About AZNAX
Virtus Income & Growth Fund Class A is a moderate allocation mutual fund designed to deliver a total return through a combination of current income, current gains, and capital appreciation. The fund employs a US-focused, multi-asset investment approach, distributing its portfolio across large-cap stocks, convertible securities, and high yield bonds. This three-sleeve strategy seeks to strike a balance between growth and income potential while dampening volatility compared to equity-only portfolios. Notable holdings include leading technology companies (such as NVIDIA, Microsoft, Amazon.com, Apple, and Meta Platforms), as well as financials and healthcare firms, reflecting broad exposure to sectors driving the US economy. Monthly distributions and an above-average yield are core features, supporting its role as a steady income resource for investors. The fund's flexible allocation allows managers to adjust exposures based on prevailing market conditions, aiming to optimize risk and reward across its asset classes. Since its inception in 2007, Virtus Income & Growth Fund Class A has maintained a sizable asset base and continues to play a significant part in the moderate allocation category, offering diversification and total return opportunities to investors.
Fund Family Virtus
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol AZNAX
Share Class Class A
Index S&P 500 TR
AZNAX had a total return of 5.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.00%.
