Virtus Seix Senior Loan ETF
SEIX
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 31 West 52nd Street New York City DE United States of America 10019
- IPO Date
- Apr 25, 2019
- CIK
- 0001648403
- Website
- virtus.com
- Similar Companies
- Business
- Virtus Seix Senior Loan ETF (SEIX) is an actively managed exchange-traded fund that invests primarily in senior-secured, floating-rate leveraged loans issued to U.S. corporations, seeking to generate high levels of current income through a bottom-up, fundamental credit research process targeting the healthiest and most undervalued credits rated primarily BB- and B. The fund offers exposure to diversified holdings across sectors including financials, information technology, energy, chemicals, and telecom; top positions as of late 2025 include loans to issuers such as Zacapa Sarl, WaterBridge Midstream Operating LLC, and Lumen Technologies Inc., with a focus on first- and second-lien loans greater than $200 million in issue size exhibiting positive price momentum. It provides investors with low duration risk (effective duration of 0.05 years), monthly income distributions (recent yields around 8.05% distribution rate and 7.54% 30-day SEC yield), and portfolio diversification benefits due to low correlations with traditional fixed income and equities, managed at a net expense ratio of 0.57%. Launched on April 24, 2019, and listed on NYSE Arca, the ETF is sub-advised by Seix Investment Advisors, a division of Virtus Fixed Income Advisers LLC and part of Virtus Investment Partners, Inc., headquartered in Hartford, Connecticut, with Seix based in Teaneck, New Jersey. The fund targets institutional and retail investors seeking high-yield alternatives to traditional bonds, emphasizing credit risk management, liquidity, and downside protection amid varying interest rate environments. Portfolio managers George Goudelias (CIO-Leveraged Finance), Vincent Flanagan, and Eric Guevara oversee construction with strict sell disciplines and top-down awareness, drawing on Seix's 30+ years of leveraged finance expertise managing $5 billion in assets. In recent developments, the ETF delivered a 2.02% return in Q3 2025, outperforming the S&P UBS Leveraged Loan Index's 1.68%, amid sustained retail inflows into leveraged loans totaling $21.1 billion for 2024. Seix Investment Advisors, leveraging its affiliation with Virtus, expanded its ETF offerings in December 2024 with the launch of the Virtus Seix AAA Private Credit CLO ETF (PCLO), the first ETF focused on AAA-rated private credit collateralized loan obligations, building on Seix's $3.4 billion CLO platform to enhance active fixed income strategies. Ongoing monthly distributions through November 2025, including $0.1573 per share, reflect stable income generation, while the fund maintained a lower default rate (1.2%) than its benchmark (2.1%) since inception.