About ANZCX
Virtus Convertible Fund Class C is a mutual fund that specializes in convertible securities, offering investors a blend of equity upside and the stability typically associated with fixed income instruments. Managed under the Virtus Strategy Trust, the fund primarily targets U.S. dollar-denominated convertible bonds and equity-linked securities that provide opportunities for both capital appreciation and current income. Its strategy emphasizes investing at least 65% of total assets in income-generating equity securities, including common and preferred stocks, as well as convertible debt instruments. With a diversified holding approach, the fund’s portfolio spans sectors such as technology, financials, healthcare, consumer discretionary, and utilities, providing broad industry exposure. Notable holdings include names like Wells Fargo, Boeing, and Welltower, reflecting a mix of established corporations and innovative enterprises. This structure allows the Virtus Convertible Fund Class C to serve as a versatile investment vehicle for those seeking a balance between growth and risk mitigation in volatile market environments.
Fund Family Virtus
Category Convertibles
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol ANZCX
Share Class Class C
Index ICE BofA All Convertibles/Qlt TR
ANZCX had a total return of 4.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.86%.
