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Newfleet @newfleet

Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC, is a multi-sector fixed income manager with more than 30 years of experience.

Joined March 2012
  • Tweets 542
  • Following 89
  • Followers 356
126 Photos and videos
Corp. profits are up 12% year-over-year while personal income has slowed to ~4%—a widening "K." AI productivity, tariff rebates, & tax policy may all play a role. Read more in @virtus affiliate Newfleet's 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 𝐨𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐫𝐞𝐝𝐢𝐭. bit.ly/4cMltbT
Line chart showing corporate profits growing 12% year-over-year versus personal income growth of approximately 4%, diverging into a "K" shape from 2023 through mid-2026.

ALT Line chart showing corporate profits growing 12% year-over-year versus personal income growth of approximately 4%, diverging into a "K" shape from 2023 through mid-2026.

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Newfleet retweeted
Virtus Investment Partners@virtus
May 28
In today's video Observations and Expectations, Virtus Senior Managing Director and Chief Market Strategist, Joe Terranova, has a conversation about the bond market with Dave Albrycht, CFA, President and CIO of @newfleet. Watch: bit.ly/4dBrCaT @terranovajoe
Virtus Senior Managing Director and Chief Market Strategist, Joe Terranova and Dave Albrycht, CFA, President and CIO of Newfleet Asset Management

ALT Virtus Senior Managing Director and Chief Market Strategist, Joe Terranova and Dave Albrycht, CFA, President and CIO of Newfleet Asset Management
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Loans returned 0.73% YTD through April—but ex-software, they were up 1.49%. One sector is masking a healthier market underneath, underscoring the case for a selective approach. Read Virtus partner Newfleet’s article for more on active management: bit.ly/4dn73yM @virtus
Line chart showing YTD returns for all loans vs. software loans through April 30, 2026. All loans ended roughly flat; software loans fell sharply to around –5%.

ALT Line chart showing YTD returns for all loans vs. software loans through April 30, 2026. All loans ended roughly flat; software loans fell sharply to around –5%.
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Geopolitics, energy shocks, and policy uncertainty disrupted markets in 1Q 2026, reviving inflation concerns and driving rapid repricing. See what changed—and what it means for markets—in @virtus partner Newfleet’s Market Review & Outlook. bit.ly/4tY5JHR
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Over a 3-6 mo horizon, job growth has slowed to around zero, primarily reflecting immigration policy changes. We explore the implications of this evolving labor market backdrop & what it means for growth, policy, and credit mkts—Spotlight on Global Credit bit.ly/4cMltbT
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Not sure which way the market is headed? In times of uncertainty, consider outsourcing the complexity of managing credit and duration risk with a multi-sector approach to core bonds. bit.ly/4rz05uE @Virtus
columns and arches

ALT columns and arches
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Newfleet@newfleet
22 Dec 2025
Newfleet CIO David Albrycht shares his observations from 2025 and expectations for 2026 in a recent conversation with @virtus chief market strategist @terranovajoe. Watch the full video: bit.ly/44I1yWG
In a recent interview with Joe Terranova, Virtus' Chief Market Strategist, Dave Albrycht shares Newfleet’s observations from 2025 and expectations for headwinds and tailwinds heading into 2026.

ALT In a recent interview with Joe Terranova, Virtus' Chief Market Strategist, Dave Albrycht shares Newfleet’s observations from 2025 and expectations for headwinds and tailwinds heading into 2026.
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Newfleet@newfleet
12 Nov 2025
Employment in small and medium-sized companies has continued to drift lower over the past several months, while large company employment has moved higher into the fall. Read the October Spotlight on Global Credit to find out why. bit.ly/3zNTV4P
Chart shows 3-month average payroll numbers for large, medium and small employers from 2023 to October 31, 2025.

ALT Chart shows 3-month average payroll numbers for large, medium and small employers from 2023 to October 31, 2025.
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Newfleet@newfleet
15 Oct 2025
Markets continued their rebound in 3Q as the U.S. economy showed resilience and the Federal Reserve cut rates. But is the rally at risk of fizzling out? Read @Virtus partner @Newfleet’s Market Review & Outlook to get their perspective: bit.ly/47pxoJn
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Newfleet@newfleet
13 Oct 2025
Tariff revenues may have already stabilized—the most recent daily data showed only a very small increase from August to September. Read @newfleet's August Spotlight on Global Credit to find out more. bit.ly/3zNTV4P
Line Chart: Chart shows daily and monthly tariff revenues from 2016 to September 2025

ALT Line Chart: Chart shows daily and monthly tariff revenues from 2016 to September 2025
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Newfleet@newfleet
15 Sep 2025
Even as the labor market shows signs of weakness, inflation is running hotter than the historical average. Read Newfleet’s August Spotlight on Global Credit to find out how this impacts credit. bit.ly/3zNTV4P
Line chart shows PCE goods inflation (excluding food and energy) year-over-year percent change from 1996 to present, with July’s reading higher than the historical average.

ALT Line chart shows PCE goods inflation (excluding food and energy) year-over-year percent change from 1996 to present, with July’s reading higher than the historical average.

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Newfleet@newfleet
11 Aug 2025
Frank Ossino, bank loan sector head of @virtus partner Newfleet Asset Management, gives his perspective on current loan trends in a recent #LevFin Insights Q&A. Read the article - bit.ly/45F609o
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Newfleet@newfleet
6 Aug 2025
Not sure which way the market is headed? In times of uncertainty, consider outsourcing the complexity of managing credit and duration risk with a multi-sector approach to core bonds. bit.ly/3BR8i9B
A Multi-Sector Approach to Core Plus Fixed Income

ALT A Multi-Sector Approach to Core Plus Fixed Income
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Newfleet@newfleet
16 Jul 2025
Global market turmoil at the start of 2Q eventually stabilized by quarter-end—but are credit markets now in the clear? Read @Virtus partner @Newfleet’s Market Review & Outlook to get their perspective: bit.ly/4nTytj0
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Newfleet@newfleet
14 Jul 2025
Spotlight on Global Credit Consumer prices don’t seem to reflect the full impact of tariffs… yet. Newfleet’s June Spotlight on Global Credit examines different economic indicators and the extent to which each has been affected by tariffs. bit.ly/3zNTV4P
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Newfleet@newfleet
13 Jun 2025
Spotlight on Global Credit Are house prices finally starting to trend down? Newfleet’s May Spotlight on Global Credit examines the early impact of tariffs on various economic measures. bit.ly/3zNTV4P
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Newfleet@newfleet
24 Apr 2025
Not sure which way the market is headed? In times of uncertainty, consider outsourcing the complexity of managing credit and duration risk with a multi-sector approach to core bonds. bit.ly/3BR8i9B @virtus #fixedincome
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Newfleet@newfleet
15 Apr 2025
Tariffs, stagflation fears, and general uncertainty have left markets on high alert—where do credit markets go from here? Read @Virtus partner @newfleet’s Market Review & Outlook to see its team’s take on what’s next: bit.ly/3YyK381
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Newfleet@newfleet
14 Apr 2025
Trumps’s current tariff policy appears to push tariff rates above 20%, past the level set in the 1930s by the Smoot-Hawley Tariff Act. This month’s Spotlight on Global Credit by @newfleet discusses the potential impact on fixed income. Read More. bit.ly/3zNTV4P
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Newfleet@newfleet
24 Mar 2025
Have a crystal ball? Neither do we. Consider navigating mkt unknowns with a diversified, multi-sector approach to fixed income. @newfleet lays out the advantages in The Case For Multi-Sector Fixed Income Investing Remains Strong In the Current Environment. bit.ly/41MrxKm
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