Business Description
Virtus Convertible & Income Fund is a U.S.-based closed-end fund that focuses on fixed income investments, primarily convertible securities and high-yield bonds that carry below-investment-grade ratings. The fund targets securities with maturities averaging between five and ten years, building its portfolio through detailed internal research and company-level analysis. It is overseen by Allianz Global Investors Fund Management LLC alongside Allianz Global Investors U.S. LLC, and has operated under its current name since being founded in 2003.
