SGTEX: Virtus Seix Georgia Tax-Exempt Bond A

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SGTEX Virtus Seix Georgia Tax-Exempt Bond A


Profile

SGTEX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 1.5%
  • 5 Yr Annualized Return 2.9%
  • Net Assets $65.4 M
  • Holdings in Top 10 41.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.00%

SALES FEES

  • Front Load 2.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Apr 18, 2019
  • Standard (Taxable) $2,500
  • IRA $100

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Single State Interm

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.54%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Virtus Seix Georgia Tax-Exempt Bond Fund
  • Fund Family Name
    Virtus
  • Inception Date
    Jan 19, 1994
  • Shares Outstanding
    0
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities with income exempt from U.S. federal and Georgia state income taxes. It may invest up to 20% of its assets in securities subject to the U.S. federal alternative minimum tax. The fund may also invest a portion of its net assets in certain taxable debt securities.


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Categories

SGTEX - Mutual Fund Categories


Performance

SGTEX - Performance

Return Ranking - Trailing

Period SGTEX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr 2.7% -4.5% 7.5% N/A
3 Yr 1.5%* -2.2% 2.6% N/A
5 Yr 2.9%* -1.1% 2.3% N/A
10 Yr 3.8%* -1.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period SGTEX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -7.2% 11.0% N/A
2018 N/A -10.1% 6.8% N/A
2017 N/A -4.9% 0.0% N/A
2016 N/A -5.6% 1.8% N/A
2015 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period SGTEX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr -0.2% -4.5% 7.5% N/A
3 Yr 0.5%* -2.2% 2.6% N/A
5 Yr 2.3%* -1.1% 4.3% N/A
10 Yr 3.5%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SGTEX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -7.2% 11.0% N/A
2018 N/A -10.1% 6.9% N/A
2017 N/A -4.9% 1.0% N/A
2016 N/A -5.6% 4.0% N/A
2015 N/A -34.8% 16.3% N/A

NAV & Total Return History


Holdings

SGTEX - Holdings

Concentration Analysis

SGTEX Category Low Category High SGTEX % Rank
Net Assets 65.4 M 6.42 M 20.6 B N/A
Number of Holdings 43 31 4231 N/A
Net Assets in Top 10 29.1 M 261 K 2.92 B N/A
Weighting of Top 10 41.60% 2.5% 57.1% N/A

Top 10 Holdings

  1. ATLANTA GA WTR & WASTE WTR REV 5% 6.37%
  2. CARROLL CITY-CNTY HOSP AUTH GA REV ANTIC CTF 5% 4.73%
  3. GREENE CNTY GA DEV AUTH HEALTH SYS REV 5% 4.60%
  4. MAIN STR NAT GAS INC GA GAS SUPPLY REV 2.43% 4.25%
  5. ATLANTA GA DEV AUTH REV 5.25% 4.04%
  6. PRIVATE COLLEGES & UNIVS AUTH GA REV 5% 3.83%
  7. GWINNETT CNTY GA DEV AUTH REV 5% 3.76%
  8. FULTON CNTY GA DEV AUTH REV 5% 3.45%
  9. ATLANTA GA ARPT REV 5% 3.41%
  10. FULTON CNTY GA DEV AUTH REV 5% 3.18%

Asset Allocation

Weighting Return Low Return High SGTEX % Rank
Bonds
95.86% -0.60% 102.82% N/A
Cash
4.14% -2.82% 92.17% N/A
Stocks
0.00% 0.00% 0.24% N/A
Preferred Stocks
0.00% 0.00% 0.00% N/A
Other
0.00% -2.39% 8.43% N/A
Convertible Bonds
0.00% 0.00% 0.00% N/A

Bond Sector Breakdown

Weighting Return Low Return High SGTEX % Rank
Municipal
95.86% 0.00% 103.29% N/A
Corporate
3.48% 0.00% 4.72% N/A
Cash & Equivalents
0.65% -2.82% 92.17% N/A
Derivative
0.00% -0.20% 0.00% N/A
Securitized
0.00% 0.00% 0.00% N/A
Government
0.00% -12.23% 5.93% N/A

Bond Geographic Breakdown

Weighting Return Low Return High SGTEX % Rank
US
95.86% -0.60% 102.38% N/A
Non US
0.00% 0.00% 22.38% N/A

Expenses

SGTEX - Expenses

Operational Fees

SGTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.00% 0.09% 2.11% N/A
Management Fee 0.50% 0.08% 1.30% N/A
12b-1 Fee 0.15% 0.00% 1.00% N/A
Administrative Fee 0.10% 0.00% 0.33% N/A

Sales Fees

SGTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.75% 1.00% 5.75% N/A
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

SGTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SGTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 3.00% 293.00% N/A

Distributions

SGTEX - Distributions

Dividend Yield Analysis

SGTEX Category Low Category High SGTEX % Rank
Dividend Yield 0.06% 0.00% 3.02% N/A

Dividend Distribution Analysis

SGTEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SGTEX Category Low Category High SGTEX % Rank
Net Income Ratio 2.54% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

SGTEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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Fund Manager Analysis

SGTEX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 39.77 9.01 1.5