HYLSX — Virtus Seix High Yield Fund
Data updated: 2026-08-28
HYLSX — Virtus Seix High Yield Fund. Intermediate Corporate Bond · $409.40M AUM · 1.04% expense ratio. Holdings, fees, performance and SEC filings.
HYLSX Fund Overview
HYLSX — Virtus Seix High Yield Fund is a US mutual fund managed by Virtus Asset Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Virtus Asset Trust
- Category: Intermediate Corporate Bond
- Assets under management: $409.40M
- Ticker: HYLSX
- SEC CIK: 0001018593
- SEC series ID: S000057025
- Share class ID: C000181171
HYLSX Investment Objective and Strategy
Virtus Seix High Yield Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Virtus Asset Trust.
Investment objective
The fund has an investment objective of seeking high income and, secondarily, capital appreciation.
Principal investment strategy
Under normal circumstances, the fund invests in various types of lower-rated, higher yielding debt instruments, including corporate obligations, floating rate loans and other debt obligations. The fund may invest in debt obligations of U.S. and non-U.S. issuers, including emerging market debt. The funds investment in non-U.S. issuers may at times be significant. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in high yield securities. High-yield fixed income securities are those that are rated below investment grade or unrated securities that the subadviser believes are of comparable quality. Such securities are commonly known as junk bonds and present greater risks than investment grade bonds. Although the fund seeks to achieve its investment objective primarily through investment in high yield securities, the fund may invest up to 20% of its net assets in investment grade instruments.
The fund will be managed with a duration that is close to the funds comparative benchmark, the ICE BofA US High Yield BB-B Constrained Index, which is generally between 2 and 6 years. Duration measures a bond or funds sensitivity to interest rate or other changes (such as changes in a bonds yield) and is expressed as a number of years or days. The higher the number, the greater the risk. Under normal circumstances, for example, if a portfolio has a duration of 5 years, its value will change by 5% if yields change by 1%. Shorter duration bonds generally result in lower expected volatility. The fund may also invest a portion of its assets in instruments that are restricted as to resale. In addition, to implement its investment strategy, the fund may buy or sell derivative instruments (such as swaps, including credit default swaps, futures and warrants) to use as a substitute for a purchase or sale of a position in the underlying assets and/or as part of a strategy designed to reduce exposure to other risks, such as interest rate or credit risks.
The fund may count the value of certain derivatives with below investment grade fixed income characteristics towards its policy to invest, under normal circumstances, at least 80% of its net assets in high yield securities.
HYLSX Holdings
Top 10 holdings of Virtus Seix High Yield Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Dreyfus Government Cash Manage | 2.33% |
| Virtus ETF Trust II | 1.54% |
| Viking Cruises Ltd. | 1.40% |
| Centene Corp. | 1.28% |
| Howden UK Refinance 2 PLC | 1.27% |
| Firstcash, Inc. | 1.16% |
| Hilcorp Energy I LP / Hilcorp Finance Co. | 1.08% |
| Brundage-Bone Concrete Pumping Holding, Inc. | 1.08% |
| Charter Communications Operating LLC / Charter Communication Operating Capital Corp. | 1.06% |
| Molina Healthcare, Inc. | 1.02% |
HYLSX Portfolio Allocation
Asset-class allocation of Virtus Seix High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 95.1% |
| Cash & Equivalents | 2.3% |
| Equity | 1.6% |
| Loans | 0.2% |
HYLSX Costs and Fees
HYLSX costs about $104 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.04%
- Gross expense ratio: 1.16%
- Portfolio turnover: 69%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
HYLSX Cashflows
Over the 12 months to 2026-06, Virtus Seix High Yield Fund had net inflows of $8.71M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $3.04M |
| 2026-05 | −$718.31K |
| 2026-04 | $511.47K |
| 2026-03 | −$8.00M |
| 2026-02 | −$427.69K |
| 2026-01 | $7.56M |
HYLSX Debt Constituents
Largest debt holdings of Virtus Seix High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Viking Cruises Ltd. | 1.40% |
| Centene Corp. | 1.28% |
| Howden UK Refinance 2 PLC | 1.27% |
| Firstcash, Inc. | 1.16% |
| Hilcorp Energy I LP / Hilcorp Finance Co. | 1.08% |
| Brundage-Bone Concrete Pumping Holding, Inc. | 1.08% |
| Charter Communications Operating LLC / Charter Communication Operating Capital Corp. | 1.06% |
| Molina Healthcare, Inc. | 1.02% |
| Ardonagh Finco Ltd. | 1.01% |
| Cloud Software Group Holdings, Inc. | 1.00% |
HYLSX Prospectus and SEC Filings
Official Virtus Seix High Yield Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-20
- Prospectus (485BPOS) — filed 2025-04-23
- Prospectus (485BPOS) — filed 2024-04-24
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-06-01
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.