Virtus Convertible & Income Fund

Virtus Convertible & Income Fund is a closed-ended fixed income mutual fund that focuses on generating income and capital appreciation. It primarily invests in convertible securities and non-convertible high-yield bonds that are rated below investment grade. The fund targets a weighted average maturity of five to ten years. It is managed by Allianz Global Investors Fund Management LLC and co-managed by Allianz Global Investors U.S. LLC. The fund uses fundamental analysis with a bottom-up stock picking approach to build its portfolio, relying on in-house research and proprietary models. It was formerly known as AGIC Convertible & Income Fund.

Virtus Convertible & Income Fund is listed on the New York Stock Exchange (NYSE) under the ticker symbol NCV. The fund trades in U.S. dollars (USD), as it is domiciled in the United States and its investments are primarily in U.S. fixed income markets. Investors can buy and sell shares of the fund on the NYSE during regular trading hours.

Virtus Convertible & Income Fund operates in the Financial Services sector and is classified under the Asset Management industry. As a closed-ended fund, it manages a portfolio of fixed income securities, including convertible bonds and high-yield bonds. The fund's activities involve investing in debt instruments to generate returns for its shareholders, which is typical of asset management firms that specialize in fixed income strategies.

Virtus Convertible & Income Fund is domiciled in the United States and focuses on the U.S. fixed income markets. It invests primarily in convertible securities and non-convertible high-yield bonds issued by U.S. companies. The fund's investment strategy is centered on the U.S. market, and it does not have significant exposure to international markets. Its management team, including Allianz Global Investors U.S. LLC, is based in the United States.

Virtus Convertible & Income Fund generates returns by investing in a diversified portfolio of convertible securities and high-yield bonds. Convertible securities offer the potential for capital appreciation if the underlying stock price rises, while also providing fixed income through coupon payments. High-yield bonds, rated below investment grade, offer higher interest income to compensate for greater credit risk. The fund employs fundamental analysis and a bottom-up stock picking approach to select securities, aiming to balance income generation with capital growth. It targets a weighted average maturity of five to ten years for its portfolio.