STHZX — Virtus Seix High Income Fund
Data updated: 2024-03-14
STHZX — Virtus Seix High Income Fund. Short Corporate Bond · $131.73M AUM · 0.59% expense ratio. Holdings, fees, performance and SEC filings.
STHZX Fund Overview
STHZX — Virtus Seix High Income Fund is a US mutual fund managed by Virtus Asset Trust, categorised as Short 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: Short Corporate Bond
- Assets under management: $131.73M
- 1-year return: 13.3%
- Ticker: STHZX
- SEC CIK: 0001018593
- SEC series ID: S000057024
- Share class ID: C000181165
STHZX Investment Objective and Strategy
Virtus Seix High Income 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 current income and,
Principal investment strategy
The fund invests primarily in a diversified portfolio of higher yielding, lower-rated income-producing 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 corporate debt. The fund's investment in non-U.S. issuers may at times be significant. There are no limits on the fund's average-weighted maturity or on the remaining maturities of individual securities in which the fund may invest. The fund will invest at least 65%, and may invest up to 100%, of its assets in securities rated below investment grade by the Merrill Composite Rating or in 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 debt securities.
The fund may also invest a portion of its assets in securities that are restricted as to resale. As a result of its investment strategy, the fund's portfolio turnover rate may be 100% or more. In addition, to implement its investment strategy, the fund may buy or sell derivative instruments (such as foreign currency forward contracts, swaps, including credit default swaps, futures, credit linked notes, options, inverse floaters 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 65% of its net assets in non-investment grade fixed income securities.
STHZX Holdings
Top 10 holdings of Virtus Seix High Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Magnolia Oil Gas/mag Fin | 1.65% |
| Cco Hldgs Llc/cap Corp. | 1.49% |
| Uber Technologies, Inc. | 1.44% |
| Dreyfus Government Cash Manage | 1.40% |
| Installed Building Produ | 1.12% |
| United Wholesale Mtge Ll | 1.10% |
| Station Casinos LLC | 1.09% |
| Vector Group Ltd. | 1.08% |
| Firstcash, Inc. | 1.08% |
| New Fortress Energy, Inc. | 1.08% |
STHZX Portfolio Allocation
Asset-class allocation of Virtus Seix High Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 93.8% |
| Loans | 4.3% |
| Cash & Equivalents | 1.4% |
STHZX Performance
Total returns for STHZX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 13.3% |
| 3 years (annualised) | 1.9% |
STHZX Risk Information
Risk metrics for STHZX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.4%
STHZX Costs and Fees
STHZX costs about $59 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.59%
- Gross expense ratio: 0.77%
- Portfolio turnover: 70%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
STHZX Cashflows
Over the 12 months to 2023-12, Virtus Seix High Income Fund had net inflows of $120.95M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-12 | $11.82M |
| 2023-11 | $10.66M |
| 2023-10 | $4.53M |
| 2023-09 | $7.37M |
| 2023-08 | $9.18M |
| 2023-07 | $6.20M |
STHZX Debt Constituents
Largest debt holdings of Virtus Seix High Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Magnolia Oil Gas/mag Fin | 1.65% |
| Cco Hldgs Llc/cap Corp. | 1.49% |
| Uber Technologies, Inc. | 1.44% |
| Installed Building Produ | 1.12% |
| United Wholesale Mtge Ll | 1.10% |
| Station Casinos LLC | 1.09% |
| Vector Group Ltd. | 1.08% |
| Firstcash, Inc. | 1.08% |
| New Fortress Energy, Inc. | 1.08% |
| Lcpr Sr Secured Fin Dac | 1.07% |
STHZX Prospectus and SEC Filings
Official Virtus Seix High Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-24
- Prospectus (485BPOS) — filed 2022-04-25
- Prospectus (485BPOS) — filed 2021-04-26
- Portfolio holdings (N-PORT) — filed 2024-02-23
- Portfolio holdings (N-PORT) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2023-08-29
- Annual census (N-CEN) — filed 2024-03-14
- Annual census (N-CEN) — filed 2023-03-13
Related Funds
Other Short 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.