BKLN - SEIX: A Solid Play On Floating Rate Senior Loans

2024-04-19 16:26:13 ET

Summary

• Virtus Seix Senior Loan ETF is an actively managed fund that invests in senior-secured, floating-rate leveraged loans, aiming to generate high levels of current income.
• The SEIX ETF has a well-diversified portfolio with investments spread across over 140 different loans and securities, minimizing credit risk from individual issuers.
• Compared to similar ETFs, SEIX has consistently delivered better returns with less volatility and has a reasonable expense ratio, making it a compelling choice for investors.

Investing in floating-rate senior loans tends not to get much attention in the analyst world, but this is a part of the marketplace that's worth paying attention to, not their income potential and relative safety. One fund that, I think, does this well is the Virtus Seix Senior Loan ETF ( SEIX )....

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