senior managing director, portfolio manager and high yield sector co-head at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). He is also responsible for credit research of the energy sector. In addition, Mr. Hess is portfolio manager of the Newfleet High Yield and Short Duration High Income strategies.

Prior to joining Newfleet in 2011, Mr. Hess was on the fixed income team at Goodwin Capital Advisers. He joined Goodwin Capital’s corporate credit research group in 2010. Previous to joining Goodwin, he was a credit analyst for The Travelers Companies.

Mr. Hess earned a B.B.A. in finance from the University of Notre Dame, and he is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 2006.

Kyle Jennings, CFA, is a senior managing director and the head of credit research at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). Mr. Jennings is a portfolio manager of Newfleet’s leveraged finance strategies and co-portfolio manager of the Newfleet Bank Loans and Global Multi-Sector Income strategies.

Mr. Jennings is a member of Newfleet’s corporate credit research team and currently covers the healthcare, pharmaceuticals, and gaming industries within the leveraged finance markets. He is also a member of the team that formulates the leveraged finance strategy for the multi-sector fixed income strategies.

Prior to joining Newfleet in 2011, Mr. Jennings was on the fixed income team at Goodwin Capital Advisers, joining the predecessor, Phoenix Investment Counsel, in 1998. Before that, he was a credit research analyst in the banking industry for Shawmut Bank, Ironwood Capital, and Citizens Bank.

Mr. Jennings earned a B.S. in finance from the University of Connecticut. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1992.

Francesco Ossino is a senior managing director, senior portfolio manager, and bank loan sector head at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). As sector head, Mr. Ossino drives top-down strategy and positioning for the loan platform as well as leveraged finance strategy across dedicated portfolios and multi-sector credit strategies. Mr. Ossino is a senior portfolio manager of Newfleet’s Bank Loans and Short Duration High Income strategies.

Prior to joining Virtus in 2012, Mr. Ossino was a portfolio manager at Hartford Investment Management Company (2004-2011) and Hartford Funds subadviser Wellington Management (2012), where he managed mutual funds focused on bank loans and a commingled bank loan portfolio for institutional investors. Previously, he held a variety of credit analyst and portfolio management positions at CIGNA (2002-2004), HVB Bank (2000-2002), and FleetBoston Financial (1996-2000).

Mr. Ossino earned his M.S. in international economics and finance from Brandeis University and Luigi Bocconi University in Milan, Italy and a B.S. in economics, cum laude, from Brandeis University. He began his career in the investment industry in 1996.

Nick Rinaldi is a senior managing director and portfolio manager of securitized products at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). Mr. Rinaldi is co-head of the securitized products team, specializing in asset-backed and commercial mortgage-backed securities. In addition, Mr. Rinaldi is a co-portfolio manager of a securitized product ETF.

Prior to joining Newfleet in 2011, he held a similar role on the fixed income team at Goodwin Capital Advisers. Mr. Rinaldi began his career at Goodwin Capital’s predecessor, Phoenix Investment Counsel, in 1992 and joined the multi-sector fixed income team in 1994 as a credit analyst for the securitized products sector, focusing on asset-backed, commercial mortgage-backed, and residential mortgage-backed securities.

Mr. Rinaldi earned a B.S. in finance from Northeastern University and an M.B.A. in finance from the University of Connecticut. He began his career in the investment industry in 1992.

Andrew Szabo, CFA, is a senior managing director and portfolio manager of securitized products at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). Mr. Szabo is co-head of the securitized products team, specializing in agency and non-agency residential mortgage-backed securities. In addition, Mr. Szabo is a co-portfolio manager of a securitized product ETF.

Prior to joining Newfleet in 2011, Mr. Szabo held a similar role on the fixed income team at Goodwin Capital Advisers. Mr. Szabo began working at Goodwin Capital’s predecessor, Phoenix Investment Counsel, in 1986 and became a member of the multi-sector fixed income team in 1989, starting as a credit analyst for the securitized products sector.

Mr. Szabo earned a B.S. in finance from Central Connecticut State University. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1986.

Stephen Hooker, CFA, is a senior managing director and portfolio manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). He is a member of the multi-sector portfolio management team with primary responsibility for institutional accounts. He also serves as co-portfolio manager and assists in the management of several open-end and closed-end mutual funds.

Prior to joining Newfleet in 2011, Mr. Hooker was vice president, senior credit analyst at Aladdin Capital Management and Global Plus Investment Management, respectively, both of which specialize in high yield and structured credit products. Prior to 2005, he was at Phoenix Investment Counsel for 12 years, serving in various capacities, including as a senior credit analyst and emerging markets sector manager on its fixed income team.

Mr. Hooker earned a B.A. in psychology from Trinity College. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1993.

Matthew Kearns, CFA, is a portfolio manager and high yield sector co-head at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). He is also responsible for leveraged finance credit research covering the chemicals, banking, brokerage/asset managers, finance companies, life, P&C, health insurance, REITS, and other financial industries. In addition, Mr. Kearns is portfolio manager of the Newfleet High Yield and European High Yield strategies.

Prior to joining Newfleet in 2023, Mr. Kearns was a portfolio manager for U.S. and European high yield as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Kearns was an analyst at Citigroup Asset Management evaluating corporate securities where he was responsible for covering the broadcasting, entertainment / leisure, towers, publishing, chemicals, and utilities industries.

Mr. Kearns earned a B.S. in economics and political science from Duke University. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1997.

Ryan Jungk, CFA, is a senior managing director, corporate credit analyst and investment grade corporate sector co-head at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). He is also responsible for covering investment grade financials, REITS, consumer, healthcare, building, industrial, metals & mining, aerospace/defense, auto, and retail industries.

Prior to joining Newfleet in 2012, Mr. Jungk was a junior fixed income analyst at the Knights of Columbus, serving as a sector generalist.

