SEIXVirtus Seix Senior Loan ETF

Get income7y track recordRanked #616 of 1,622 in this goal

Seeks to provide a high level of current income.

By Virtus · Launched 2019

Annual Cost

0.57%

#2,891 of 5,562 · average

Fund Size

$254M

#2,115 of 5,562 · mid-size

Dividend YieldGoal

7.25%

Track Record

7 years

#1,899 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,597+6.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 10.9% of fund✓ well diversified

Zacapa Sarl

1.6%

Pitney Bowes Inc

1.2%

Lumen Technologies, Inc.

1.2%

Neptune Bidco Us Inc.

1.1%

LifePoint Health Inc

1.1%

ARC Falcon I Inc

1.0%

Goodnight Water Solutions Holdings, LLC

1.0%

ARC Falcon I Inc

0.9%

AP Core Holdings II LLC

0.9%

Asurion LLC

0.9%

Asset allocation

Bonds

89.5%

Cash

10.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.6%Low

Year-on-year price swings

Max drawdown

-17.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.68Strong risk-adjusted returns

Sortino (3Y)

2.47Good downside protection

Bond profile

Duration

7.3 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide a high level of current income.
Strategy: Invests primarily in first- and second-lien senior floating rate loans, emphasizing below investment grade or unrated loans. May invest in junior debt securities and high yield fixed-rate bonds. Up to 20% in senior loans to non-U.S. borrowers, maintaining dollar-denominated loans. May use derivatives for exposure or hedging. Employs active trading and may focus on specific sectors, with a limit of 10% in revolvers and up to 33 1/3% borrowing for liquidity needs.
Inception date: April 23, 2019
Fund family: Virtus