Virtus Seix Floating Rate High Inc C (SFRCX)
| Fund Assets | 1.37B |
| Expense Ratio | 1.54% |
| Min. Investment | $2,500 |
| Turnover | 110.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 7.91% |
| Dividend Growth | -8.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 7.68 |
| YTD Return | -0.56% |
| 1-Year Return | 2.18% |
| 5-Year Return | 22.25% |
| 52-Week Low | 7.49 |
| 52-Week High | 7.90 |
| Beta (5Y) | n/a |
| Holdings | 317 |
| Inception Date | Aug 3, 2007 |
About SFRCX
Virtus Seix Floating Rate High Income Fund Class C is a mutual fund that primarily invests in floating rate leveraged loans, aiming to provide investors with a high level of current income. These loans typically feature interest payments that adjust to prevailing short-term benchmarks such as LIBOR or SOFR, which can help insulate the portfolio from fluctuations in interest rates. The fund focuses on first and second lien senior loans—often rated BB or B—which are made to corporate borrowers across various industries, offering exposure to sectors such as technology, telecommunications, and industrials. Notable portfolio holdings include term loans from companies like Asurion, Ultra Clean Holdings, and Virgin Media, reflecting its diversified approach across corporate credit markets. Through a disciplined investment process, the fund seeks to generate attractive risk-adjusted returns while limiting downside risk via rigorous credit analysis and a strict sell discipline. It operates within the bank loan category and provides monthly income distributions, playing a significant role for investors seeking both income potential and some protection against rising interest rates in their fixed income allocation.
Performance
SFRCX had a total return of 2.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.
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 Hi Inc | n/a |
Top 10 Holdings
13.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | n/a | 3.65% |
| State Street U.S. Government Money Market Portfolio | SAMXX | 1.78% |
| Zacapa Sarl Term Loan B | n/a | 1.26% |
| Asurion Llc Term Loan B11 | n/a | 1.16% |
| Waterbridge Midstream Op Term Loan B | n/a | 1.12% |
| Forest City Enterprises Term Loan B | n/a | 1.09% |
| Ultra Clean Holdings Inc Term Loan B | n/a | 1.04% |
| Cobham Ultra Seniorco Sa Term Loan B | n/a | 0.91% |
| Venga Finance Sarl Term Loan B | n/a | 0.87% |
| Drw Holdings Llc Term Loan B | n/a | 0.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.04504 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04452 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04181 | Jun 30, 2025 |
| May 30, 2025 | $0.04671 | May 30, 2025 |
| Apr 30, 2025 | $0.04464 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04205 | Mar 31, 2025 |