Virtus Seix High Yield Fund Class R6 (HYIZX)
| Fund Assets | 415.06M |
| Expense Ratio | 0.53% |
| Min. Investment | $2,500 |
| Turnover | 72.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 6.80% |
| Dividend Growth | -1.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 7.93 |
| YTD Return | -0.25% |
| 1-Year Return | 6.54% |
| 5-Year Return | 20.97% |
| 52-Week Low | 7.19 |
| 52-Week High | 7.95 |
| Beta (5Y) | n/a |
| Holdings | 225 |
| Inception Date | Aug 1, 2016 |
About HYIZX
The Virtus Seix High Yield Fund Class R6 is a mutual fund that primarily invests in high yield corporate bonds and other U.S. dollar-denominated debt instruments from U.S. and non-U.S. issuers, aiming to deliver high current income and total return. It emphasizes higher-quality high yield securities, focusing on BB- and B-rated bonds identified through rigorous bottom-up fundamental credit research to target undervalued credits while managing downside risk. Managed by Seix Investment Advisors, a division of Virtus Fixed Income Advisers, the fund employs a disciplined process with strict portfolio construction, sell disciplines, and trading strategies. Key features include diversification benefits, as high yield bonds exhibit low correlation to investment-grade fixed income and modest correlation to equities, alongside an effective duration of approximately 2.62 years as of late 2025. Sector allocations highlight financials at 28.20%, energy at 10.82%, and cable satellite at 7.71%, with top holdings like the Virtus Seix Senior Loan ETF and various corporate bonds. In the financial markets, it serves as a specialized fixed income option for investors seeking income from non-investment grade debt, backed by a team of experienced portfolio managers including Michael Kirkpatrick since 2007.
Performance
HYIZX had a total return of 6.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.77%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FHIFX | Fidelity | Fidelity Focused High Income Fund | 0.75% |
Top 10 Holdings
14.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Virtus Seix Senior Loan ETF | SEIX | 3.06% |
| Us Dollar | n/a | 1.76% |
| Viking Cruises, Ltd. 9.125% | VIKCRU.9.125 07.15.31 144A | 1.41% |
| Cash | n/a | 1.39% |
| Ryan Specialty LLC 5.875% | RYASPE.5.875 08.01.32 144A | 1.23% |
| United Wholesale Mortgage LLC 5.5% | UWMLLC.5.5 04.15.29 144A | 1.23% |
| Firstcash Inc 6.875% | FCFS.6.875 03.01.32 144A | 1.15% |
| Howden UK Refinance 2 PLC / Howden US Finance LLC 8.125% | HWDGRP.8.125 02.15.32 144A | 1.05% |
| Upbound Group Inc 6.375% | UPBD.6.375 02.15.29 144A | 1.04% |
| Brundage-Bone Concrete Pumping Holdings Inc. 7.5% | BBCP.7.5 02.01.32 144A | 1.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.04815 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04021 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04898 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03897 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04627 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0473 | Jul 31, 2025 |