Virtus Seix Floating Rate High Income Fund Class A (SFRAX)
| Fund Assets | 1.19B |
| Expense Ratio | 0.96% |
| Min. Investment | $2,500 |
| Turnover | 110.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 7.21% |
| Dividend Growth | -22.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.79 |
| YTD Return | -0.46% |
| 1-Year Return | 4.47% |
| 5-Year Return | 28.87% |
| 52-Week Low | 7.25 |
| 52-Week High | 7.84 |
| Beta (5Y) | 0.11 |
| Holdings | 278 |
| Inception Date | May 8, 2006 |
About SFRAX
Virtus Seix Floating Rate High Income Fund Class A is an actively managed mutual fund focused on **floating rate leveraged loans** and other bank loan instruments. Its primary objective is to provide a **high level of current income** by investing at least 80% of its net assets in senior secured and other floating rate loans, typically made to below–investment-grade corporate borrowers. The fund’s interest payments reset periodically, which helps reduce traditional interest rate sensitivity and contributes to its **very low effective duration** profile. Managed by Seix Investment Advisors, a specialist fixed income manager, the portfolio emphasizes **BB- and B-rated loans** selected through bottom‑up fundamental credit research and strict risk controls. Holdings span a broad range of sectors, including information technology, financials, services, energy, healthcare, and industrials, providing diversified exposure across the leveraged loan market. Within the broader fixed income universe, Virtus Seix Floating Rate High Income Fund Class A serves as a **bank loan category** strategy, often used as a complement to traditional bond allocations due to its distinct credit focus and floating rate structure.
Performance
SFRAX had a total return of 4.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.60%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04397 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05164 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04159 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05052 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04477 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04892 | Aug 29, 2025 |