Virtus Convertible Fund Class C (ANZCX)
| Fund Assets | 1.28B |
| Expense Ratio | 1.73% |
| Min. Investment | $2,500 |
| Turnover | 152.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 1.26% |
| Dividend Growth | -5.60% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 39.12 |
| YTD Return | 6.64% |
| 1-Year Return | 14.26% |
| 5-Year Return | 46.24% |
| 52-Week Low | 33.17 |
| 52-Week High | 39.36 |
| Beta (5Y) | n/a |
| Holdings | 111 |
| Inception Date | Apr 12, 2010 |
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.
Performance
ANZCX had a total return of 14.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.37%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Secs Z | 0.60% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.24% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.76% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.72% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.99% |
Top 10 Holdings
23.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 3.33% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 2.82% |
| Welltower OP LLC 3.125% | WELL.3.125 07.15.29 | 2.77% |
| Live Nation Entertainment, Inc. 2.875% | LYV.2.875 01.15.30 | 2.42% |
| Snowflake Inc | SNOW.0 10.01.29 | 2.11% |
| Lumentum Holdings Inc. 0.5% | LITE.0.5 12.15.26 | 2.02% |
| MicroStrategy Incorporated | MSTR.0 12.01.29 | 2.00% |
| Seagate HDD Cayman 3.5% | STX.3.5 06.01.28 | 1.98% |
| Us Dollar | n/a | 1.85% |
| Uber Technologies Inc | UBER.0 12.15.25 | 1.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2025 | $0.09434 | Jun 18, 2025 |
| Mar 20, 2025 | $0.06052 | Mar 20, 2025 |
| Dec 19, 2024 | $0.26677 | Dec 19, 2024 |
| Sep 19, 2024 | $0.07154 | Sep 19, 2024 |
| Jun 20, 2024 | $0.06367 | Jun 20, 2024 |
| Mar 21, 2024 | $0.03185 | Mar 21, 2024 |