Virtus ETF Trust II - Virtus Seix Senior Loan ETF (NYSE Arca:SLI) focuses on investing primarily in senior loans to companies operating across various industries. These senior loans are generally floating rate, meaning their interest rates adjust in line with market rates, which can provide investors with potential protection against rising interest rates. The ETF aims to provide a high level of current income by carefully selecting and managing a diversified portfolio. By targeting senior secured loans, the fund seeks to maintain a position higher up in the borrower's capital structure, potentially offering a degree of credit protection. The fund's objective is to offer investors access to an asset class that can play a crucial role in diversifying income sources while managing risk exposure to fluctuations in interest rates.