Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you
Continue to site >
Trending ETFs

Virtus Seix Floating Rate High Income Fund

mutual fund
SAMBX
Dividend policy
Active
Price as of:
$8.21 +0.0 +0%
primary theme
Bank Loan
SAMBX (Mutual Fund)

Virtus Seix Floating Rate High Income Fund

Dividend policy
Active
Price as of:
$8.21 +0.0 +0%
primary theme
Bank Loan
SAMBX (Mutual Fund)
Virtus Seix Floating Rate High Income Fund
Dividend policy
Active
Price as of:
$8.21 +0.0 +0%
primary theme
Bank Loan

SAMBX - Snapshot

Vitals

  • YTD Return 1.5%
  • 3 Yr Annualized Return 2.7%
  • 5 Yr Annualized Return 4.1%
  • Net Assets $2.05 B
  • Holdings in Top 10 9.4%

52 WEEK LOW AND HIGH

$8.21
$7.44
$8.22

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.75%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 68.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Theme Bank Loan
  • Fund Type Open End Mutual Fund
  • Investment Style Bank Loan

Compare SAMBX to Popular Bank Loan Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$9.40

-0.11%

$8.15 B

3.34%

$0.31

blocked
blocked
blocked

1.51%

0.73%

$10.53

+0.10%

$6.67 B

4.15%

$0.44

blocked
blocked
blocked

1.06%

1.35%

$8.78

0.00%

$6.47 B

3.42%

$0.30

blocked
blocked
blocked

0.69%

0.82%

$8.39

+0.12%

$6.14 B

4.15%

$0.35

blocked
blocked
blocked

1.08%

0.60%

$9.75

0.00%

$4.49 B

4.07%

$0.40

blocked
blocked
blocked

0.62%

0.58%

Compare SAMBX to Popular Bank Loan ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$22.15

+0.09%

$6.57 B

3.24%

$0.72

blocked
blocked
blocked

-0.45%

0.65%

$45.85

+0.15%

$4.68 B

4.72%

$2.16

blocked
blocked
blocked

0.46%

0.70%

$47.95

+0.34%

$2.00 B

3.18%

$1.52

blocked
blocked
blocked

0.80%

0.85%

$50.42

-0.03%

$121.06 M

0.67%

$0.34

blocked
blocked
blocked

0.30%

0.25%

$16.16

+0.37%

$43.56 M

2.43%

$0.39

blocked
blocked
blocked

0.31%

1.12%

SAMBX - Profile

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return 2.7%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Virtus Seix Floating Rate High Income Fund
  • Fund Family Name
    Virtus
  • Inception Date
    Mar 01, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    George Goudelias

Fund Description

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 instruments. 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.


SAMBX - Performance

Return Ranking - Trailing

Period SAMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -1.3% 9.4% 23.31%
1 Yr 15.1% 4.2% 74.3% 51.84%
3 Yr 2.7%* -1.3% 5.9% 67.26%
5 Yr 4.1%* 1.5% 8.7% 47.35%
10 Yr 3.7%* 1.6% 6.3% 38.86%

* Annualized

Return Ranking - Calendar

Period SAMBX Return Category Return Low Category Return High Rank in Category (%)
2020 -3.7% -16.5% 289.8% 74.11%
2019 1.2% -8.1% 7.5% 82.91%
2018 -4.6% -12.2% 5.5% 43.51%
2017 N/A -4.2% 3.7% N/A
2016 N/A -65.0% 12.9% N/A

Total Return Ranking - Trailing

Period SAMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -1.3% 9.4% 23.31%
1 Yr 15.1% 1.1% 74.3% 44.15%
3 Yr 2.7%* -1.6% 5.9% 57.30%
5 Yr 4.1%* 1.5% 8.7% 42.42%
10 Yr 3.7%* 1.6% 6.3% 36.57%

* Annualized

Total Return Ranking - Calendar

Period SAMBX Return Category Return Low Category Return High Rank in Category (%)
2020 -3.7% -16.5% 289.8% 74.11%
2019 1.2% -8.1% 7.5% 82.91%
2018 -4.6% -12.2% 5.5% 50.76%
2017 N/A -4.2% 7.2% N/A
2016 N/A -65.0% 12.9% N/A

NAV & Total Return History


SAMBX - Holdings

Concentration Analysis

SAMBX Category Low Category High SAMBX % Rank
Net Assets 2.05 B 10 M 8.15 B 21.35%
Number of Holdings 443 13 1246 26.42%
Net Assets in Top 10 184 M -161 M 1.85 B 30.43%
Weighting of Top 10 9.37% 6.0% 94.3% 70.47%

Top 10 Holdings

  1. Asurion Llc Term Loan B4 1.73%
  2. Asurion Llc Term Loan B4 1.73%
  3. Asurion Llc Term Loan B4 1.73%
  4. Asurion Llc Term Loan B4 1.73%
  5. Asurion Llc Term Loan B4 1.73%
  6. Asurion Llc Term Loan B4 1.73%
  7. Asurion Llc Term Loan B4 1.73%
  8. Asurion Llc Term Loan B4 1.73%
  9. Asurion Llc Term Loan B4 1.73%
  10. Asurion Llc Term Loan B4 1.73%

