Virtus Seix Senior Loan ETF
$23.14−0.05 (−0.22%)
- 0.57%
- $296M
- +5.9%
- 7.02%
- 0.1M sh
- $23.16
- low $22.91high $23.65
The ETF.net SEIX Grade
B
Score 57 out of 100
- 3 of 11
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B65 out of 100Rank 4 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.D31 out of 100Rank 6 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 out of 100Rank 3 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B66 out of 100Rank 4 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A87 out of 100Rank 3 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D37 out of 100Rank 9 of 11
Our read on SEIX
BMost funds in this corner of the bond market buy fixed-rate high-yield bonds and follow an index. SEIX does neither: an actively picked book of senior loans built around one job, a high level of current income, paid out monthly.
The Fund seeks to provide a high level of current income.
Why people hold it
- Senior loans, not high-yield bonds. A different slice of corporate credit than the index trackers that dominate this category.
- Actively run, roughly 200 loans chosen by the Seix credit team rather than whatever a benchmark happens to hold.
- Cash lands monthly, which matches a mandate written around current income rather than price appreciation.
- Trading since 2019, mid-sized, and moderately traded day to day, so the strategy has a real operating history behind it.
Worth knowing
- 0.57% a year, above the 0.40% category norm and far above index trackers like SCYB at 0.03% or SPHY at 0.05%. Hand-picked loan credit carries a price tag.
- No declared index to measure against. Outcomes ride on the manager's loan selection, so the usual tracking yardstick doesn't apply.
- It is grouped with high-yield bond funds, so side-by-side comparisons line up the risk bucket, not the instrument being bought.
SEIX Holdings
- Other
- 261
- 12%
- Cash/Cash equivalents
Sectors
- Real Estate100.0%
Geography
- United States78.05%
- Luxembourg12.80%
- Ireland9.15%
SEIX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
SEIX$10,591
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SEIX |
|---|---|
| Year to date | +4.2% |
| 1 month | −0.1% |
| 3 months | +1.7% |
| 1 year | +5.9% |
| 3 years | +6.9% |
| 5 years | +5.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SEIX |
|---|---|---|
| 2026 YTD | +4.2% | |
| 2025 | +5.1% | |
| 2024 | +8.4% | |
| 2023 | +12.5% | |
| 2022 | −1.8% | |
| 2021 | +5.5% | |
| 2020 | +3.2% |
SEIX in the news
SEIX Dividends
- 7.02%
- $1.63
- $0.14 per share
- Monthly
Distribution history
SEIX Risk
- 1.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.28
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −6.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SEIX Cost
0.57%
SEIX0.57%
- The middle half of Bank Loan funds
- Median 0.62%
3 of the 11 Bank Loan funds charge less.
Other funds in Bank Loan
- BLVLNSPDR Series Trust - State Street SPDR S&P Leveraged Loan ETFExpense ratio 0.40%1 year return —
- BUSLNiShares Trust - iShares Broad USD Floating Rate Loan ETFExpense ratio 0.43%1 year return —
- BFTSLFirst Trust Senior Loan FundExpense ratio 0.70%1 year return +3.9%
- CFLBLFranklin Senior Loan ETFExpense ratio 0.45%1 year return +3.3%
- CSRLNState Street Blackstone Senior Loan ETFExpense ratio 0.70%1 year return +5.3%