NYSE | FUND
Virtus Convertible & Income 2024 Target Term Fund is a closed ended balanced mutual fund launched and managed by Allianz Global InvestorsU. S.
LLC.
The fund invests in the public equity and fixed incomes markets of the United States.
It invests in stocks of companies operating across diversified sectors.
For its fixed income, the fund invests in income producing debt instruments and Senior Secured Loans.
For its equity, it invests in convertible securities.
The fund primarily invests in fixed income securities with a primary focus on below "BBB-" rated securities.
It employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio.
Virtus Convertible & Income 2024 Target Term Fund was formed on June 30, 2017 and is domiciled in United States.
Top 20 Holdings
| Name | Weight |
|---|---|
| NIO Inc. | 5.78% |
| I3 Verticals LLC 1% | 4.89% |
| Liberty Broadband Corporation 2.75% | 4.30% |
| Ionis Pharmaceuticals, Inc. 0.125% | 4.14% |
| DISH Network Corporation 2.375% | 4.03% |
| Alteryx Inc 0.5% | 3.69% |
| Pinduoduo Inc | 3.65% |
| Insmed Inc 1.75% | 3.01% |
| Blackstone Mortgage Trust, Inc 4.75% | 2.95% |
| Ligand Pharmaceuticals Incorporated 0.75% | 2.83% |
| Redwood Trust, Inc. 5.625% | 2.78% |
| Occidental Petroleum Corporation 6.95% | 2.50% |
| Netflix, Inc. 5.875% | 2.47% |
| CSC Holdings, LLC 5.25% | 2.33% |
| NuVasive Inc. 1% | 2.32% |
| Six Flags Entertainment Corp. 4.875% | 2.32% |
| Delta Air Lines Inc 2.9% | 2.29% |
| Service Properties Trust 4.35% | 2.25% |
| Jazz Investments I LTD 1.5% | 2.23% |
| Tenet Healthcare Corporation 4.625% | 2.19% |