| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 44.71 | 168 |
| Intrinsic value (DCF) | 5.02 | -70 |
| Graham-Dodd Method | 10.11 | -39 |
| Graham Formula | 376.84 | 2155 |
Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities with a broad range of maturities, with a weighted average maturity ranging between five to ten years. The fund employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund. Virtus Convertible & Income Fund was formed on March 31, 2003 and is domiciled in the United States.