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Home / Virtus Voices / Seix Head of Leveraged Finance: Loans Look Pretty Attractive Relative to Other Fixed Income Asset Classes Right Now

Seix Head of Leveraged Finance: Loans Look Pretty Attractive Relative to Other Fixed Income Asset Classes Right Now

George Goudelias

George Goudelias
Senior Portfolio Manager
Managing Director, Head of Leveraged Finance
Seix Investment Advisors LLC                                  

George Goudelias sits down with Virtus Chief Market Strategist Joe Terranova to discuss the loan market, economy and potential impacts of the Coronavirus, as well as a deeper dive into what he’s seeing in the technology and energy sectors.

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Virtus Seix Floating Rate High Income Fund Top Ten Holdings (%) as of 12/31/19: Ziggo BV, Term Loan E, 04/15/2025 (2.02), Charter Communications Operating LLC, Term Loan B2, 02/01/2027 (1.98), INEOS US Finance LLC, 2024 Dollar Term Loan, 04/01/2024 (1.85), Harland Clarke Holdings Corp, Initial Term Loan, 11/03/2023 (1.70), GGP Nimbus LLC, Initial Term B Loan, 08/27/2025 (1.67), William Morris Endeavor Entertainment LLC, New Term Loan B-1, 05/19/2025 (1.53), Dell International LLC, Refinancing Term B-1 Loan, 09/19/2025 (1.45), Level 3 Financing Inc, Tranche B 2027 Term Loans, 03/01/2027 (1.28), Hilton Worldwide Finance LLC, Refinance Series B-2 Term Loan, 06/22/2026 (1.27), Nouryon USA LLC, Initial Dollar Term Loan, 10/01/2025 (1.24)

IMPORTANT RISK CONSIDERATIONS
Credit & Interest: Debt securities are subject to various risks, the most prominent of which are credit and interest rate risk. The issuer of a debt security may fail to make interest and/or principal payments. Values of debt securities may rise or fall in response to changes in interest rates, and this risk may be enhanced with longer-term maturities. Bank Loans: Loans may be unsecured or not fully collateralized, may be subject to restrictions on resale and/or trade infrequently on the secondary market. Loans can carry significant credit and call risk, can be difficult to value, and have longer settlement times than other investments, which can make loans relatively illiquid at times. High Yield-High Risk Fixed Income Securities: There is a greater level of credit risk and price volatility involved with high yield securities than investment grade securities. Prospectus: For additional information on risks, please see the fund’s prospectus.

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