ARISX — Virtus AllianzGI Preferred Securities and Income Fund
Data updated: 2022-08-25
ARISX — Virtus AllianzGI Preferred Securities and Income Fund. Emerging Markets Real Estate · $33.98M AUM. Holdings, fees, performance and SEC filings.
ARISX Fund Overview
ARISX — Virtus AllianzGI Preferred Securities and Income Fund is a US mutual fund managed by Virtus Strategy Trust, categorised as Emerging Markets Real Estate. 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: Emerging Markets Real Estate
- Assets under management: $33.98M
- 1-year return: -12.2%
- Ticker: ARISX
- SEC CIK: 0001423227
- SEC series ID: S000061528
- Share class ID: C000199237
ARISX Investment Objective and Strategy
Virtus AllianzGI Preferred Securities and Income 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 high 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 preferred securities or debt securities issued by U.S. and non-U.S. issuers, including traditional preferred securities, floating-rate preferred securities, corporate bonds, debentures or notes, hybrid instruments that have investment and economic characteristics of both preferred securities and debt securities, convertible securities, contingent convertible securities (CoCos), collateralized loan obligations (CLOs), other securitized products and derivative instruments providing direct or synthetic exposure to any of the foregoing. CoCos are a form of hybrid security that generally either converts into equity or has its principal written down upon the occurrence of certain pre-specified triggering events.
Under normal market conditions, the Fund will also invest at least 25% of its total assets in the financials sector, which the Fund considers to include the banking, diversified financials, financial data processing, financial information services, investment management, savings and loans, securities brokerage and services, real estate (including real estate investment trusts (REITs)) and insurance industries, finance companies, including captive finance companies, and similar issuers. This means that the Fund has adopted a fundamental policy (which may not be changed without shareholder approval) to invest at least 25% of its total assets in the financials sector, increasing the Funds exposure to the risks associated with that sector, including, among other things, changes in government regulations, changes in interest rates, competition, government economic policies and general economic conditions.
The Fund may invest without limit in non-U.S. securities, including securities traded in local currencies, and may invest up to 15% of its assets in emerging markets securities. The Fund may invest in securities that are issued through private offerings without registration with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the Securities Act), including securities that are issued pursuant to Regulation S 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 Fund may invest in securities of any size market capitalization or credit quality. The Fund may invest without limit in debt securities rated below investment grade or unrated and determined by the Manager to be of similar quality (high-yield securities or junk bonds).
Under normal conditions, the Fund expects to invest the majority of its assets in debt instruments that are, based on the highest rating assigned by Standard and Poors, Moodys, Fitch, Kroll or DBRS, investment grade at the time of purchase. The Fund typically seeks to fully hedge its exposure to non-U.S. dollar currencies. In connection with its investments in non-U.S. securities, the Fund may use over-the-counter (OTC) or exchange-traded derivatives, including, without limitation, various interest rate instruments, such as swaps, caps, floors or collars, and foreign currency instruments, such as forward contracts, futures contracts, options, swaps and other similar strategic instruments. The Funds use of derivatives will include to hedge against adverse changes in interest rates and currency exchange rates and against credit risk.
ARISX Performance
Total returns for ARISX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -12.2% |
| 3 years (annualised) | 2.1% |
ARISX Risk Information
Risk metrics for ARISX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.4%
ARISX Costs and Fees
ARISX costs about $50 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.50%
- Gross expense ratio: 0.91%
- Portfolio turnover: 132%
- Brokerage commissions: 0.26 bps of average net assets (SEC N-CEN)
ARISX Cashflows
Over the 12 months to 2022-06, Virtus AllianzGI Preferred Securities and Income Fund had net inflows of $49.10M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-06 | $4.87M |
| 2022-05 | $4.98M |
| 2022-04 | $4.07M |
| 2022-03 | $5.50M |
| 2022-02 | $5.71M |
| 2022-01 | $5.38M |
ARISX Debt Constituents
No individual debt constituents are reported in Virtus AllianzGI Preferred Securities and Income Fund's latest SEC N-PORT filing.
ARISX Prospectus and SEC Filings
Official Virtus AllianzGI Preferred Securities and Income 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 Emerging Markets Real Estate 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.