SLMTX : Virtus Seix U.S. Mortgage Fund Class I

SLMTX is a Bond Market Government Bond with MODERATE fees.

SLMTX

Virtus Seix U.S. Mortgage Fund Class I

FI Score

30 /100

Expense Ratio Rating

5 /10

Expense Rating

3 /10

Market Score

0 /10

Category Score

8 /10

Market Size

0 /10

30% FI Score
  • slmtx
  • Mutual Fund
  • Bond
  • Government Bond

Virtus Seix U.S. Mortgage Fund Class I

Expenses: 0.70% (Better than 1% of similar funds)

This is a bad choice for a Government Bond Bond fund. See why ยป

Fund Summary

The investment seeks to maximize long term total return through a combination of current income and capital appreciation, consistent with capital preservation. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. government agency mortgage-backed securities, such as the Federal National Mortgage Association ("FNMA"), Government National Mortgage Association ("GNMA") and collateralized mortgage obligations. It may 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.

Largest Holdings

Amount Holding
4.55% Fnma Pass-Thru I 3.5%
4.53% Federal National Mortgage Association 3.5%
3.40% Government National Mortgage Association 3%
2.86% Federal National Mortgage Association 4%
2.49% Government National Mortgage Association 3.5%
2.39% Federal Home Loan Mortgage Corporation 4%
2.35% Federal National Mortgage Association 3.5%
2.11% Federal National Mortgage Association 3.5%
2.01% Federal National Mortgage Association 3.5%
1.98% Federal Home Loan Mortgage Corporation 4%
1.96% Federal National Mortgage Association 4%
1.90% Federal National Mortgage Association 4%
1.87% Government National Mortgage Association 3%
1.86% Federal Home Loan Mortgage Corporation 4.5%
1.81% Federal Home Loan Mortgage Corporation 4%
1.80% Federal National Mortgage Association 3.5%
1.77% Federal National Mortgage Association 4%
1.76% Federal National Mortgage Association 4%
1.75% Federal National Mortgage Association 3%
1.73% Federal National Mortgage Association 4%
1.72% Federal Home Loan Mortgage Corporation 3.5%
1.66% Government National Mortgage Association 3%
1.64% Federal Home Loan Mortgage Corporation 4%
1.62% Federal National Mortgage Association 3.5%
1.59% Federal National Mortgage Association 3.5%

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