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Virtus Short Duration High Income Fund (ASHIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS92838V5104
CUSIP01880B876
IssuerAllianz Global Investors
Inception DateOct 3, 2011
CategoryHigh Yield Bonds
Min. Investment$1,000,000
Asset ClassBond

Expense Ratio

ASHIX has a high expense ratio of 0.60%, indicating higher-than-average management fees.


Expense ratio chart for ASHIX: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Virtus Short Duration High Income Fund

Popular comparisons: ASHIX vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Virtus Short Duration High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%2024FebruaryMarchAprilMayJune
2.89%
15.07%
ASHIX (Virtus Short Duration High Income Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Virtus Short Duration High Income Fund had a return of 2.38% year-to-date (YTD) and 9.23% in the last 12 months. Over the past 10 years, Virtus Short Duration High Income Fund had an annualized return of 4.13%, while the S&P 500 had an annualized return of 10.85%, indicating that Virtus Short Duration High Income Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date2.38%15.04%
1 month0.45%3.47%
6 months2.89%15.07%
1 year9.23%24.43%
5 years (annualized)4.80%13.22%
10 years (annualized)4.13%10.85%

Monthly Returns

The table below presents the monthly returns of ASHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.26%0.12%0.95%-0.46%0.74%2.38%
20232.90%-0.50%0.35%1.03%0.19%1.72%1.17%0.64%-0.19%-0.56%2.87%2.37%12.55%
2022-0.95%-0.40%0.03%-1.69%-1.06%-4.78%3.46%-0.75%-2.13%2.55%1.18%-0.54%-5.21%
20210.43%0.64%1.26%0.98%0.02%0.36%-0.53%0.51%0.09%0.64%-0.87%1.72%5.35%
20200.47%-1.05%-11.44%2.67%5.03%1.83%2.55%1.13%-1.01%-1.65%5.91%2.56%6.00%
20191.67%1.24%-0.29%0.55%-0.36%0.89%0.48%0.96%0.61%0.47%-0.29%1.21%7.36%
20180.32%-0.28%-0.01%0.12%0.13%0.52%0.60%0.74%0.53%-1.02%-0.69%-0.98%-0.03%
20170.68%0.62%-0.03%0.63%0.72%0.26%0.45%0.00%0.33%0.39%0.06%0.09%4.27%
2016-0.73%0.38%2.40%3.18%0.82%0.22%1.62%0.75%0.55%0.09%-0.05%0.83%10.48%
20150.35%1.66%0.27%0.79%0.60%-0.36%0.09%-0.56%-1.55%1.21%-1.56%-1.12%-0.22%
20140.27%0.90%0.21%0.34%0.40%0.40%-0.66%0.66%-1.00%1.12%-0.24%-0.36%2.04%
20130.46%0.41%0.40%0.75%-0.42%-1.28%1.55%-0.04%0.55%1.16%0.56%0.39%4.56%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ASHIX is 96, placing it in the top 4% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ASHIX is 9696
ASHIX (Virtus Short Duration High Income Fund)
The Sharpe Ratio Rank of ASHIX is 9797Sharpe Ratio Rank
The Sortino Ratio Rank of ASHIX is 9696Sortino Ratio Rank
The Omega Ratio Rank of ASHIX is 9696Omega Ratio Rank
The Calmar Ratio Rank of ASHIX is 9797Calmar Ratio Rank
The Martin Ratio Rank of ASHIX is 9595Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Virtus Short Duration High Income Fund (ASHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ASHIX
Sharpe ratio
The chart of Sharpe ratio for ASHIX, currently valued at 3.23, compared to the broader market-1.000.001.002.003.004.003.23
Sortino ratio
The chart of Sortino ratio for ASHIX, currently valued at 5.60, compared to the broader market0.005.0010.005.60
Omega ratio
The chart of Omega ratio for ASHIX, currently valued at 1.77, compared to the broader market1.002.003.004.001.77
Calmar ratio
The chart of Calmar ratio for ASHIX, currently valued at 5.12, compared to the broader market0.005.0010.0015.005.12
Martin ratio
The chart of Martin ratio for ASHIX, currently valued at 18.29, compared to the broader market0.0020.0040.0060.0080.0018.29
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.17, compared to the broader market-1.000.001.002.003.004.002.17
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.07, compared to the broader market0.005.0010.003.07
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.73, compared to the broader market0.005.0010.0015.001.73
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.12, compared to the broader market0.0020.0040.0060.0080.008.12

Sharpe Ratio

The current Virtus Short Duration High Income Fund Sharpe ratio is 3.23. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Virtus Short Duration High Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.002.003.004.005.002024FebruaryMarchAprilMayJune
3.23
2.17
ASHIX (Virtus Short Duration High Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Virtus Short Duration High Income Fund granted a 6.97% dividend yield in the last twelve months. The annual payout for that period amounted to $0.94 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.94$0.88$0.80$0.80$0.86$0.70$0.80$0.75$0.81$0.93$0.82$0.78

Dividend yield

6.97%6.45%6.22%5.53%5.95%4.85%5.64%5.02%5.36%6.44%5.32%4.90%

Monthly Dividends

The table displays the monthly dividend distributions for Virtus Short Duration High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.08$0.08$0.08$0.08$0.08$0.00$0.39
2023$0.06$0.06$0.06$0.06$0.07$0.06$0.07$0.07$0.08$0.08$0.07$0.12$0.88
2022$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.11$0.80
2021$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.11$0.80
2020$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.22$0.86
2019$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.70
2018$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.16$0.80
2017$0.06$0.06$0.07$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.08$0.75
2016$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.12$0.81
2015$0.06$0.07$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.23$0.93
2014$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.06$0.06$0.06$0.06$0.12$0.82
2013$0.03$0.08$0.05$0.07$0.05$0.08$0.06$0.07$0.06$0.06$0.08$0.08$0.78

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune
-0.15%
0
ASHIX (Virtus Short Duration High Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Virtus Short Duration High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Virtus Short Duration High Income Fund was 19.54%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.

The current Virtus Short Duration High Income Fund drawdown is 0.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.54%Feb 20, 202023Mar 23, 2020161Nov 9, 2020184
-9.33%Jan 18, 2022116Jul 5, 2022256Jul 12, 2023372
-6.7%Jul 17, 2015145Feb 11, 201647Apr 20, 2016192
-3.08%Oct 2, 201858Dec 24, 201840Feb 22, 201998
-2.8%May 10, 201331Jun 24, 201361Sep 19, 201392

Volatility

Volatility Chart

The current Virtus Short Duration High Income Fund volatility is 0.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%2024FebruaryMarchAprilMayJune
0.68%
2.33%
ASHIX (Virtus Short Duration High Income Fund)
Benchmark (^GSPC)