SEIX

Virtus Seix Senior Loan ETF
*Unless otherwise stated, data provided by FactSet.

SEIX Fund Description

SEIX provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations.

SEIX Factset Analytics Insight

SEIX offers actively-managed exposure to bank loans in an ETF wrapper. As floating rate securities, bank loans offer relative safety from interest rate risk, but still take significant credit risk. This is because the fund focuses on debt from below-investment grade firms, just like other competing ETFs in the segment. Even so, credit risk is somewhat mitigated in that the firm's capital structure is senior debt. US firms are the primary target, but the fund can hold paper up to 20% ex-US. Cash positions in the fund may represent derivative collateral rather than low risk, low return cash exposure. As with all bank-loan ETFs, keep in mind that underlying liquidity should be a concern if the market sells off. As an actively-managed fund, Seix Investment Advisors (the sub-advisor) reveals little about their approach.

PERFORMANCE [as of 12/02/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SEIX -0.28% 0.51% 3.30% 4.17% -- -- --
SEIX (NAV) -0.09% 0.59% 3.41% 4.36% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SEIX Summary Data

Virtus
04/24/19
Open-Ended Fund
0.57%
$51.46M
$157.00K
0.16%

SEIX Portfolio Data

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N/A
41

SEIX Index Data

No Underlying Index
Proprietary
Proprietary
N/A

SEIX Portfolio Management

0.57%
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SEIX Tax Exposures

20.00% / 39.60%
0.23%
Ordinary income
No

SEIX Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Medium
Daily

SEIX Factset Analytics Block Liquidity

As of 12/03/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SEIX. SEIX is rated a N/A out of 5.

SEIX Tradability

6,239
$157.00K
3,294
$83.14K
0.16%
$0.04
-0.03%
0.38% / -0.40%
None
100.00%
25,000
0.13
0.08%
--
0
$25.11
N/A

SEIX Top 10 Holdings[View All]

59.95%
6.99%
2.44%
1.88%
1.63%
1.46%
1.31%
1.13%
1.09%
1.07%
78.95%

SEIX Performance Statistics

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SEIX Holdings Statistics

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41
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SEIX Avg Life Maturity Distribution

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SEIX OAS Breakdown

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