Morningstar

Virtus Seix Floating Rate High Income Fund Class R6 SFRZX

Morningstar Medalist Rating
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Medalist Rating as of See Virtus Investment Hub
  • NAV / 1-Day Return $7.56  /  +0.13 %
  • Fund Size $1.4B
  • Adjusted Expense Ratio 0.530%
  • Net Expense Ratio 0.530%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 7.27%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis SFRZX

Will SFRZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SFRZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SFRZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SFRZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An experienced team executes a disciplined bank loan process.

Associate Analyst Joe Bullard

Joe Bullard

Associate Analyst

Summary

Seix's long-tenured leveraged finance team stands out from rival shops. George Goudelias heads the group and has led Virtus Seix Floating Rate Income since its March 2006 inception. Comanager Vincent Flanagan and head of leveraged loan trading Eric Guevara round out this management roster; they have comanaged the strategy since 2011 and 2019, respectively. This trio averages 31 years of industry experience, and each has been with Seix for more than two decades.

by Joe Bullard
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Portfolio Holdings SFRZX

More SFRZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.1
Top 10 Holdings
% Portfolio Weight
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