ACOSX — Virtus AllianzGI Core Plus Bond Fund
Data updated: 2022-08-25
ACOSX — Virtus AllianzGI Core Plus Bond Fund. Total / Aggregate Bond · $57.73M AUM · 0.25% expense ratio. Holdings, fees, performance and SEC filings.
ACOSX Fund Overview
ACOSX — Virtus AllianzGI Core Plus Bond Fund is a US mutual fund managed by Virtus Strategy Trust, categorised as Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Virtus Strategy Trust
- Category: Total / Aggregate Bond
- Assets under management: $57.73M
- 1-year return: -9.8%
- Ticker: ACOSX
- SEC CIK: 0001423227
- SEC series ID: S000061527
- Share class ID: C000199234
ACOSX Investment Objective and Strategy
Virtus AllianzGI Core Plus Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Virtus Strategy Trust.
Investment objective
The Fund seeks total return, consisting of current income and capital appreciation.
Principal investment strategy
The Fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in bonds, notes and other debt instruments, including derivatives that provide exposure to such investments. The Fund generally invests in debt securities issued by U.S. and non-U.S. governments and their subdivisions, agencies and government-sponsored enterprises; supranational entities; public and private companies; pass-through securities guaranteed by the U.S. government, its agencies or government-sponsored enterprises; and commercial mortgage-backed securities and other asset-backed securities. The Funds investments in mortgage-related securities may include investments in stripped mortgage-backed securities such as interest-only (IO) and principal-only (PO) securities.
The Fund may invest up to 35% of its net assets in debt instruments that, at the time of purchase, are rated below investment grade, or if unrated, determined by the Manager to be of comparable quality (sometimes referred to as high yield securities or junk bonds). The Fund considers a debt instrument to be investment grade based on the highest rating assigned at the time of purchase by Standard and Poors, Moodys, Fitch, Kroll or DBRS. The Fund may invest up to 10% of its assets in non-U.S. dollar denominated debt securities and instruments of foreign issuers, including those of foreign governments, non-governmental issuers or other entities. The Fund typically seeks to fully hedge its exposure to non-U.S. dollar currencies. In making investments, the Funds portfolio managers will normally seek to maintain an average portfolio duration within two years above or below that of its benchmark, the Bloomberg Barclays U.S.
Aggregate Bond Index. As of November 30, 2017, the average duration of the Bloomberg Barclays U.S. Aggregate Bond Index was six years. The Fund may use derivatives, such as Treasury futures, options on Treasury futures, interest rate swaps, credit default swaps and credit default swap indices, total return swaps and currency futures and forwards. The Fund may use derivatives for a variety of purposes, including: as a hedge against adverse changes in the market price of securities, interest rates, or currency exchange rates; as a substitute for purchasing or selling securities; to increase the Funds return as a non-hedging strategy that may be considered speculative; and to manage portfolio characteristics. Derivatives transactions may have the effect of either magnifying or limiting the Funds gains and losses.
The Fund may purchase or sell securities on a when-issued, delayed-delivery or forward commitment basis. Such securities may include mortgage-backed securities acquired or sold in the to-be-announced (TBA) market and those in a dollar roll transaction. The Fund may invest in securities that are issued through private offerings without registration with the Securities and Exchange Commission under the Securities Act. The Fund may also invest in securities that may be offered and sold only to qualified institutional buyers under Rule 144A under the Securities Act. The Funds use of short-term instruments, especially in connection with the hedging of interest rate risk, may result in significant frequent trading transactions, which can contribute to the Funds having a portfolio turnover rate in excess of 300% annually.
ACOSX Performance
Total returns for ACOSX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -9.8% |
| 3 years (annualised) | 1.3% |
ACOSX Risk Information
Risk metrics for ACOSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.4%
ACOSX Costs and Fees
ACOSX costs about $25 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.25%
- Gross expense ratio: 0.60%
- Portfolio turnover: 361%
- Brokerage commissions: 0.29 bps of average net assets (SEC N-CEN)
ACOSX Cashflows
Over the 12 months to 2022-06, Virtus AllianzGI Core Plus Bond Fund had net inflows of $43.48M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-06 | $4.73M |
| 2022-05 | $533.10K |
| 2022-04 | $687.20K |
| 2022-03 | $3.47M |
| 2022-02 | $1.40M |
| 2022-01 | $18.56M |
ACOSX Debt Constituents
No individual debt constituents are reported in Virtus AllianzGI Core Plus Bond Fund's latest SEC N-PORT filing.
ACOSX Prospectus and SEC Filings
Official Virtus AllianzGI Core Plus Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-01-28
- Prospectus (485BPOS) — filed 2020-02-19
- Prospectus supplement (497) — filed 2021-06-14
- Portfolio holdings (N-PORT) — filed 2022-08-25
- Portfolio holdings (N-PORT) — filed 2022-05-20
- Portfolio holdings (N-PORT) — filed 2022-02-28
- Annual census (N-CEN) — filed 2021-12-14
- Annual census (N-CEN) — filed 2020-12-09
Related Funds
Other Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.