SISSX : Virtus Seix Ultra-Short Bond Fund Class I

Fund Summary

The investment seeks to maximize current income consistent with capital preservation. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in short duration fixed income securities. These securities may include, but are not limited to, U.S. Treasury and agency securities, obligations of supranational entities and foreign governments, domestic and foreign-corporate debt obligations, taxable municipal debt securities, mortgage-backed and asset-backed securities. The advisor normally expects to maintain an average effective duration between 3 months and 1 year.