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Morningstar

Virtus Seix High Yield Bond Inst AYBIX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 7.50  /  0.00
  • Total Assets 32.6 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.830%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 5.80%
  • Effective Duration 3.76 years

USD | NAV as of Jun 06, 2023 | 1-Day Return as of Jun 06, 2023, 12:11 AM GMT+0

Morningstar’s Analysis AYBIX

Will AYBIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AYBIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the AYBIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of AYBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Weakness in Virtus Seix High Yield Bond Inst's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AYBIX

More AYBIX Holdings
  • Current Portfolio Date
  • Equity Holdings 3
  • Bond Holdings 146
  • Other Holdings 8
  • % Assets in Top 10 Holdings 13.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Reorganized 16-10238 Holdco Pfd

2.22
725,848
Corporate

CCF Holdings LLC Unit - Class A

1.87
612,594
Financial Services

Cash

1.46
479,205
Cash and Equivalents

Carnival Corporation 4%

1.28
418,686
Corporate

Us Dollar

1.28
417,955
Cash and Equivalents

Ford Motor Credit Company LLC 6.95%

1.23
403,671
Corporate

United Shore Financial Service Llc 5.5%

1.16
381,078
Corporate

Standard Buildings Solutions Inc. 5%

1.14
372,916
Corporate

GFL Environmental Inc. 4.75%

1.12
367,630
Corporate

Iron Mountain Incorporated 5.25%

1.10
359,200
Corporate