Virtus Convertible Fund Institutional (ANNPX) NASDAQ

39.79

+0.29(+0.73%)

Updated at September 08 08:05AM

Currency In USD

Virtus Convertible Fund Institutional

Address

101 Munson Steet

Greenfield, MA 01301

United States of America

Phone

800-243-1574

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

April 19, 1993

Key Executives

N/A

Description

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.