Virtus Seix Senior Loan ETF (SEIX)
| Assets | $77.42M |
| NAV | $23.64 |
| Expense Ratio | 0.57% |
| PE Ratio | n/a |
| Shares Out | 3.28M |
| Dividend (ttm) | $1.00 |
| Dividend Yield | 4.21% |
| Ex-Dividend Date | May 20, 2022 |
| 1-Year Return | -4.83% |
| Volume | 851 |
| Open | 23.55 |
| Previous Close | 23.68 |
| Day's Range | 23.66 - 23.66 |
| 52-Week Low | 23.54 |
| 52-Week High | 26.20 |
| Beta | 0.26 |
| Holdings | 126 |
| Inception Date | Apr 24, 2019 |
About SEIX
The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal market circumstances, 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. These loans are made by banks and other large financial institutions to various companies and are senior in the borrowing companies' capital structure. The fund is non-diversified.
Top 10 Holdings
25.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Bny Mellon Cash Reserve Usd | N/A | 12.16% |
| Tropicana (Naked Juice Llc) 01/19/29 Term Loan | N/A | 1.71% |
| Aadvantage Loyalty 04/20/2028 Term Loan | N/A | 1.65% |
| Us Lbm 12/17/27 Term Loan | N/A | 1.61% |
| Cash | N/A | 1.52% |
| Mileage Plus 06/21/27 Term Loan | N/A | 1.45% |
| Lifepoint 11/16/25 Term Loan | N/A | 1.44% |
| Directv Financing 07/22/27 Term Loan | N/A | 1.41% |
| TMS International Corp 6.25% | TMS 6.25 04.15.29 144A | 1.29% |
| Bcp Raptor Llc 06/24/24 Term Loan | N/A | 1.18% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 20, 2022 | $0.07324 | Apr 28, 2022 |
| Mar 21, 2022 | $0.07937 | Mar 29, 2022 |
| Feb 22, 2022 | $0.085 | Feb 28, 2022 |
| Jan 20, 2022 | $0.053 | Jan 28, 2022 |
| Dec 20, 2021 | $0.25831 | Dec 29, 2021 |
| Nov 22, 2021 | $0.09055 | Nov 30, 2021 |
News
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Exchange traded fund investors can look to the alternative income category to help make the best risk return trade-off to meet their income needs. In the recent webcast, Enhance Your Fixed Income Portfo...
Enhance Your Fixed Income Portfolio with Rising Rate Strategies: Senior Loans and Securitized Debt
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Nontraditional Strategies to Consider in a Rising Rate Environment
Virtus Investment Partners, a multi-manager asset management business, discusses why advisors should consider preferreds, bank loans, and utilities for investing in, the importance of diversification in...
Non-Traditional Income: Strategies for a Rising Rate Environment
The hunt for income has become a never-ending quest in recent years, as the bond markets' rapidly changing dynamics simply aren't getting the job done for most investors. In response, many advisors have...
Alternative ETF Strategies to Bolster Your Income Portfolio
In a lower-for-longer yield environment, exchange traded fund investors can turn to non-traditional sources of income to bolster their fixed income portfolios. In the recent webcast, Income for a Better...
Leveraged Loan ETFs Can Provide Stable Income Generation
Exchange traded fund investors should consider the diversification benefits of including senior loan strategies in an investment portfolio. In the recent webcast, Loans, An All-Weather Asset Class, Geor...
Loans, An All-Weather Asset Class
With returns on bonds as paltry as ever, fixed income investors must rethink their income strategies. Yet many such portfolios remain static, with one-dimensional, antiquated approaches still taking pre...