Virtus Convertible Fund Institutional Class (ANNPX)
| Fund Assets | 1.71B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000,000 |
| Turnover | 159.00% |
| Dividend (ttm) | 4.25 |
| Dividend Yield | 9.67% |
| Dividend Growth | 379.29% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2026 |
| Previous Close | 44.43 |
| YTD Return | 14.05% |
| 1-Year Return | 27.01% |
| 5-Year Return | 41.80% |
| 52-Week Low | 37.79 |
| 52-Week High | 47.05 |
| Beta (5Y) | 0.78 |
| Holdings | 104 |
| 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.
Performance
ANNPX had a total return of 27.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.91%.
Top 10 Holdings
25.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser B | GOOGL.6.25 05.15.29 B | 4.52% |
| Us Dollar | n/a | 3.10% |
| Seagate HDD Cayman 3.5% | STX.3.5 06.01.28 | 2.61% |
| Western Digital Corp. 3% | WDC.3 11.15.28 | 2.54% |
| Live Nation Entertainment, Inc. 2.875% | LYV.2.875 01.15.30 | 2.36% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 2.29% |
| Welltower OP LLC 3.125% | WELL.3.125 07.15.29 | 2.24% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.09% |
| NextEra Energy Capital Holdings Inc 3% | NEE.3 03.01.27 | 1.99% |
| Bloom Energy Corporation | BE.0 11.15.30 | 1.64% |
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 |