Ridgeworth Seix Floating Fund Quote
| SAMBX Fund | USD 7.77 0.01 0.13% |
PerformanceInsignificant
| Odds Of DistressLow
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Ridgeworth Seix is trading at 7.77 as of the 26th of February 2025; that is 0.13 percent down since the beginning of the trading day. The fund's open price was 7.78. Ridgeworth Seix has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in a combination of first- and second-lien senior floating rate loans and other floating rate debt instruments. It may invest up to 20 percent of its total assets in senior loans made to non-U.S. More on Ridgeworth Seix Floating
Moving together with Ridgeworth Mutual Fund
| 0.88 | VMSSX | Virtus Multi Sector | PairCorr |
| 0.8 | HYIZX | Ridgeworth Seix High | PairCorr |
| 0.84 | HYPSX | Ridgeworth Seix High | PairCorr |
Moving against Ridgeworth Mutual Fund
Ridgeworth Mutual Fund Highlights
| Fund Concentration | Virtus Funds, Large Funds, Bank Loan Funds, Bank Loan, Virtus (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 28th of April 2023 |
| Fiscal Year End | December |
Ridgeworth Seix Floating [SAMBX] is traded in USA and was established 26th of February 2025. Ridgeworth Seix is listed under Virtus category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Virtus family. This fund at this time has accumulated 1.56 B in assets with minimum initial investment of 100 K. Ridgeworth Seix Floating is currently producing year-to-date (YTD) return of 0.75% with the current yeild of 0.1%, while the total return for the last 3 years was 6.73%.
Check Ridgeworth Seix Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ridgeworth Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ridgeworth Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ridgeworth Seix Floating Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Ridgeworth Seix Top Holders
| FLOAX | Power Floating Rate | Mutual Fund | Nontraditional Bond | |
| FLOCX | Power Floating Rate | Mutual Fund | Nontraditional Bond | |
| FLOTX | Power Floating Rate | Mutual Fund | Nontraditional Bond | |
| SVARX | Spectrum Low Volatility | Mutual Fund | Nontraditional Bond | |
| CPMPX | Changing Parameters Fund | Mutual Fund | High Yield Bond | |
| PWRAX | Power Income Fund | Mutual Fund | Nontraditional Bond | |
| PWRCX | Power Income Fund | Mutual Fund | Nontraditional Bond | |
| PWRIX | Power Income Fund | Mutual Fund | Nontraditional Bond |
Ridgeworth Seix Floating Risk Profiles
| Mean Deviation | 0.0975 | |||
| Standard Deviation | 0.2504 | |||
| Variance | 0.0627 | |||
| Downside Variance | 0.0922 |
Ridgeworth Seix Against Markets
Other Information on Investing in Ridgeworth Mutual Fund
Ridgeworth Seix financial ratios help investors to determine whether Ridgeworth Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ridgeworth with respect to the benefits of owning Ridgeworth Seix security.
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