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Morningstar

Virtus Seix Tax-Exempt Bond I HXBIX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 10.21  /  +0.01 %
  • Total Assets 56.8 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.86%
  • Effective Duration —

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:17 AM GMT+0

Morningstar’s Analysis HXBIX

Will HXBIX 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 HXBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HXBIX 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 HXBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Virtus Seix Tax-Exempt Bond I to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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 HXBIX

More HXBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PENNSYLVANIA ST TPK COMMN TPK REV 5%

4.54 2.6 Mil
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.25%

4.13 2.4 Mil
municipal

SEMINOLE CNTY FLA SCH BRD CTFS PARTN 5%

3.47 2.0 Mil
municipal

INDIANA FIN AUTH HOSP REV 5%

3.06 1.8 Mil
municipal

MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 5%

3.01 1.7 Mil
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 4.38%

2.75 1.6 Mil
municipal

NORTHWEST TEX INDPT SCH DIST 5%

2.66 1.5 Mil
municipal

ILLINOIS ST 5%

2.26 1.3 Mil
municipal

MINNEAPOLIS MINN SPL SCH DIST NO 001 5%

2.23 1.3 Mil
municipal

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

2.16 1.2 Mil
municipal