Virtus Convertible Fund (VAADX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
36.53
+0.01 (0.03%)
Feb 14, 2025, 4:00 PM EST
13.66% (1Y)
| Fund Assets | n/a |
| Expense Ratio | 0.62% |
| Min. Investment | $2,500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 2.46% |
| Dividend Growth | -3.43% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 36.52 |
| YTD Return | 3.66% |
| 1-Year Return | 16.50% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 120 |
| Inception Date | Jan 31, 2022 |
About VAADX
VAADX was founded on 2022-01-31. The Fund's investment strategy focuses on Convertible Secs with 0.62% total expense ratio. The minimum amount to invest in Virtus Convertible Fund Class R6 is $2,500,000 on a standard taxable account. Virtus Convertible Fund Class R6 seeks maximum total return, consisting of capital appreciation and current income by investing at least 65% of its total assets in income producing equity securities. Equity securities include common stocks, preferred stocks, and securities (including debt securities) that are convertible into common-stock.
Category Convertibles
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol VAADX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
Performance
VAADX had a total return of 16.50% in the past year. Since the fund's inception, the average annual return has been 4.13%, including dividends.
Top 10 Holdings
19.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Wells Fargo & Company | WFC | 2.92% |
| The Boeing Company | BA | 2.50% |
| PG&E Corp | PCG 4.25 12.01.27 | 2.39% |
| Live Nation Entertainment Inc | LYV 2.875 01.15.30 | 2.14% |
| Welltower OP LLC | WELL 3.125 07.15.29 | 1.79% |
| Lumentum Holdings Inc | LITE 0.5 12.15.26 | 1.73% |
| Southern Co/The | SO 3.875 12.15.25 | 1.69% |
| MicroStrategy Inc | n/a | 1.67% |
| BlackRock Liquidity Funds - FedFund | TFDXX | 1.58% |
| Uber Technologies Inc | UBER 0 12.15.25 | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.3782 | Dec 19, 2024 |
| Sep 19, 2024 | $0.17484 | Sep 19, 2024 |
| Jun 20, 2024 | $0.16152 | Jun 20, 2024 |
| Mar 21, 2024 | $0.12592 | Mar 21, 2024 |
| Dec 21, 2023 | $0.47404 | Dec 21, 2023 |
| Sep 21, 2023 | $0.15128 | Sep 21, 2023 |