Mr. Jungk earned a B.B.A. from Stetson University. He is a CFA® (Chartered Financial Analyst®) charterholder. Mr. Jungk began his career in the investment industry in 2010.

Daniel Senecal is a managing director and credit analyst at Newfleet Asset Management, an affiliated manager of Virtus Investment Partners. He is a sector manager within the emerging markets analyzing both sovereign and corporate debt.

Prior to joining Newfleet in 2011, Mr. Senecal was on the fixed income team at Goodwin Capital Advisers, an investment management company that previously was a subsidiary of Virtus. He began at Goodwin Capital in 1997 as a corporate credit research analyst, followed by several roles, including sector manager for investment grade corporate credit and sovereign credit. He was also lead portfolio manager of the Phoenix High Yield Fund from 2003 until 2005 and Phoenix Emerging Market Fund from 2004 to 2005.

Earlier in his career, Mr. Senecal completed a formal credit training program at Shawmut National Bank where he was a credit research analyst and lender. He also worked at BankBoston as a corporate bond analyst.

Mr. Senecal earned a B.A. in economics and English from Assumption College and an M.B.A. in finance from the University of Connecticut. He is a Chartered Financial Analyst^® (CFA^®) charterholder. He began his career in the investment industry in 1990.

Lisa Baribault is a director and portfolio manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). She is a member of the multi-sector portfolio management team. Ms. Baribault is co-portfolio manager and assists in the management of several multi-sector fixed income open-end mutual funds, ETFs, institutional accounts, and subadvisory assignments.

Prior to joining Newfleet in 2011, Ms. Baribault was a manager of Investment Accounting at Phoenix Life Insurance Company.

Ms. Baribault earned a B.S. in finance from Quinnipiac University and an M.B.A. from Regis University. She began her career in the investment industry in 2003.

Zachary Szyndlar, CFA, is a managing director, portfolio manager, and credit analyst of securitized products at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). Mr. Szyndlar supports the securitized products team with research on asset-backed securities, commercial mortgage-backed securities, and agency and non-agency residential mortgage-backed securities. In addition, Mr. Szyndlar is a co-portfolio manager of a securitized product ETF.

Prior to joining Newfleet in 2014, Mr. Szyndlar was a research consultant at Symmetry Partners, LLC.

Mr. Szyndlar holds a B.S. in accounting from Salve Regina University, and an M.S. in finance from Fairfield University. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 2013.

Matthew Kearns is a portfolio manager for U.S. and Euro high yield at Stone Harbor Investment Partners, and affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor in 1997, Mr. Kearns was an analyst at Citigroup Asset Management evaluating corporate securities where he was responsible for covering the broadcasting, entertainment / leisure, towers, publishing, chemicals, and utilities industries.

Mr. Kearns earned a B.S. in economics and political science from Duke University. He is a Chartered Financial Analyst® (CFA®) charterholder and a member of the CFA Institute and CFA Society New York. He began working in the investment industry in 1997.

Simon Lau, CFA, is a portfolio manager for the Multi-Asset Credit Strategies, developed markets sector manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”).

Prior to joining Newfleet in 2023, Mr. Lau was a portfolio manager for multi-sector strategies / investment grade as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Lau served as a Vice President of LDI and Synthetics AUM at BlackRock Financial Management. Previously, he focused on Portfolio Valuation and Performance Measurement at BlackRock Financial Management.

Mr. Lau earned a B.B.A. in Finance and Investments from the Zicklin School of Business at Baruch College. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 2006.

Roger Lavan, CFA, is a portfolio manager for the Multi-Asset Credit Strategies and securitized products sector manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”).

Prior to joining Newfleet in 2023, Mr. Lavan was a portfolio manager for multi-sector strategies/investment grade as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Lavan was a managing director and senior portfolio manager responsible for U.S. governments, mortgages, and asset-backed securities at Citigroup Asset Management. Previously, Mr. Lavan served as an investment policy committee member at Salomon Brothers Asset Management and as a research analyst for institutional investment grade fixed income for Salomon Brothers Inc.

Mr. Lavan earned a B.S. in management from State University of New York at Geneseo and an M.B.A from Fordham University. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1985.

David Scott is a portfolio manager for the Multi-Asset Credit Strategies and developed markets sector manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”).

Prior to joining Newfleet in 2023, Mr. Scott was a portfolio manager for multi-sector strategies and investment grade as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Scott was a managing director, investment policy committee member and head of the traditional investment group responsible for the traditional bond product at Salomon Brothers Asset Management. Prior to that, he served as a global fixed income portfolio manager at J.P. Morgan Investment Management. Earlier in his career, Mr. Scott served as a U.S. dollar portfolio manager at Mercury Asset Management and held the role of a consultant actuary for the Wyatt Company.

Mr. Scott earned a B.Sc. in mathematics and economics from Nottingham University in England. He began his career in the investment industry in 1983.

Gerald Culmone is a portfolio manager and trader for investment grade at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC ("VFIA").

Prior to joining Newfleet in 2023, Mr. Culmone was a portfolio manager for investment grade as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have trading and portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Culmone was a director and portfolio manager for Citigroup Asset Management responsible for U.S. fixed income. Prior to Citigroup, Mr. Culmone served as a fixed income trader and portfolio manager for Smith Barney Capital Management where he co-managed balanced accounts and separately managed institutional bond portfolios. Prior to that, he was a fixed income trader and municipal liaison for Smith Barney Inc. Earlier in his career, Mr. Culmone held the role of an account executive for Moore & Scheley Municipals. He began his career as an associate financial analyst at the Westinghouse Elevator Company.

Mr. Culmone earned a B.S. in finance from Rider College. He began his career in the investment industry in 1988.