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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.96% -12.37% 1.230B 250977.0
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
1.01% 63.00% -160.02M Upgrade

Basic Info

Investment Strategy
The Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of convertible securities, income-producing equity securities and income-producing debt and other instruments of varying maturities. For purposes of this policy, “income-producing equity securities” include, among other instruments, dividend-paying common and preferred stocks. The Fund will normally invest at least 50% of its managed assets in convertible securities.
General
Security Type Closed-End Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Nontraditional Equity
Broad Category Equity
Category Name Derivative Income
Category Index CBOE S&P 500 BuyWrite BXM PR USD
Prospectus Objective Equity-Income
Fund Owner Firm Name Virtus Investment Advisers, Inc.
Prospectus Benchmark Index
ICE BofA All US Convertible TR USD 25.00%
Russell 1000 Value TR USD 75.00%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Douglas Forsyth 17.60 yrs
John Mowrey 5.26 yrs
R. McKinney 5.26 yrs
Thomas Oliver 5.26 yrs
Justin Kass 1.66 yrs
Kris Marca 1.66 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 99
-160.02M
-368.59M Category Low
10.63B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2012

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
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--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
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As of October 06, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
-13.13%
11.91%
12.79%
-11.95%
30.89%
12.08%
26.73%
-25.69%
1.38%
11.96%
21.83%
-4.38%
31.49%
18.40%
28.71%
-20.46%
13.76%
7.29%
9.52%
-12.72%
32.42%
0.51%
23.68%
-11.54%
1.64%
14.88%
27.91%
-13.36%
25.32%
-0.10%
28.99%
-9.84%
0.56%
7.60%
16.50%
-6.09%
21.40%
-0.50%
19.59%
-14.15%
--
--
--
--
--
--
21.50%
-10.47%
As of October 06, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-7-22) 1.01%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 19.53
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of August 31, 2022

Fund Details

Key Dates
Inception Date 2/28/2005
Last Annual Report Date 1/31/2022
Last Prospectus Date 4/26/2005
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of August 31, 2022.
Type % Net % Long % Short
Cash 3.30% Upgrade Upgrade
Stock 75.79% Upgrade Upgrade
Bond 0.32% Upgrade Upgrade
Convertible 17.76% Upgrade Upgrade
Preferred 2.72% Upgrade Upgrade
Other 0.12% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
BlackRock Liquidity FedFund Instl 3.31% 1.00 0.00%
JPMorgan Chase & Co 3.24% 105.97 -2.01%
Apple Inc 3.16% 140.30 -3.53%
Microsoft Corp 3.12% 234.25 -5.08%
The Home Depot Inc 2.30% 284.50 -2.03%
Amazon.com Inc 1.70% 114.60 -4.74%
Citigroup Inc 1.67% 42.23 -1.93%
Zoetis Inc Class A 1.56% 147.42 -3.39%
Celanese Corp Class A 1.56% 90.25 -2.52%
Mastercard Inc Class A 1.55% 295.03 -1.40%

Basic Info

Investment Strategy
The Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of convertible securities, income-producing equity securities and income-producing debt and other instruments of varying maturities. For purposes of this policy, “income-producing equity securities” include, among other instruments, dividend-paying common and preferred stocks. The Fund will normally invest at least 50% of its managed assets in convertible securities.
General
Security Type Closed-End Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Nontraditional Equity
Broad Category Equity
Category Name Derivative Income
Category Index CBOE S&P 500 BuyWrite BXM PR USD
Prospectus Objective Equity-Income
Fund Owner Firm Name Virtus Investment Advisers, Inc.
Prospectus Benchmark Index
ICE BofA All US Convertible TR USD 25.00%
Russell 1000 Value TR USD 75.00%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Douglas Forsyth 17.60 yrs
John Mowrey 5.26 yrs
R. McKinney 5.26 yrs
Thomas Oliver 5.26 yrs
Justin Kass 1.66 yrs
Kris Marca 1.66 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-7-22) 1.01%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 19.53
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of August 31, 2022

Fund Details

Key Dates
Inception Date 2/28/2005
Last Annual Report Date 1/31/2022
Last Prospectus Date 4/26/2005
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Top Portfolio Holders

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