NYSE | FUND
Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC.
The fund is co-managed by Allianz Global InvestorsU. S.
LLC.
It invests in fixed income markets of the United States.
The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.
It invests in securities with a broad range of maturities, with a weighted average maturity ranging between five to ten years.
The fund employs fundamental analysis with a bottom up stock picking approach to create its portfolio.
It conducts in house research using proprietary models.
The fund was formerly known as AGIC Convertible & Income Fund.
Virtus Convertible & Income Fund was formed on March 31, 2003 and is domiciled in the United States.
Top 20 Holdings
| Name | Weight |
|---|---|
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 5.27% |
| Broadcom Inc 8% | 4.12% |
| Bank of America Corporation 7.25% | 3.73% |
| NextEra Energy Inc Unit (Corporate Unit 09/01/2023) | 3.06% |
| Danaher Corp 5% PRF PERPETUAL USD 1000 - Ser B | 2.51% |
| Bill Com Holdings Inc | 2.34% |
| Euronet Worldwide, Inc. 0.75% | 2.27% |
| Pioneer Natural Resources Company 0.25% | 2.18% |
| Avantor Inc | 2.02% |
| Expedia Group Inc | 1.93% |
| Boston Scientific Corp PRF PERPETUAL USD 100 - Ser A | 1.92% |
| Oak Street Health Inc | 1.87% |
| Unity Software Inc | 1.83% |
| Splunk Inc 1.125% | 1.82% |
| The Beauty Health Company 1.25% | 1.79% |
| Palo Alto Networks Inc 0.375% | 1.77% |
| Block Inc | 1.76% |
| Coupa Software Incorporated 0.375% | 1.74% |
| Jazz Investments I LTD 2% | 1.74% |
| BofA Finance LLC 0.6% | 1.71% |