ANZAX – Virtus Convertible A Investment Strategy | Morningstar

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Strategy

The investment seeks maximum total return, consisting of capital appreciation and current income. 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ANNPX	Virtus Convertible Fund Institutional Class	Institutional	Open			Apr 19, 1993	$1.32B	0.710%	Below Average	$1M	$21.67M
ANZAX	Virtus Convertible Fund Class A	Front Load	Open			Apr 12, 2010	$192.85M	0.960%	Low	$2,500	$4.14M
ANZCX	Virtus Convertible Fund Class C	Level Load	Closed			Apr 12, 2010	$57.21M	1.730%	Below Average	$2,500	−$12.69M
VAADX	Virtus Convertible Fund Class R6	Retirement, Large	Open			Jan 31, 2022	$19.17M	0.620%	Average	$0	$4.91M

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