Virtus Convertible Inst (ANNPX)

Fund Assets	1.60B
Expense Ratio	0.71%
Min. Investment	$1,000,000
Turnover	159.00%
Dividend (ttm)	0.56
Dividend Yield	1.28%
Dividend Growth	-37.08%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 18, 2026

Previous Close	43.49
YTD Return	12.68%
1-Year Return	20.64%
5-Year Return	37.61%
52-Week Low	38.42
52-Week High	47.05
Beta (5Y)	0.78
Holdings	99
Inception Date	Apr 19, 1993

About ANNPX

Virtus Convertible Fund Institutional Class is a mutual fund focused on investing in U.S. dollar-denominated convertible securities. As a convertible bond fund, its primary objective is to combine the growth potential of equities with the lower volatility typical of fixed income assets. The fund seeks to provide investors with opportunities for capital appreciation while aiming to limit downside risk by utilizing the unique features of convertibles, which can be exchanged into equity shares under specified conditions. The portfolio is diversified across major sectors, with significant allocations to technology, financials, healthcare, consumer discretionary, and utilities industries. Its holdings include a blend of corporate convertible bonds and preferred stocks from leading U.S. companies, reflecting its intent to capture upside from equity markets while maintaining a defensive posture typical of bond investments. Launched in 1993, the fund has established a long performance track record and manages over $1 billion in assets. With an institutional share class, it offers a competitive net expense ratio and has been recognized for delivering consistent results versus its convertible fund peers, making it a key player in the convertible securities space.

• Fund Family: Virtus
• Category: Convertibles
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ANNPX
• Share Class: Institutional Class
• Index: ICE BofA All Convertibles/Qlt TR

Performance

ANNPX had a total return of 20.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.84%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
VAADX	Class R6	0.62%
ANZAX	Class A	0.96%
ANZCX	Class C	1.73%

Top 10 Holdings

28.84% of assets

Name	Symbol	Weight
Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser B	GOOGL.6.25 05.15.29 B	5.41%
BlackRock Liquidity FedFund Instl	TFDXX	4.30%
Us Dollar	n/a	3.24%
Live Nation Entertainment, Inc. 2.875%	LYV.2.875 01.15.30	2.56%
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-	WFC.7.5 PERP L	2.49%
Welltower OP LLC 3.125%	WELL.3.125 07.15.29	2.45%
Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A	BA.6 10.15.27	2.20%
NextEra Energy Capital Holdings Inc 3%	NEE.3 03.01.27	2.09%
Western Digital Corp. 3%	WDC.3 11.15.28	2.06%
Snowflake Inc	SNOW.0 10.01.27	2.05%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 18, 2026	$0.09509	Jun 18, 2026
Mar 19, 2026	$0.12161	Mar 19, 2026
Dec 18, 2025	$3.90627	Dec 18, 2025
Sep 18, 2025	$0.12377	Sep 18, 2025
Jun 18, 2025	$0.19303	Jun 18, 2025
Mar 20, 2025	$0.15709	Mar 20, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 10, 2026

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