As of September 29, 2023, AdvisorShares Trust - AdvisorShares Newfleet Multi-Sector Income ETF has gone out of business. AdvisorShares Trust - AdvisorShares Newfleet Multi-Sector Income ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC. The fund is co-managed by Virtus Fixed Income Advisers, LLC. It invests in fixed income markets of countries across the globe. The fund primarily invests in investment grade fixed income securities issued by corporations, banks, non-agency commercial mortgage backed securities, agency and non-agency residential mortgage-backed securities, asset-backed securities, municipalities, and issued or guaranteed by the U.S. government, its agencies, authorities or instrumentalities which are rated as BBB- and above by S&P and with an average duration between one to three years. It employs fundamental analysis with a combination of top-down and bottom-up security picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index and the BofA Merrill Lynch 1-5 Year U.S. Corporate & Government Bond Index. AdvisorShares Trust - AdvisorShares Newfleet Multi-Sector Income ETF was formed on March 19, 2013 and is domiciled in the United States.