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Trending ETFs

Name

As of 05/21/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$45.73

$3.02 B

0.16%

$0.08

1.15%

Vitals

YTD Return

-1.0%

1 yr return

63.8%

3 Yr Avg Return

26.1%

5 Yr Avg Return

20.8%

Net Assets

$3.02 B

Holdings in Top 10

14.8%

52 WEEK LOW AND HIGH

$45.7
$33.55
$51.82

Expenses

OPERATING FEES

Expense Ratio 1.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 145.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$45.73

$3.02 B

0.16%

$0.08

1.15%

ANZRX - Profile

Distributions

  • YTD Total Return -1.0%
  • 3 Yr Annualized Total Return 26.1%
  • 5 Yr Annualized Total Return 20.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.63%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Virtus AllianzGI Convertible Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Apr 12, 2010
  • Shares Outstanding
    28165
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Forsyth

Fund Description


ANZRX - Performance

Return Ranking - Trailing

Period ANZRX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -2.5% 8.0% 95.29%
1 Yr 63.8% 27.1% 72.3% 22.09%
3 Yr 26.1%* 6.9% 26.7% 14.46%
5 Yr 20.8%* 7.7% 22.1% 20.73%
10 Yr 12.4%* 5.6% 13.1% 15.28%

* Annualized

Return Ranking - Calendar

Period ANZRX Return Category Return Low Category Return High Rank in Category (%)
2023 46.4% -4.1% 54.0% 4.94%
2022 20.7% 4.5% 24.4% 17.28%
2021 -12.5% -15.4% -2.5% 82.05%
2020 -3.1% -7.8% 15.4% 93.42%
2019 2.9% 0.4% 14.2% 64.86%

Total Return Ranking - Trailing

Period ANZRX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -2.5% 8.0% 95.29%
1 Yr 63.8% 23.0% 72.3% 18.60%
3 Yr 26.1%* 6.9% 26.7% 12.05%
5 Yr 20.8%* 7.5% 22.1% 19.51%
10 Yr 12.4%* 5.6% 13.1% 13.89%

* Annualized

Total Return Ranking - Calendar

Period ANZRX Return Category Return Low Category Return High Rank in Category (%)
2023 46.4% -4.1% 54.0% 4.94%
2022 20.7% 4.5% 24.4% 17.28%
2021 2.4% -15.4% 4.5% 8.97%
2020 14.5% 1.8% 18.4% 46.05%
2019 5.0% 0.4% 16.5% 72.97%

NAV & Total Return History


ANZRX - Holdings

Concentration Analysis

ANZRX Category Low Category High ANZRX % Rank
Net Assets 3.02 B 16.1 M 6.7 B 6.90%
Number of Holdings 148 42 367 24.14%
Net Assets in Top 10 447 M -17.5 M 1.06 B 14.94%
Weighting of Top 10 14.78% 9.4% 83.2% 75.86%

Top 10 Holdings

  1. Tesla Inc 2% 2.00%
  2. Tesla Inc 1.25% 1.96%
  3. Microchip Technology Incorporated 1.62% 1.92%
  4. Danaher Corp PRF CONVERT 15/04/2022 USD - Ser A 1.92%
  5. Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A 1.67%
  6. Splunk Inc 1.12% 1.63%
  7. Wayfair Inc 0.62% 1.55%
  8. Microchip Technology Incorporated 0.12% 1.49%
  9. Zillow Group Inc 2.75% 1.49%
  10. DexCom Inc 0.25% 1.47%

Asset Allocation

Weighting Return Low Return High ANZRX % Rank
Convertible Bonds
85.82% 3.48% 116.38% 28.74%
Preferred Stocks
8.83% 0.00% 18.99% 45.98%
Stocks
3.71% 0.00% 30.60% 59.77%
Cash
1.16% 0.00% 7.76% 54.02%
Other
0.47% -16.33% 7.56% 17.24%
Bonds
0.00% -27.01% 51.48% 64.37%