Asset Allocation

Weighting Return Low Return High SAMBX % Rank
Bonds
95.89% 30.80% 146.63% 31.10%
Cash
2.55% -46.68% 55.70% 74.92%
Other
0.71% -51.39% 11.86% 13.38%
Convertible Bonds
0.45% 0.00% 5.44% 9.03%
Stocks
0.39% 0.00% 7.86% 33.78%
Preferred Stocks
0.02% 0.00% 24.21% 27.09%

Stock Sector Breakdown

Weighting Return Low Return High SAMBX % Rank
Energy
98.68% 0.00% 100.00% 11.26%
Technology
0.94% 0.00% 100.00% 10.81%
Consumer Cyclical
0.39% 0.00% 100.00% 35.59%
Utilities
0.00% 0.00% 100.00% 26.13%
Real Estate
0.00% 0.00% 35.72% 12.61%
Industrials
0.00% 0.00% 100.00% 45.95%
Healthcare
0.00% 0.00% 100.00% 25.23%
Financial Services
0.00% 0.00% 100.00% 16.22%
Communication Services
0.00% 0.00% 100.00% 65.77%
Consumer Defense
0.00% 0.00% 99.68% 21.17%
Basic Materials
0.00% 0.00% 26.29% 22.52%

Stock Geographic Breakdown

Weighting Return Low Return High SAMBX % Rank
US
0.39% -0.11% 8.06% 31.10%
Non US
0.00% -0.20% 2.76% 42.81%

Bond Sector Breakdown

Weighting Return Low Return High SAMBX % Rank
Corporate
91.14% 0.00% 100.00% 37.92%
Cash & Equivalents
8.78% 0.00% 58.10% 50.00%
Securitized
0.08% 0.00% 100.00% 44.30%
Derivative
0.00% 0.00% 6.73% 20.13%
Municipal
0.00% 0.00% 0.56% 17.79%
Government
0.00% 0.00% 46.71% 20.81%

Bond Geographic Breakdown

Weighting Return Low Return High SAMBX % Rank
US
74.73% 4.40% 146.63% 52.51%
Non US
21.16% 0.00% 96.26% 31.77%

SAMBX - Expenses

Operational Fees

SAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 27.10% 86.25%
Management Fee 0.42% 0.00% 2.40% 3.36%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.03% 0.40% 38.05%

Sales Fees

SAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 3.00% N/A

Trading Fees

SAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 412.00% 64.08%

SAMBX - Distributions

Dividend Yield Analysis

SAMBX Category Low Category High SAMBX % Rank
Dividend Yield 0.00% 0.00% 3.70% 15.23%

Dividend Distribution Analysis

SAMBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SAMBX Category Low Category High SAMBX % Rank
Net Income Ratio 4.10% 1.29% 10.93% 64.04%

Capital Gain Distribution Analysis

SAMBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

SAMBX - Fund Manager Analysis

Managers

George Goudelias


Start Date

Tenure

Tenure Rank

Mar 01, 2006

15.18

15.2%

George is a senior member of the high yield division and leads the firm’s bank loan group. He serves as a senior portfolio manager on the Bank Loan Management Strategy and senior research analyst covering cable and telecommunications. Since the 2005 inception, George has led the bank loan group and also oversees the firm’s collateralized loan obligation platform. George has extensive experience covering the telecommunications and cable industries and is well known on both the sell side and buy side of the business. Prior to joining Seix he was a senior high yield research analyst at J.P. Morgan Securities and was a member of Institutional Investor’s 2nd highest ranked high yield team. George received both a B.S. degree in Finance and Accounting and an M.B.A. degree in Finance from New York University.

Vincent Flanagan


Start Date

Tenure

Tenure Rank

Aug 01, 2011

9.75

9.8%

Vince is an experienced leveraged finance research analyst focused on the media and technology industries and became a portfolio manager on the Leveraged Loan Strategy in October of 2011. Before joining Seix he was the director of research for Assurant, Inc., covering the telecommunications, cable/media, utility and broadcasting industries. Vince began his career at TD Securities advancing to a senior high yield research analyst, where he focused on US and Canadian wireless carriers. Vince received a B.S. degree in Finance from New York University and is a CFA Charterholder.

Eric Guevara


Start Date

Tenure

Tenure Rank

Aug 30, 2019

1.67

1.7%

Mr. Guevara joined Seix Investment Advisors in 2000 and serves as a Portfolio Manager and Senior Leveraged Loan Trader. Mr. Guevara began his career as a trade flow administrator and gained experience as a junior trader in the investment grade group before moving into his current position in the leveraged loan group in 2006. He has worked in investment management since 2000.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 22.52 5.75 2.17