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.
- NAV / 1-Day Return 30.58 / 0.33 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.940%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Convertibles
- Investment Style Mid Growth
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 1.35%
- Turnover 121%
Morningstar’s Analysis ANNAX
Will ANNAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date Apr 30, 2023
- Equity Holdings 3
- Bond Holdings 3
- Other Holdings 117
- % Assets in Top 10 Holdings 17.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
BlackRock Liquidity FedFund Instl
4.84
73,058,002
Cash and Equivalents
DexCom Inc 0.25%
2.93
44,178,372
Corporate
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-
2.57
38,737,715
Financial Services
Zillow Group Inc 2.75%
1.93
29,064,525
Corporate
GS Finance Corp 0.5%
1.54
23,287,689
Corporate
Liberty Broadband Corporation 3.125%
1.54
23,203,180
Corporate
Southern Co. 3.875%
1.51
22,794,660
Corporate
Conmed Corporation 2.25%
1.47
22,122,082
Corporate
Axon Enterprise Inc 0.5%
1.45
21,948,750
Corporate
Palo Alto Networks Inc 0.375%
1.40
21,111,210
Corporate