Virtus Seix Floating Rate High Income Fund Class I (SAMBX)

8.72
Net Asset Value
-0.11%
1 Day
+0.23%
Year-to-Date
Overall Morningstar Rating
Bank loan
Style or Category
No Load
Sales Expenses
0.75%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of first- and second-lien senior floating rate loans and other floating rate debt securities. It may invest up to 20% of its total assets in senior loans made to non-U.S. borrowers provided that no more than 5% of the portfolio's loans are non-U.S. dollar denominated. The fund may also engage in certain hedging transactions.

Performance

1 month+0.42% 3 years+3.94%
3 months+0.81% 5 years+3.71%
1 year+4.02% Since inception+4.38%
Data through --

Peer Comparisonvs. Bank loan

 SAMBXCategory
Performance 5-yr return+3.71%+3.18%
Expense ratio0.75%1.08%
Risk 5 year sharpe ratio1.181.18
Net assets$6.1B$2.2B
Average market cap$3.3B$6.4B
Average P/E0.9--
Portfolio turnover55%55%

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Fund Management and Purchase Info

Fund familyVirtus
Fund manager & tenureGeorge Goudelias / 12 Years
Minimal initial investment$100,000.00
Minimum IRA investment--

Holdings

Fixed income96.14%
Cash3.20%
U.S. stock0.63%
Other0.03%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 90.56%
Consumer goods 9.44%
Business service 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
Holdings not available.