Virtus Fixed Income Advisers, LLC In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Virtus Fixed Income Advisers, LLC reported 21 stock positions worth $118.6 million . Its top holding was Virtus Nwflt Secr Inc. ETF-Ui (VABS) at 54.8% of the portfolio, followed by Virtus Nwflt SHRT Dur Hi YLD (VSHY, 20.9% ) and Virtus Seix Senior Loan ETF (SEIX, 15.1% ). Compared with Q3 2025, it sold out of 1, added to 9 and reduced 6. The biggest buy was Invesco Senior Loan ETF (BKLN, shares +206% ) and the biggest sale Virtus Seix Senior Loan ETF (SEIX, shares −14% ).
Location HARTFORD, CT
CIK 0002079921
Portfolio Value $118.6M (Q4 2025) Holdings 21 stocks · $118.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2025 VABS Virtus Nwflt Secr Inc. ETF-Ui 2,680,618 $65.0M Reduce -0.7% VSHY Virtus Nwflt SHRT Dur Hi YLD 1,134,075 $24.7M Add +0.0% SEIX Virtus Seix Senior Loan ETF 765,616 $17.9M Reduce -14.3% SMC Summit Midstream Corp. 119,749 $3.2M No change HYG Ishr Ibx Usd Hiyld CB ETF-Ui 25,468 $2.1M Add +4.2% JNK SS SPDR BB High Yield Bond 20,152 $2.0M Add +4.4% BKLN Invesco Senior Loan ETF 71,305 $1.5M Add +205.6% PCLO Virtus Seix Aaa PRV CR Clo 48,000 $1.2M No change SJNK SS SPDR BB St Hi Yield ETF 39,210 $993K Add +9.0% TALO Talos Energy Inc. 2,973 $33K No change SDCP Virtus Newfleet SD 535 $14K No change SPBO SS SPDR P Corp. Bond ETF 240 $7K Add +9.1% SPMB SS SPDR P Mort Back Bond ETF 211 $5K Add +7.1% NFLT Virtus Newfleet Multi-Sector 181 $4K Add +1.1% SD Sandridge Energy Inc. 260 $4K No change SPTL SS SPDR PF LNG TRM TSY E-Usd 136 $4K Reduce -4.9% SPSB SS SPDR P St C Corp. ETF 61 $2K Reduce -7.6% VEMY Vir S/H Emrg MKT HY BND ETF 62 $2K Add +19.2% JPMB JPMorgan Usd Emerging Market 19 $767 No change SPTS SS SPDR P St Term TSY ETF 13 $381 Reduce -72.9% EMLC Vaneck JPM Em Local Curr BND 10 $258 Reduce -50.0%
Other holdings (2): bonds, preferreds, convertibles and warrants · $13.7M (not counted above) Total filed on the 13F, all lines: $132.3M.
Portfolio Sells Q3 2025 → Q4 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▲ SEIX Virtus Seix Senior Loan ETF Reduce -14.3% 15.07% −2.39 SPTS SS SPDR P St Term TSY ETF Reduce -72.9% 0.00% −0.00 SPTL SS SPDR PF LNG TRM TSY E-Usd Reduce -4.9% 0.00% −0.00 EMLC Vaneck JPM Em Local Curr BND Reduce -50.0% 0.00% −0.00 VGIT Vanguard Intermediate-Term T Sold out 0.00% −0.00 SPSB SS SPDR P St C Corp. ETF Reduce -7.6% 0.00% −0.00 VABS Virtus Nwflt Secr Inc. ETF-Ui Reduce -0.7% 54.83% +0.41
Portfolio Buys Q3 2025 → Q4 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▼ BKLN Invesco Senior Loan ETF Add +205.6% 1.26% +0.86 VSHY Virtus Nwflt SHRT Dur Hi YLD Add +0.0% 20.85% +0.20 HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +4.2% 1.73% +0.09 JNK SS SPDR BB High Yield Bond Add +4.4% 1.65% +0.08 SJNK SS SPDR BB St Hi Yield ETF Add +9.0% 0.84% +0.07 SPBO SS SPDR P Corp. Bond ETF Add +9.1% 0.01% +0.00 SPMB SS SPDR P Mort Back Bond ETF Add +7.1% 0.00% +0.00 VEMY Vir S/H Emrg MKT HY BND ETF Add +19.2% 0.00% +0.00 NFLT Virtus Newfleet Multi-Sector Add +1.1% 0.00% +0.00
Notes & Other Activity Q3 2025 → Q4 2025 Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 19 $139.4M VABS, VSHY, SEIX, JNK, HYG Q1 2026 17 $106.7M VABS, VSHY, SEIX, JNK, PCLO Q4 2025 21 $118.6M VABS, VSHY, SEIX, SMC, HYG Q3 2025 22 $120.7M VABS, VSHY, SEIX, SMC, HYG Q2 2025 25 $99.1M VABS, SEIX, VSHY, SMC, BKLN