Virtus Convertible Fund (VAADX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
37.45
+0.26 (0.70%)
Dec 4, 2024, 4:00 PM EST
21.55% (1Y)
| Fund Assets | 1.29B |
| Expense Ratio | 0.62% |
| Min. Investment | $2,500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.94 |
| Dividend Yield | 2.52% |
| Dividend Growth | 38.17% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 19, 2024 |
| Previous Close | 37.19 |
| YTD Return | 20.11% |
| 1-Year Return | 25.13% |
| 5-Year Return | n/a |
| 52-Week Low | 30.65 |
| 52-Week High | 37.45 |
| Beta (5Y) | n/a |
| Holdings | 113 |
| Inception Date | Jan 31, 2022 |
About VAADX
The fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in convertible securities. Convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be converted into (exchanged for) equity securities or other securities (such as warrants or options) that provide an opportunity for equity participation.
Fund Family Virtus
Category Convertibles
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol VAADX
Index Bloomberg U.S. Aggregate Bond TR
Performance
VAADX had a total return of 25.13% in the past year. Since the fund's inception, the average annual return has been 5.05%, including dividends.
Top 10 Holdings
19.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Wells Fargo & Company | WFC | 3.01% |
| Welltower OP LLC | WELL 2.75 05.15.28 | 2.10% |
| PG&E Corp | PCG 4.25 12.01.27 | 1.99% |
| Royal Caribbean Cruises Ltd | RCL 6 08.15.25 | 1.96% |
| Affirm Holdings Inc | AFRM 0 11.15.26 | 1.90% |
| Southern Co/The | SO 3.875 12.15.25 | 1.87% |
| Coinbase Global Inc | COIN 0.5 06.01.26 | 1.86% |
| Uber Technologies Inc | UBER 0 12.15.25 | 1.81% |
| Palo Alto Networks Inc | PANW 0.375 06.01.25 | 1.78% |
| Western Digital Corp | WDC 3 11.15.28 | 1.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 22, 2023 | $0.12141 | Jun 22, 2023 |