Shareholders of the Virtus Short/Intermediate Bond on May 18 voted to replace subadvisor Harris Investment Management with Newfleet Asset Management, and change the name of the fund to Virtus Low Duration, according to a filing.

The fund’s investment objective was also revised to read: “The fund’s investment objective is to provide a high level of total return, including a competitive level of current income, while limiting fluctuations in net asset value due to changes in interest rates.”

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