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The Fund primarily dedicates its resources to actively managing a portfolio of senior-secured, floating-rate leveraged loans, with the objective of delivering significant current income. Its strategic framework incorporates a proven, fundamental research approach, meticulously seeking out the most resilient and underestimated credits. This dual focus aims to optimize potential returns while carefully constraining exposure to risk.
Is SEIX's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Virtus Seix Senior Loan ETF (NYSEARCA:SEIX - Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 37,047 shares, a growth of 177.5% from the August 31st total of 13,349 shares. Currently, 0.3% of the shares of the stock are short
The Fed's rate hike and stronger GDP outlook could benefit dollar, small-cap and floating-rate ETFs while supporting cash-like assets.
The J.P. Morgan Leveraged Loan Index generated a return of +1.93% for 2Q26, and a year-to-date (YTD) return of +1.48%. Split B/CCC issuers led quarterly returns at +3.37%, followed by B issuers at +1.93% and BB issuers at +1.75%. The Fund that we sub-advise returned +2.10% at NAV, bettering its benchmark, the S&P UBS Leveraged Loan Index, which returned +1.85% in 2Q26.
Treasury yields surge as U.S.-Iran tensions lift oil prices. These ETFs could help investors navigate a rising-rate environment.
Virtus Seix Senior Loan ETF offers classic leveraged loan exposure, overweight single-B credits, and has demonstrated consistent outperformance versus BKLN. SEIX maintains low volatility and drawdowns outside of COVID, but currently yields a modest 6.5% SEC yield. Leveraged loan spreads are at long-term averages, offering no clear buy or sell signal; fundamental deterioration is a growing concern.