On July 21, 2022, Virtus confirmed that the team running Virtus Convertible ANNPX will remain intact. This strategy recently transitioned from Allianz Global Investors to Voya Investment Management, and managers Justin Kass, Michael Yee, and David Oberto will continue to oversee the strategy at their new firm without altering their process. The strategy's Morningstar Analyst Rating remains Silver for its cheapest shares, Bronze for the pricier shares, and Neutral for the most expensive shares.
Virtus Convertible Admin ANNAX
NAV / 1-Day Return
32.81
/
1.11
%
Total Assets
1.8 Bil
Adj. Expense Ratio
0.930%
Expense Ratio
0.930%
Fee Level
Above Average
Longest Manager Tenure
18.62
years
Category
Convertibles
Investment Style
—Min. Initial Investment
1,000,000
Status
Open
TTM Yield
0.52%
Turnover
130%
Morningstar’s Fund Analysis ANNAX
Will ANNAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ANNAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ANNAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ANNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Virtus Convertible's Management Team Stays; Ratings Maintained
