SEIX Fees and Costs — Virtus Seix Senior Loan ETF
Data updated: 2026-10-13
The net expense ratio is 0.57%: a 0.57% management fee plus 0.01% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 256%.
SEIX Fees and Expenses
Annual operating expenses and sales charges of SEIX. Prospectus, as of November 25, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
SEIX Costs Over Time
On $10,000 invested in SEIX, assuming 5% a year before costs, total costs come to $360 over 5 years, cutting the return by 0.60% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.57%) | $60 | $188 | $327 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $360 |
| Value after costs | $10,440 | $11,379 | $12,403 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
SEIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $464.6M
- Portfolio turnover (prospectus): 256%
SEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $77.3M | 20.36% |
| BOFA SECURITIES, INC. | $72.2M | 19.01% |
| MORGAN STANLEY & CO. LLC | $53.9M | 14.19% |
| GOLDMAN SACHS & CO. LLC | $39.0M | 10.27% |
| CitiGroup Global Markets Inc. | $28.9M | 7.62% |
| Santander US Capital Markets LLC | $26.0M | 6.83% |
| BARCLAYS CAPITAL, INC. | $25.4M | 6.68% |
| WELLS FARGO SECURITIES, LLC | $22.1M | 5.83% |
| JEFFERIES LLC | $19.9M | 5.24% |
| TD SECURITIES (USA) LLC | $15.1M | 3.97% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.