Virtus Convertible & Income 2024 Target Term Fund (CBH)
8.864
-0.04
(-0.40%)
USD |
NYSE |
Apr 24, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 3.53% | -2.91% | 166.75M | 69970.00 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.11% | 48.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund’s investment objectives are to provide a high level of income and to return at least $9.835 per common share (the original net asset value per common share of beneficial interest (“Common Shares”) before deducting offering costs of $0.02 per share) (the “Original NAV”) to holders of Common Shares (the “Common Shareholders”) on or about September 1, 2024 (the “Termination Date”). |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Convertibles |
| Category Name | Convertibles |
| Category Index | ICE BofA US Convt Bonds TR USD |
| Global Category Name | Convertibles |
| YCharts Categorization | Convertibles |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Convertible Bond |
| Fund Owner Firm Name | Virtus Investment Advisers, Inc. |
| Prospectus Benchmark Index | |
| Credit Suisse Leveraged Loan USD | 15.00% |
| ICE BofA BB-B US HY TR USD | 45.00% |
| ICE BofA Convertibles TR USD | 40.00% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| David Oberto | 6.76 yrs |
| Justin Kass | 6.76 yrs |
| William (Brit) Stickney | 6.76 yrs |
| Ethan Turner | 1.18 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
| Investment Strategy | |
| The Fund’s investment objectives are to provide a high level of income and to return at least $9.835 per common share (the original net asset value per common share of beneficial interest (“Common Shares”) before deducting offering costs of $0.02 per share) (the “Original NAV”) to holders of Common Shares (the “Common Shareholders”) on or about September 1, 2024 (the “Termination Date”). |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Convertibles |
| Category Name | Convertibles |
| Category Index | ICE BofA US Convt Bonds TR USD |
| Global Category Name | Convertibles |
| YCharts Categorization | Convertibles |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Convertible Bond |
| Fund Owner Firm Name | Virtus Investment Advisers, Inc. |
| Prospectus Benchmark Index | |
| Credit Suisse Leveraged Loan USD | 15.00% |
| ICE BofA BB-B US HY TR USD | 45.00% |
| ICE BofA Convertibles TR USD | 40.00% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| David Oberto | 6.76 yrs |
| Justin Kass | 6.76 yrs |
| William (Brit) Stickney | 6.76 yrs |
| Ethan Turner | 1.18 yrs |