Virtus Seix Investment Grade Tax-Exempt Bond Fund (STTBX)
| Fund Assets | 113.43M |
| Expense Ratio | 0.50% |
| Min. Investment | $100,000 |
| Turnover | 41.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.65% |
| Dividend Growth | 3.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.95 |
| YTD Return | 0.71% |
| 1-Year Return | -0.18% |
| 5-Year Return | 0.59% |
| 52-Week Low | 10.60 |
| 52-Week High | 11.13 |
| Beta (5Y) | 0.19 |
| Holdings | 75 |
| Inception Date | Oct 21, 1993 |
About STTBX
Virtus Seix Investment Grade Tax-Exempt Bond Fund Class I is an open‑end municipal bond mutual fund focused on delivering federally tax‑exempt income with an emphasis on capital preservation. Managed by Seix Investment Advisors, the strategy primarily invests in investment‑grade municipal securities and employs a multifaceted process that combines duration management, yield curve positioning, sector rotation, and bottom‑up security selection. The portfolio targets the Muni National Intermediate segment, typically maintaining intermediate interest‑rate exposure while diversifying across states and essential public sectors such as general obligation, water and sewer, transportation, and power revenue issuers. The fund seeks to capitalize on municipal market inefficiencies through rigorous fundamental credit research and disciplined portfolio construction. Institutional share features include professional management continuity and a research‑driven approach under the leadership of an experienced tax‑exempt team. Within the broader fixed income market, the fund plays the role of a core tax‑efficient bond allocation for investors seeking current income exempt from federal taxes and exposure to high‑quality municipal credits, complemented by active risk management across credit, structure, and curve positioning.
Performance
STTBX had a total return of -0.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.05%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWIUX | Vanguard | Vanguard Interm-Term Tx-Ex Adm | 0.09% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SISIX | Class A | 0.67% |
Top 10 Holdings
37.72% of assets| Name | Symbol | Weight |
|---|---|---|
| OHIO ST 5% | OH.OHS 5 06.15.2032 | 6.89% |
| DALLAS TEX WTRWKS & SWR SYS REV 5% | TX.DALUTL 5 10.01.2031 | 6.16% |
| PHILADELPHIA PA 5% | PA.PHI 5 08.01.2032 | 4.28% |
| Us Dollar | n/a | 3.96% |
| INDIANAPOLIS IND LOC PUB IMPT BD BK 5.25% | IN.INPGEN 5.25 01.01.2041 | 3.60% |
| MISSISSIPPI ST 5% | MS.MSS 5 10.01.2036 | 2.76% |
| WASHINGTON SUBN SAN DIST MD 5% | MD.WASUTL 5 06.15.2030 | 2.75% |
| PORT AUTH N Y & N J 5% | NY.PORTRN 5 10.15.2030 | 2.50% |
| CHICAGO ILL WASTEWATER TRANSMISSION REV 5.25% | IL.CHIUTL 5.25 01.01.2040 | 2.46% |
| ANNE ARUNDEL CNTY MD 5% | MD.AAR 5 10.01.2030 | 2.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0263 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02586 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02403 | Jun 30, 2025 |
| May 30, 2025 | $0.02666 | May 30, 2025 |
| Apr 30, 2025 | $0.02456 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02277 | Mar 31, 2025 |