Stock Sector Breakdown

Weighting Return Low Return High ANZRX % Rank
Utilities
60.49% 0.00% 100.00% 51.90%
Industrials
39.51% 0.00% 100.00% 3.80%
Technology
0.00% 0.00% 23.89% 65.82%
Real Estate
0.00% 0.00% 22.98% 53.16%
Healthcare
0.00% 0.00% 33.24% 74.68%
Financial Services
0.00% 0.00% 96.48% 63.29%
Energy
0.00% 0.00% 13.34% 68.35%
Communication Services
0.00% 0.00% 15.03% 54.43%
Consumer Defense
0.00% 0.00% 7.14% 51.90%
Consumer Cyclical
0.00% 0.00% 100.00% 55.70%
Basic Materials
0.00% 0.00% 14.20% 54.43%

Stock Geographic Breakdown

Weighting Return Low Return High ANZRX % Rank
US
3.71% 0.00% 30.38% 59.77%
Non US
0.00% 0.00% 2.86% 59.77%

ANZRX - Expenses

Operational Fees

ANZRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.07% 3.98% 48.24%
Management Fee 0.57% 0.20% 1.33% 29.07%
12b-1 Fee 0.50% 0.00% 1.00% 66.04%
Administrative Fee N/A 0.04% 0.15% 92.00%

Sales Fees

ANZRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ANZRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ANZRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 145.00% 32.46% 242.00% 86.05%

ANZRX - Distributions

Dividend Yield Analysis

ANZRX Category Low Category High ANZRX % Rank
Dividend Yield 0.16% 0.00% 0.79% 55.17%

Dividend Distribution Analysis

ANZRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

ANZRX Category Low Category High ANZRX % Rank
Net Income Ratio 0.63% -14.00% 7.18% 70.59%

Capital Gain Distribution Analysis

ANZRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

ANZRX - Fund Manager Analysis

Managers

Douglas Forsyth


Start Date

Tenure

Tenure Rank

Dec 31, 1994

26.35

26.4%

Mr. Forsyth is a portfolio manager, a managing director and CIO US Income and Growth Strategies with Allianz Global Investors, which he joined in 1994. He is the head of the firm’s Income and Growth Strategies team. Mr. Forsyth has portfolio management, trading and research responsibilities, and oversees all aspects of the Income and Growth platform’s business, including product development and implementation. He has been the lead portfolio manager for the firm’s US High Yield Bond strategy since its inception in 1994 and assumed lead portfolio management responsibility for the firm’s US Convertible strategy in 1998. Mr. Forsyth has been managing CLO portfolios since 2006 and has been the lead portfolio manager on the Income and Growth strategy since its inception in 2007. In addition to management responsibility for institutional clients worldwide, Mr. Forsyth supervises multiple open-end and closed-end mutual funds and provides oversight for the US Short Duration High Income strategy. He was previously an analyst at AEGON USA. He has a B.B.A. from The University of Iowa. Mr. Forsyth is a CFA charterholder.

Justin Kass


Start Date

Tenure

Tenure Rank

Dec 31, 2003

17.34

17.3%

Mr. Kass is a portfolio manager and managing director with Allianz Global Investors, which he joined in 2000. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. In 2003, Mr. Kass was promoted to portfolio management and began handling day-to-day portfolio manager responsibilities for the firm’s US Convertible strategy in 2005. He is also a lead portfolio manager for the firm’s Income & Growth strategy since its inception in 2007. In addition to management responsibility for institutional clients, Mr. Kass is responsible for managing multiple closed-end and open-end mutual funds. Previous to joining the firm, Mr. Kass interned on the Income and Growth Strategies team, adding significant depth to its proprietary Upgrade Alert Model. He has 22 years of investment industry experience. Mr. Kass has a B.S. from the University of California, Davis, and an M.B.A. from the UCLA Anderson School of Management. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 35.88 9.86 6.33