Virtus Short/Intermediate, Tax-Exempt funds approve subadviser change

By Tali David

Minneapolis, March 16 - The board of trustees of Virtus Insight Trust approved subadviser changes to the Virtus Short/Intermediate Bond Fund and Virtus Tax-Exempt Bond Fund, according to a 497 filed with the Securities and Exchange Commission.

If approved at a May 15 shareholders meeting, Newfleet Asset Management will become the subadviser to both funds, replacing Harris Investment Management, Inc.

The funds' investment adviser is Hartford-based Virtus Investment Advisers, Inc.

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