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Virtus Seix Floating Rate High Income Fund I: (MF: SAMBX)
(NASDAQ Mutual Funds) As of Sep 19, 2024 08:00 PM ET
$7.85 USD
0.00 (NA)
Zacks MF Rank
2-Buy of 5 2
Fund Description
The fund was incepted in February 1994 and is managed by Safeco Asset Management Company. The fund seeks to provide as high a level of total return as is consistent with relative stability of capital through the purchase of investment-grade debt securities. The fund invests at least 80% of its assets in investment-grade municipal bonds with maturities of more than one year and whose interest is exempt from federal income tax. The fund may invest up to 20% of its assets in unrated municipal bonds, as long as the advisor determines they are of comparable quality to investment-grade securities. The fund declares dividends, if any, daily and pays them monthly. Capital gain distributions are done twice a year.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Virtus Seix Float Rate High Inc I | SAMBX | NA | NA | 0.00 | 0.00 | 0.43 | 0.64 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| RidgeWorth Seix Float RT Hi Inc A | SFRAX | 7.85 | 5/9/2006 | 9.04 | 8.71 | 5.48 | 4.27 |
| RidgeWorth Seix Float RT Hi Inc I | SAMBX | 7.85 | 3/10/2006 | 9.36 | 9.06 | 5.77 | 4.67 |
| RidgeWorth Seix High Yield C | SFRCX | 7.85 | 10/2/2008 | 8.45 | 8.08 | 4.82 | 3.66 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Virtus Seix Float Rate High Inc I | SAMBX | 100000 | 0 | 0 | M |
Contact Information
| Family | Virtus Funds |
| Address | 100 Pearl St., 9th Fl. Hartford, CT 06103 |
| Phone | 800 243-1574 |