SMMAX : Virtus Seix Short-Term Municipal Bond Fund Class A

SMMAX is a Bond Market Municipal Bond with MODERATE fees.

SMMAX

Virtus Seix Short-Term Municipal Bond Fund Class A

FI Score

36 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

0 /10

Category Score

8 /10

Market Size

0 /10

36% FI Score
  • smmax
  • Mutual Fund
  • Bond
  • Municipal Bond

Virtus Seix Short-Term Municipal Bond Fund Class A

Expenses: 0.65% (Better than 1% of similar funds)

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

Fund Summary

The investment seeks to maximize total return through current income that is exempt from federal income taxes and capital appreciation consistent with capital preservation. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities, including securities subject to the U.S. federal alternative minimum tax, with the income exempt from regular U.S. federal income tax. It will invest primarily in investment grade short-term municipal securities. The adviser expects that it will normally maintain an effective maturity of 3 years or less.

Largest Holdings

Amount Holding
5.92% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
5.61% NORTH TEX TWY AUTH REV 5%
4.90% VIRGINIA ST PUB BLDG AUTH PUB FACS REV 5%
4.90% LOS ANGELES CALIF DEPT WTR & PWR REV 5%
4.87% WAKE CNTY N C 5%
4.74% ENERGY NORTHWEST WASH ELEC REV 5%
4.74% YSLETA TEX INDPT SCH DIST 5%
4.72% SAN DIEGO CALIF ASSN GOVTS CAP GRNT RCPTS REV 5%
4.68% GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%
4.48% NORTH TEX TWY AUTH REV 5%
4.46% WASHINGTON ST 5%
4.39% MULTNOMAH CNTY ORE SCH DIST NO 1J PORTLAND 5%
4.11% MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.18%
3.29% CHARLOTTE N C WTR & SWR SYS REV 0.15%
2.98% UNIVERSITY WASH UNIV REVS 5%
2.50% TEXAS WATER DEV BRD 5%
2.49% FORSYTH CNTY GA SCH DIST 5%
2.48% UNIVERSITY UTAH UNIV REVS 5%
2.40% CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV 5%
1.86% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

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