Virtus Convertible & Income 2024 Target Term FundCBH
Market Cap: 166M
About: Virtus Convertible & Income 2024 Target Term Fund is a diversified, closed-end management investment company. The fund's investment objectives are to provide a high level of income and returns. The group invests in various sectors such as Aerospace and Defense, healthcare services, machinery construction and Mining, Pharmaceuticals, Transportation, Textiles, Apparel and Luxury Goods, Diversified Financial Services, Auto Components, and others.
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 36 [Q4 2023] → 38 (+2) [Q1 2024]
1% more capital invested
Capital invested by funds: $50.8M [Q4 2023] → $51.4M (+$652K) [Q1 2024]
0.09% more ownership
Funds ownership: 31.87% [Q4 2023] → 31.96% (+0.09%) [Q1 2024]
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Research analyst outlook
We haven’t received any recent analyst ratings for CBH.