Virtus Short Duration High Income Fund (ASHIX)
The fund seeks to achieve its investment objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in debt securities ("junk bonds") issued by public and private companies, which are rated below investment grade, while maintaining an average duration of less than three years, and in derivatives and other synthetic instruments that have economic characteristics similar to such debt securities.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Virtus Short Duration High Income Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,961 for a total return of roughly 59.61%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Virtus Short Duration High Income Fund had a return of 1.55% year-to-date (YTD) and -1.61% in the last 12 months. Over the past 10 years, Virtus Short Duration High Income Fund had an annualized return of 3.41%, while the S&P 500 had an annualized return of 9.92%, indicating that Virtus Short Duration High Income Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
1 month | -0.58% | -1.87% |
Year-To-Date | 1.55% | 4.25% |
6 months | 2.72% | 2.64% |
1 year | -1.61% | -10.31% |
5 years (annualized) | 2.91% | 8.11% |
10 years (annualized) | 3.41% | 9.92% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 2.90% | -0.50% | ||||||||||
2022 | -2.13% | 2.55% | 1.17% | -0.54% |
Dividend History
Virtus Short Duration High Income Fund granted a 7.70% dividend yield in the last twelve months. The annual payout for that period amounted to $0.99 per share.
Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.99 | $0.80 | $0.80 | $0.86 | $0.70 | $0.80 | $0.75 | $0.81 | $0.93 | $0.82 | $0.78 | $0.74 |
Dividend yield | 7.70% | 6.31% | 5.95% | 6.77% | 5.87% | 7.17% | 6.73% | 7.56% | 9.60% | 8.43% | 8.17% | 8.09% |
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | $0.06 | $0.06 | ||||||||||
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
2012 | $0.03 | $0.06 | $0.06 | $0.07 | $0.07 | $0.08 | $0.06 | $0.04 | $0.05 | $0.05 | $0.05 | $0.11 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Virtus Short Duration High Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Virtus Short Duration High Income Fund is 19.54%, recorded on Mar 23, 2020. It took 161 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-19.54% | Feb 20, 2020 | 23 | Mar 23, 2020 | 161 | Nov 9, 2020 | 184 |
-9.33% | Jan 18, 2022 | 116 | Jul 5, 2022 | — | — | — |
-6.7% | Jul 17, 2015 | 145 | Feb 11, 2016 | 47 | Apr 20, 2016 | 192 |
-3.08% | Oct 2, 2018 | 58 | Dec 24, 2018 | 40 | Feb 22, 2019 | 98 |
-2.8% | May 10, 2013 | 31 | Jun 24, 2013 | 61 | Sep 19, 2013 | 92 |
-2.47% | Nov 4, 2014 | 30 | Dec 16, 2014 | 33 | Feb 4, 2015 | 63 |
-1.51% | Jul 7, 2014 | 72 | Oct 15, 2014 | 12 | Oct 31, 2014 | 84 |
-1.4% | Jul 8, 2021 | 31 | Aug 19, 2021 | 25 | Sep 24, 2021 | 56 |
-1.35% | Nov 10, 2021 | 14 | Nov 30, 2021 | 17 | Dec 23, 2021 | 31 |
-1.18% | Oct 24, 2016 | 16 | Nov 14, 2016 | 17 | Dec 8, 2016 | 33 |
Volatility Chart
Current Virtus Short Duration High Income Fund volatility is 5.48%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.