Virtus Convertible & Income 2024 Target Term Fund (CBH) Research
Managed by Allianz Global Investors U.S. LLC, the Virtus Convertible & Income 2024 Target Term Fund (CBH) operates as a closed-end, balanced mutual fund. This fund strategically allocates its capital across both public equity and fixed income markets within the United States. Its equity component primarily targets convertible securities issued by companies spanning diverse industries. For its fixed income exposure, the fund invests in various income-generating debt instruments and Senior Secured Loans. A notable characteristic is its predominant focus on fixed income securities, specifically those with a credit rating below "BBB-", indicating an emphasis on the non-investment grade segment. The investment methodology employed involves a fundamental analysis, utilizing a bottom-up approach to select individual securities for its portfolio. Established on June 30, 2017, the fund is domiciled in the United States.
Market snapshot
- Symbol
- CBH
- Price
- $9.19
- Day change
- +0.05%
- Market cap
- $167.8M
- P/E ratio
- 25.51x
- 52-week range
- 8.4-9.2
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (DCF)
- Invesco High Income 2023 Target Term Fund (IHIT)
- Insight Select Income Fund (INSI)
- Ivy Funds - Delaware Ivy High Income Opportunities Fund (IVH)
- Pioneer Municipal High Income Fund, Inc. (MHI)
- Pioneer Municipal High Income Opportunities Fund, Inc. (MIO)
- Nuveen Senior Income Fund (NSL)
- PIMCO Municipal Income Fund (PMF)
Recent insider activity
- BURKE DONALD C — trade (0 shares) on 2024-06-04
- MCNAMARA GERALDINE M — trade (0 shares) on 2024-06-04
- Toms Matthew — trade (0 shares) on 2024-01-10
- Oberto David J. — D-Return (4618.227 shares) on 2023-10-06
- WALTON R KEITH — trade (0 shares) on 2023-09-01
Open Virtus Convertible & Income 2024 Target Term Fund (CBH) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.