Virtus Convertible’s veteran team and adaptable approach keep its competitive edge despite organizational changes; its cheapest shares earn a Morningstar Medalist Rating of Silver, while its pricier ones are rated Bronze and Neutral.
Virtus Convertible P ANCMX
- NAV / 1-Day Return 30.97 / −0.03 %
- Total Assets 1.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.710%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Convertibles
- Investment Style —
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 2.62%
- Turnover 136%
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:14 PM GMT+0
Morningstar’s Analysis ANCMX
Will ANCMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 21.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 3.28 | 44.5 Mil | Financial Services |
Block Inc 0.125% | 2.25 | 30.5 Mil | Corporate |
Southern Co. 3.875% | 2.24 | 30.5 Mil | Corporate |
Uber Technologies Inc | 2.22 | 30.1 Mil | Corporate |
Welltower OP LLC 2.75% | 2.11 | 28.7 Mil | Corporate |
Affirm Holdings Inc | 1.93 | 26.2 Mil | Corporate |
PG&E Corporation 4.25% | 1.88 | 25.5 Mil | Corporate |
Microstrategy Incorporated | 1.87 | 25.4 Mil | Corporate |
Global Payments Inc 1.5% | 1.81 | 24.6 Mil | Corporate |
Royal Caribbean Group 6% | 1.73 | 23.5 Mil | Corporate |