# Virtus Seix U.S. Government Securities Ultra Short Bond Fund Class A (SSAGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ssagx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Leveraged · Inception: 2020-02-03 The primary objective of this fund is to generate substantial current income, while simultaneously preserving shareholders' original investment. It achieves this by committing a minimum of 80% of its total assets (including any funds acquired through borrowing) to short-duration securities issued or guaranteed by the U.S. government. The credit quality of these government-backed instruments is not a restrictive factor. These holdings may include a diverse range of U.S. government-related obligations, such as Treasury bills and bonds, debt issued by various U.S. government agencies, agency-b... ## Key Facts | Metric | Value | |---|---| | Price | $9.87 | | Expense Ratio | 0.65% | | Assets Under Management | $414.7M | | NAV | $9.87 | | Holdings Count | — | | Distribution Yield (TTM) | 4.02% | | Annual Distribution (TTM) | $0.40 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.85 – $9.97 | | Beta | 0.08 | ## Latest Distribution - Amount: $0.0321 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does SSAGX invest in? The primary objective of this fund is to generate substantial current income, while simultaneously preserving shareholders' original investment. It achieves this by committing a minimum of 80% of its total assets (including any funds acquired through borrowing) to short-duration securities issued or guaranteed by the U.S. government. The credit quality of these government-backed instruments is not a restrictive factor. These holdings may include a diverse range of U.S. government-related obligations, such as Treasury bills and bonds, debt issued by various U.S. government agencies, agency-backed mortgage-related securities, repurchase agreements, and other federal government instruments. The fund's adviser targets an average effective duration for the overall portfolio that typically falls between three months and one year. Additionally, individual securities purchased for the fund will generally be limited to those with an effective duration of less than five years. ### What is the expense ratio of SSAGX? Virtus Seix U.S. Government Securities Ultra Short Bond Fund Class A (SSAGX) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations. ### What is SSAGX's dividend yield? SSAGX's trailing-twelve-month yield is 4.02%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of SSAGX? Effective duration measures SSAGX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SSAGX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of SSAGX? SSAGX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of SSAGX? Yield to maturity (YTM) is the total return you'd earn from SSAGX if every bond in the portfolio is held to maturity at the current price. SSAGX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does SSAGX pay a dividend? Yes, Virtus Seix U.S. Government Securities Ultra Short Bond Fund Class A (SSAGX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.02%. Full dividend history is on this page. ### How often does SSAGX pay dividends? Virtus Seix U.S. Government Securities Ultra Short Bond Fund Class A pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SSAGX's next ex-dividend date? The most recently announced ex-dividend date for SSAGX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SSAGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.65% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SSAGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SSAGX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SSAGX cost more than a fund like VOO? SSAGX is a leveraged fund (current expense ratio 0.65%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to SSAGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SSAGX (0.65%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ssagx - Distribution history: https://www.dividenddata.com/funds/ssagx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ssagx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ssagx/expenses - Peer comparison: https://www.dividenddata.com/funds/ssagx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.