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REFTX

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1w
1m

Analysis and statistics

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About

REFTX.US represents the RidgeWorth Seix Floating Rate High Income Fund, a mutual fund managed by RidgeWorth Investments and sub-advised by Seix Investment Advisors. The fund primarily invests in floating rate debt securities, seeking to generate high current income while maintaining a relatively low duration. It focuses on securities rated below investment grade, which entails a higher risk profile in exchange for potentially higher yields.
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Factors

Asset Allocation: REFTX invests in various assets, including real estate, infrastructure, and natural resources. Their performance directly impacts its price.

Interest Rate Changes: Rising rates can reduce the attractiveness of income-generating assets within the fund, potentially lowering the price.

Inflation: Inflation erodes returns, especially if the underlying assets' income streams don't keep pace. This could affect the fund's price negatively.

Market Sentiment: Overall market optimism or pessimism towards alternative assets influences investor demand, which impacts the fund's price.

Fund Management Decisions: The fund manager's strategy, security selection, and expense ratio all affect the fund's returns and price.

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