Virtus Seix Tax-Exempt Bond Fund Class I (HXBIX)
| Fund Assets | 47.73M |
| Expense Ratio | 0.58% |
| Min. Investment | $100,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.96% |
| Dividend Growth | 2.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.42 |
| YTD Return | 1.41% |
| 1-Year Return | 5.21% |
| 5-Year Return | 4.24% |
| 52-Week Low | 9.59 |
| 52-Week High | 10.43 |
| Beta (5Y) | n/a |
| Holdings | 78 |
| 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 5.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.58%.
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 |
|---|---|---|
| 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 |
| Sep 30, 2025 | $0.02533 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02775 | Aug 29, 2025 |