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Virtus High Yield Bond Fund (AYBIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS92838V7001
CUSIP01900C540
IssuerAllianz Global Investors
Inception DateJul 31, 1996
CategoryHigh Yield Bonds
Min. Investment$1,000,000
Asset ClassBond

Expense Ratio

AYBIX has a high expense ratio of 0.83%, indicating higher-than-average management fees.


Expense ratio chart for AYBIX: current value at 0.83% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.83%

Share Price Chart


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Compare to other instruments

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Virtus High Yield Bond Fund

Performance

Performance Chart

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


300.00%320.00%340.00%360.00%380.00%400.00%Dec 17Dec 24Dec 31Jan 07Jan 14Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24
310.12%
406.35%
AYBIX (Virtus High Yield Bond Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period


PeriodReturnBenchmark
Year-To-DateN/A13.87%
1 monthN/A2.33%
6 monthsN/A15.10%
1 yearN/A22.72%
5 years (annualized)N/A13.49%
10 years (annualized)N/A10.85%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-5.25%0.26%-4.59%
20235.56%-1.53%0.09%0.91%2.14%0.89%2.49%-1.10%-1.52%-0.32%4.20%4.03%16.68%
2022-3.01%-0.41%-0.78%-3.56%-0.82%-6.79%6.36%-1.55%-5.84%3.32%3.22%-0.76%-10.83%
2021-0.25%1.42%0.22%0.78%0.31%1.73%0.65%0.42%0.30%0.07%-1.22%1.14%5.70%
2020-0.13%-1.31%-10.08%2.24%4.05%-0.78%3.96%1.97%-1.72%-0.02%4.87%1.43%3.64%
20194.75%1.19%1.06%1.05%-1.55%2.75%0.46%0.93%0.57%0.46%0.46%1.16%14.01%
20180.35%-1.68%-0.68%0.36%0.02%0.34%0.93%0.69%0.34%-1.88%-1.21%-2.57%-4.94%
20170.96%1.41%-0.27%1.18%0.72%0.06%1.02%-0.21%0.68%0.35%-0.32%0.35%6.08%
2016-2.51%-0.11%4.35%2.75%0.56%0.68%2.65%2.25%0.63%0.05%0.18%1.89%14.02%
20150.27%2.53%-0.36%0.95%0.53%-1.06%-0.65%-2.39%-2.70%2.89%-2.72%-2.10%-4.90%
20140.70%1.50%0.30%0.40%0.80%0.80%-1.50%1.43%-2.27%0.89%-0.98%-1.40%0.59%
20131.80%0.20%1.29%1.58%-0.20%-2.07%2.12%-0.20%0.60%1.91%0.40%0.56%8.21%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of AYBIX is 67, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of AYBIX is 6767
AYBIX (Virtus High Yield Bond Fund)
The Sharpe Ratio Rank of AYBIX is 6969Sharpe Ratio Rank
The Sortino Ratio Rank of AYBIX is 5858Sortino Ratio Rank
The Omega Ratio Rank of AYBIX is 9090Omega Ratio Rank
The Calmar Ratio Rank of AYBIX is 6767Calmar Ratio Rank
The Martin Ratio Rank of AYBIX is 5252Martin 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 High Yield Bond Fund (AYBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


AYBIX
Sharpe ratio
No data
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.14, compared to the broader market-1.000.001.002.003.004.002.14
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.04, compared to the broader market0.005.0010.003.04
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 1.71, compared to the broader market0.005.0010.0015.001.71
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.02, compared to the broader market0.0020.0040.0060.0080.008.02

Sharpe Ratio

There is not enough data available to calculate the Sharpe ratio for Virtus High Yield Bond Fund. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00Dec 17Dec 24Dec 31Jan 07Jan 14Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24
1.36
2.78
AYBIX (Virtus High Yield Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Virtus High Yield Bond Fund granted a 5.47% dividend yield in the last twelve months. The annual payout for that period amounted to $0.40 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.40$0.45$0.43$0.44$0.47$0.47$0.48$0.52$0.56$0.62$0.70$0.81

Dividend yield

5.47%5.77%6.07%5.21%5.55%5.43%6.00%5.82%6.31%7.39%7.49%8.07%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.05$0.05$0.03$0.13
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.45
2022$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.43
2021$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.44
2020$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2019$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2018$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.48
2017$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.52
2016$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.56
2015$0.06$0.06$0.06$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.62
2014$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.70
2013$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.15$0.81

Drawdowns

Drawdowns Chart

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


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%Dec 17Dec 24Dec 31Jan 07Jan 14Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24
-4.59%
-0.45%
AYBIX (Virtus High Yield Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Virtus High Yield Bond 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 High Yield Bond Fund was 29.11%, occurring on Dec 12, 2008. Recovery took 156 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.11%May 6, 2008154Dec 12, 2008156Jul 29, 2009310
-21.01%Feb 20, 202023Mar 23, 2020168Nov 18, 2020191
-16.42%Nov 10, 2021224Sep 30, 2022302Dec 13, 2023526
-14.33%Jul 10, 2014402Feb 11, 2016124Aug 9, 2016526
-12.42%Jul 21, 199867Oct 21, 1998123Apr 12, 1999190

Volatility

Volatility Chart

The current Virtus High Yield Bond Fund volatility is 0.81%, 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.


1.00%2.00%3.00%4.00%5.00%Dec 17Dec 24Dec 31Jan 07Jan 14Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24
0.81%
2.74%
AYBIX (Virtus High Yield Bond Fund)
Benchmark (^GSPC)