SIGZX Fees and Costs — Virtus Seix U.S. Government Securities Ultra-Short Bond Fund, Class R6
Data updated: 2026-08-28
The net expense ratio is 0.26%: a 0.20% management fee plus 0.20% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $154 in broker commissions, and portfolio turnover was 37%.
SIGZX Fees and Expenses
Annual operating expenses and sales charges of SIGZX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.40% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.26% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SIGZX Costs Over Time
On $10,000 invested in SIGZX, assuming 5% a year before costs, total costs come to $165 over 5 years, cutting the return by 0.27% 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 0.26%) | $27 | $86 | $150 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $90 | $165 |
| Value after costs | $10,473 | $11,486 | $12,598 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
SIGZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $154
- Bought from dealers (principal trades, not a cost): $364.6M
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $122K
- Net income from securities lending: $513 (0.000% of average net assets)
SIGZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $154 | 100.00% |
SIGZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $39.3M | 14.29% |
| BMO CAPITAL MARKETS CORP. | $38.7M | 14.09% |
| MORGAN STANLEY & CO. LLC | $37.4M | 13.60% |
| STIFEL FINANCIAL CORP. | $35.6M | 12.95% |
| PERSHING LLC | $34.6M | 12.61% |
| BOFA SECURITIES, INC. | $22.5M | 8.19% |
| CitiGroup Global Markets Inc. | $21.4M | 7.79% |
| CANTOR FITZGERALD & CO. | $17.2M | 6.28% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $14.3M | 5.21% |
| GOLDMAN SACHS & CO. LLC | $13.8M | 5.01% |
Virtus Seix U.S. Government Securities Ultra-Short Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SIGZX | Class R6 | 0.26% | none |
| SIGVX | Class I | 0.40% | none |
| SSAGX | Class A | 0.65% | none |
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.