Virtus Seix High Yield R6 (HYIZX)
| Fund Assets | 409.40M |
| Expense Ratio | 0.55% |
| Min. Investment | $2,500 |
| Turnover | 69.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 6.70% |
| Dividend Growth | -4.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.81 |
| YTD Return | 1.59% |
| 1-Year Return | 5.76% |
| 5-Year Return | 19.06% |
| 52-Week Low | 7.70 |
| 52-Week High | 8.00 |
| Beta (5Y) | 0.38 |
| Holdings | 219 |
| 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 5.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.20%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04218 | Jun 30, 2026 |
| May 29, 2026 | $0.04364 | May 29, 2026 |
| Apr 30, 2026 | $0.04265 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0426 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03927 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04286 | Jan 30, 2026 |