Virtus Seix Floating Rate High Income Fund Class A (SFRAX)
| Fund Assets | 1.16B |
| Expense Ratio | 0.96% |
| Min. Investment | $2,500 |
| Turnover | 63.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 7.15% |
| Dividend Growth | -22.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 7.57 |
| YTD Return | -0.12% |
| 1-Year Return | 5.44% |
| 5-Year Return | 27.02% |
| 52-Week Low | 7.49 |
| 52-Week High | 7.70 |
| Beta (5Y) | 0.11 |
| Holdings | 275 |
| Inception Date | May 8, 2006 |
About SFRAX
Virtus Seix Floating Rate High Income Fund Class A is a mutual fund that invests primarily in floating rate leveraged loans, seeking to generate attractive current income through exposure to BB- and B-rated credit securities. The fund focuses on what Seix Investment Advisors identifies as the healthier segment of the leveraged loan market, emphasizing loans with issue sizes greater than $100 million and positive price momentum. Unlike fixed-rate bonds, floating rate loans feature periodic coupon resets tied to benchmark rates, offering potential protection against rising interest rates and price volatility. The fund employs a rigorous bottom-up fundamental analysis process combined with strict sell discipline to identify undervalued credits and manage risk. Its portfolio spans diverse sectors including financial services, energy, aerospace and defense, utilities, and healthcare. The fund's strategy aims to deliver competitive risk-adjusted returns while providing relatively low correlation to other fixed income asset classes, making it suitable as either a core fixed income holding or a complementary portfolio component.
Performance
SFRAX had a total return of 5.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.90%.
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 |
|---|---|---|
| Feb 27, 2026 | $0.03714 | Feb 27, 2026 |
| 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 |