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Morningstar

Virtus Seix Ultra-Short Bond I SISSX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 9.74  /  0.01 %
  • Total Assets 23.3 Mil
  • Adj. Expense Ratio
    0.420%
  • Expense Ratio 0.400%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.06%
  • Effective Duration 0.34 years

USD | NAV as of Jun 05, 2023 | 1-Day Return as of Jun 05, 2023, 10:21 PM GMT+0

Morningstar’s Analysis SISSX

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

People Pillar

The People Pillar is our evaluation of the SISSX 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 SISSX’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 Ultra-Short Bond I's Process and People 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 SISSX

More SISSX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 46
  • Other Holdings 5
  • % Assets in Top 10 Holdings 32.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal Home Loan Mortgage Corporation 5.34771%

5.79
1,366,002
Securitized

Federal National Mortgage Association 5.32043%

4.21
992,894
Securitized

Us Dollar

3.39
800,076
Cash and Equivalents

Capital One Multi Asset Execution Trust 5.30243%

3.13
738,471
Securitized

Citibank Credit Card Issuance Trust 5.71571%

3.09
729,198
Securitized

MERCEDES-BENZ AUTO LEASE TRUST 0.32%

2.98
701,805
Securitized

UNITED AIRLINES PASS THROUGH TRUSTS 4.875%

2.91
687,302
Securitized

Bway Corporation 2.8093%

2.68
632,018
Securitized

Dbgs 2018-Biod Mortgage Trust 5.75101%

2.67
629,969
Securitized

Wells Fargo & Company 1.654%

2.35
555,137
Corporate