Virtus AllianzGI Convertible's strong leadership and effective process have contributed to top-tier results over the long term. The strategy's cheapest share class earns a Morningstar Analyst Rating of Gold, while its more expensive share classes warrant Silver, Bronze, and Neutral ratings.
Virtus AllianzGI Convertible Admin ANNAX
NAV / 1-Day Return
45.15
/
0.11
%
Total Assets
3.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.930%
Expense Ratio
0.930%
Fee Level
Above Average
Longest Manager Tenure
26.28
years
Category
Convertibles
Investment Style
—Min. Initial Investment
1,000,000
Status
Open
TTM Yield
0.81%
Turnover
145%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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.
Among the best in the space.
