Virtus Seix Floating Rate High Income Fund Class I (SAMBX)
| Fund Assets | 1.13B |
| Expense Ratio | 0.63% |
| Min. Investment | $100,000 |
| Turnover | 63.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 7.53% |
| Dividend Growth | -19.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 7.63 |
| YTD Return | 2.07% |
| 1-Year Return | 7.65% |
| 5-Year Return | 30.56% |
| 52-Week Low | 7.53 |
| 52-Week High | 7.71 |
| Beta (5Y) | n/a |
| Holdings | 259 |
| Inception Date | Mar 1, 2006 |
About SAMBX
Virtus Seix Floating Rate High Income Fund Class I is a mutual fund that seeks a high level of current income by investing at least 80% of its net assets in floating rate senior bank loans, primarily first- and second-lien leveraged loans. These loans typically carry variable interest rates that reset periodically based on short-term benchmarks, helping to reduce interest rate risk in rising rate environments. The fund focuses on non-investment grade credits, emphasizing BB- and B-rated loans selected through rigorous bottom-up credit analysis to target healthier, undervalued borrowers within the leveraged loan market. With a low effective duration, the fund is structured to provide relatively stable income and act as a potential hedge against rising interest rates. It offers exposure to a diversified portfolio of senior secured loans across a range of industries, including technology, financials, energy, and healthcare, and is managed by Seix Investment Advisors, a specialist in leveraged finance and fixed income strategies. The fund is commonly used by income-oriented investors seeking higher yield with a disciplined, risk-aware approach to the bank loan asset class.
Performance
SAMBX had a total return of 7.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.28%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.04708 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04394 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03901 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04605 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05379 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04347 | Nov 28, 2025 |