VSLAX vs. SAMBX

Last updated Jun 23, 2026

VSLAX (Invesco Senior Loan Fund Class A) and SAMBX (Virtus Seix Floating Rate High Income Fund) are both Bank Loan funds. Over the past 10 years, VSLAX returned 4.63%/yr vs 4.71%/yr for SAMBX. A 0.59 correlation means they provide meaningful diversification when combined. VSLAX charges 1.70%/yr vs 0.64%/yr for SAMBX.

Performance

VSLAX vs. SAMBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Senior Loan Fund Class A (VSLAX) and Virtus Seix Floating Rate High Income Fund (SAMBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VSLAX achieves a -1.21% return, which is significantly lower than SAMBX's 2.55% return. Both investments have delivered pretty close results over the past 10 years, with VSLAX having a 4.63% annualized return and SAMBX not far ahead at 4.71%.

VSLAX

• 1D: 0.00%
• 1M: 0.44%
• YTD: -1.21%
• 6M: -0.57%
• 1Y: 1.10%
• 3Y*: 4.89%
• 5Y*: 3.80%
• 10Y*: 4.63%

SAMBX

• 1D: 0.00%
• 1M: 0.46%
• YTD: 2.55%
• 6M: 3.69%
• 1Y: 7.30%
• 3Y*: 7.29%
• 5Y*: 5.52%
• 10Y*: 4.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VSLAX vs. SAMBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VSLAX Invesco Senior Loan Fund Class A	-1.21%	4.45%	5.90%	10.63%	-3.01%	8.20%	1.04%	7.45%	-0.35%	5.37%
SAMBX Virtus Seix Floating Rate High Income Fund	2.55%	5.88%	7.03%	11.21%	-0.86%	4.86%	0.41%	6.66%	0.24%	3.89%

Correlation

The correlation between VSLAX and SAMBX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007	0.59

The correlation between VSLAX and SAMBX shifts across timeframes, from 0.39 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VSLAX vs. SAMBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VSLAX

VSLAX Risk / Return Rank: 6
VSLAX Sharpe Ratio Rank: 6
VSLAX Sortino Ratio Rank: 7
VSLAX Omega Ratio Rank: 8
VSLAX Calmar Ratio Rank: 5
VSLAX Martin Ratio Rank: 4

SAMBX

SAMBX Risk / Return Rank: 97
SAMBX Sharpe Ratio Rank: 94
SAMBX Sortino Ratio Rank: 99
SAMBX Omega Ratio Rank: 98
SAMBX Calmar Ratio Rank: 98
SAMBX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VSLAX vs. SAMBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Loan Fund Class A (VSLAX) and Virtus Seix Floating Rate High Income Fund (SAMBX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VSLAX	SAMBX	Difference
Sharpe ratio: Return per unit of total volatility	0.39	2.99	-2.60
Sortino ratio: Return per unit of downside risk	0.80	7.57	-6.77
Omega ratio: Gain probability vs. loss probability	1.11	2.15	-1.04
Calmar ratio: Return relative to maximum drawdown	0.36	9.38	-9.02
Martin ratio: Return relative to average drawdown	0.74	29.39	-28.66

VSLAX vs. SAMBX - Sharpe Ratio Comparison

The current VSLAX Sharpe Ratio is 0.39, which is lower than the SAMBX Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of VSLAX and SAMBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VSLAX vs. SAMBX - Drawdown Comparison

The maximum VSLAX drawdown since its inception was -48.81%, which is greater than SAMBX's maximum drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for VSLAX and SAMBX.

Drawdown Indicators

	VSLAX	SAMBX	Difference
Max Drawdown Largest peak-to-trough decline	-48.81%	-24.74%	-24.07%
Max Drawdown (1Y) Largest decline over 1 year	-3.41%	-0.78%	-2.63%
Max Drawdown (3Y) Largest decline over 3 years	-3.86%	-2.95%	-0.91%
Max Drawdown (5Y) Largest decline over 5 years	-8.54%	-5.66%	-2.88%
Max Drawdown (10Y) Largest decline over 10 years	-23.54%	-20.91%	-2.63%
Current Drawdown Current decline from peak	-2.13%	-0.13%	-2.00%
Average Drawdown Average peak-to-trough decline	-4.13%	-1.58%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	0.25%	+1.33%

Volatility

VSLAX vs. SAMBX - Volatility Comparison

Invesco Senior Loan Fund Class A (VSLAX) has a higher volatility of 0.89% compared to Virtus Seix Floating Rate High Income Fund (SAMBX) at 0.69%. This indicates that VSLAX's price experiences larger fluctuations and is considered to be riskier than SAMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VSLAX	SAMBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.89%	0.69%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	2.08%	1.79%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	3.14%	2.45%	+0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.12%	2.96%	+1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.75%	3.94%	+0.81%

VSLAX vs. SAMBX - Expense Ratio Comparison

VSLAX has a 1.70% expense ratio, which is higher than SAMBX's 0.64% expense ratio.

Dividends

VSLAX vs. SAMBX - Dividend Comparison

VSLAX's dividend yield for the trailing twelve months is around 5.19%, less than SAMBX's 7.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAMBX Virtus Seix Floating Rate High Income Fund	7.43%	7.78%	8.21%	8.21%	5.34%	3.03%	4.03%	5.28%	5.15%	4.28%	4.79%	4.91%
VSLAX Invesco Senior Loan Fund Class A	5.19%	6.67%	7.68%	8.67%	8.75%	4.75%	4.22%	4.70%	4.93%	4.16%	5.17%	6.16%

Frequently Asked Questions

Can I hold both VSLAX and SAMBX in my portfolio?

VSLAX and SAMBX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VSLAX or SAMBX?

VSLAX has higher volatility (0.89%) compared to SAMBX (0.69%). In terms of maximum drawdown, VSLAX dropped -48.81% vs SAMBX's -24.74%.

Which has better risk-adjusted returns?

SAMBX currently has the higher Sharpe Ratio (2.99 vs 0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.