Virtus Convertible R6 (VAADX)

Fund Assets	1.60B
Expense Ratio	0.62%
Min. Investment	$2,500,000
Turnover	159.00%
Dividend (ttm)	0.60
Dividend Yield	1.39%
Dividend Growth	-37.11%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 18, 2026

Previous Close	43.25
YTD Return	12.74%
1-Year Return	20.22%
5-Year Return	n/a
52-Week Low	38.29
52-Week High	46.89
Beta (5Y)	n/a
Holdings	104
Inception Date	Jan 31, 2022

About VAADX

Virtus Convertible Fund Class R6 is a mutual fund that specializes in convertible securities, aiming to deliver a balance between capital appreciation and current income. The fund primarily invests at least 65% of its assets in income-producing equity securities such as common stocks, preferred stocks, and debt instruments convertible into common stock. Its core strategy targets U.S. dollar-denominated convertibles, seeking to capture the growth potential of equities while mitigating downside risk through the bond component of these securities. Notably, the fund employs a disciplined, bottom-up research process to identify issuers with strong fundamentals and promising operating outlooks. With sector allocations spanning technology, financials, consumer discretionary, industrials, and healthcare, the fund offers diversified exposure to major areas of the economy. Class R6 shares are designed for institutional investors and feature a low net expense ratio of 0.62% and a high minimum investment requirement of $2.5 million. The fund distributes dividends quarterly and is assessed as having above-average risk and performance within its convertibles category. Virtus Convertible Fund Class R6 plays a significant role in providing investors with access to the hybrid characteristics of convertible securities—potential for equity-like returns with reduced volatility compared to stocks.

• Fund Family: Virtus
• Category: Convertibles
• Performance Rating: High
• 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 20.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.37%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ANNPX	Institutional Class	0.71%
ANZAX	Class A	0.96%
ANZCX	Class C	1.73%

Top 10 Holdings

27.48% of assets

Name	Symbol	Weight
Lumentum Holdings Inc. - LITE 0.375 03/15/32	LITE.0.375 03.15.32	5.64%
Western Digital Corp. - WDC 3 11/15/28	WDC.3 11.15.28	3.56%
Wells Fargo & Company	WFC	2.73%
BlackRock Liquidity FedFund Instl	TFDXX	2.71%
Welltower OP LLC - WELL 3.125 07/15/29	WELL.3.125 07.15.29	2.50%
NextEra Energy Capital Holdings Inc - NEE 3 03/01/27	NEE.3 03.01.27	2.32%
Live Nation Entertainment, Inc. - LYV 2.875 01/15/30	LYV.2.875 01.15.30	2.26%
Akamai Technologies, Inc. - AKAM 0.375 09/01/27	AKAM.0.375 09.01.27	2.00%
The Boeing Company	BA	1.89%
Cloudflare Inc - NET 0 08/15/26	NET.0 08.15.26	1.86%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 18, 2026	$0.10475	Jun 18, 2026
Mar 19, 2026	$0.13948	Mar 19, 2026
Dec 18, 2025	$3.91513	Dec 18, 2025
Sep 18, 2025	$0.13285	Sep 18, 2025
Jun 18, 2025	$0.212	Jun 18, 2025
Mar 20, 2025	$0.19375	Mar 20, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 11, 2026

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