Virtus Seix Tax-Exempt Bond Fund Class I (HXBIX)
| Fund Assets | 47.71M |
| Expense Ratio | 0.58% |
| Min. Investment | $100,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.01% |
| Dividend Growth | 2.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.23 |
| YTD Return | -0.22% |
| 1-Year Return | 4.04% |
| 5-Year Return | 2.46% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.45 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| Inception Date | Feb 26, 1996 |
About HXBIX
Virtus Seix Tax-Exempt Bond Fund Class I is an open-end municipal bond mutual fund focused on delivering a high level of current income that is exempt from federal income taxes while emphasizing preservation of capital. The strategy primarily invests in a diversified portfolio of investment-grade municipal bonds with varying maturities, selecting issuers across sectors and geographies where economic stability and essential services underpin credit quality. The fund highlights a high-quality bias, assessing each security by issue type, credit strength, and structure, and sets sector exposures using fundamental research informed by macro and market trends. Managed by Seix Investment Advisors, a specialty fixed income team within Virtus Fixed Income Advisers, the approach blends bottom-up credit work with disciplined portfolio construction and risk management over full market cycles. Within the municipal bond landscape, the fund serves as a core tax-efficient fixed income allocation for investors seeking federally tax-exempt income and diversified exposure to national muni markets, typically classified in the muni national intermediate category.
Performance
HXBIX had a total return of 4.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.00%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTABX | Fidelity | Fidelity Tax-Free Bond Fund | 0.25% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HXBZX | Class A | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02429 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02291 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02486 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02653 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02413 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02683 | Oct 31, 2025 |