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Morningstar

Virtus Convertible Inst ANNPX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 31.08  /  −0.26 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    0.710%
  • 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 2.56%
  • Turnover 136%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis ANNPX

Will ANNPX 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 ANNPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ANNPX 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 ANNPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A competitive choice.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

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.

by Chiayi Tsui
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ANNPX

More ANNPX Holdings
  • 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