About AZNIX
The Virtus Income & Growth Fund Institutional Class is a multi-asset mutual fund designed to achieve a total return through a blend of current income, current gains, and capital appreciation. Targeting a moderate allocation, this fund invests primarily in large-cap equities, convertible securities, and high yield bonds, offering a diversified approach that aims to provide consistent monthly income with the potential for capital growth and lower volatility compared to an equity-only portfolio. Its strategy incorporates an opportunistic covered-call component to further enhance income generation. The fund’s holdings span major sectors, with top allocations typically in technology, consumer, healthcare, and financials, featuring prominent companies such as NVIDIA, Microsoft, Apple, and Amazon. Managed by an experienced team, the fund emphasizes disciplined risk management and adaptability to market conditions. The institutional share class is tailored to larger investors, requiring a significant minimum investment and delivering a monthly distribution. As a solution for income-focused portfolios, the Virtus Income & Growth Fund Institutional Class plays a significant role in offering diversified yield and total return within the mutual fund landscape.
Fund Family Virtus
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol AZNIX
Share Class Institutional Class
Index S&P 500 TR
AZNIX had a total return of 6.09% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.02%.
