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Seix Floating Rate High Income
| A | C | I | |
|---|---|---|---|
| CUSIP | 76628T660 | 76628T652 | 76628T678 |
| Ticker | SFRAX | SFRCX | SAMBX |
| Share Class Inception | 5/8/2006 | 8/1/2007 | 3/1/2006 |
| Exp Ratio | 0.83 | 1.53 | 0.53 |
| NAV | 8.70 | 8.70 | 8.70 |
| POP | 8.92 | 8.70 | 8.70 |
| NAV Change |  0.01 | 0.00 | 0.01 |
Performance inception and share class inception for this fund differs as performance inception includes the performance of other classes of the Fund and/or predecessors of the Fund.
Subadvisor
Complementary Fund
Morningstar Ratings as of 5/31/10
I Shares received a 5-star rating for overall performance, 5 stars for 3-year performance among 96 funds. For the 5-year and 10-year period ending 5/31/10, the Morningstar Rating is not available.
Peer Group Categories
Morningstar: Bank Loan
Lipper: Loan Participation Funds
Fund Resources
- Fact Sheet (PDF | 1 MB)
- Commentary (PDF | 1 MB)
- Strategy Highlight (PDF | 176 KB)
- Prospectus (PDF | 941 KB)
- Prospectus (PDF | 483 KB)
- Annual Report (PDF | 2 MB)
- Semi-annual Report (PDF | 926 KB)
- SAI (PDF | 822 KB)
- Seix Kit
Seix Floating Rate High Income Strategy
The strategy seeks to provide a high level of current income by investing primarily in first and second lien senior floating rate loans and other floating rate debt securities.
What are the principles that have enabled the strategy to be successful?
Targeted universe – focus primarily on the healthiest segment of the bank loan market – loans that have ratings of BB or B.
Multiple value sources – create value through in-depth company research, deliberate industry weightings, and optimal structures. Companies are modeled according to specifics that drive their industry group, to determine those that provide the best relative value. We also seek to add value by looking for positive industry fundamentals and making effective use of structure.
Risk controls – diversification controls are in place to limit sector and individual security weights within the portfolio.
Click here for disclosures and more information on investment risks.
