ANNPX vs. LOCFX
Compare and contrast key facts about Virtus Convertible Fund (ANNPX) and Lord Abbett Convertible Fund Class F3 (LOCFX).
ANNPX is managed by Allianz. It was launched on Apr 18, 1993. LOCFX is a passively managed fund by Lord Abbett that tracks the performance of the ICE BofA All Convertible Index. It was launched on Jun 30, 2003.
Performance
ANNPX vs. LOCFX - Performance Comparison
Loading graphics...
ANNPX vs. LOCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANNPX Virtus Convertible Fund | 2.37% | 22.50% | 14.13% | 8.39% | -18.65% | 4.96% | 55.99% | 26.45% | 2.76% | 9.98% |
LOCFX Lord Abbett Convertible Fund Class F3 | 4.01% | 22.43% | 14.00% | 7.30% | -23.12% | 1.40% | 64.47% | 25.07% | -6.42% | 10.04% |
Returns By Period
In the year-to-date period, ANNPX achieves a 2.37% return, which is significantly lower than LOCFX's 4.01% return.
ANNPX
- 1D
- 2.57%
- 1M
- -4.28%
- YTD
- 2.37%
- 6M
- 4.52%
- 1Y
- 29.42%
- 3Y*
- 14.71%
- 5Y*
- 5.23%
- 10Y*
- 12.90%
LOCFX
- 1D
- 2.23%
- 1M
- -4.18%
- YTD
- 4.01%
- 6M
- 6.22%
- 1Y
- 28.56%
- 3Y*
- 15.10%
- 5Y*
- 3.38%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ANNPX vs. LOCFX - Expense Ratio Comparison
ANNPX has a 0.71% expense ratio, which is lower than LOCFX's 0.82% expense ratio.
Return for Risk
ANNPX vs. LOCFX — Risk / Return Rank
ANNPX
LOCFX
ANNPX vs. LOCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Convertible Fund (ANNPX) and Lord Abbett Convertible Fund Class F3 (LOCFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ANNPX | LOCFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.09 | 2.02 | +0.07 |
Sortino ratioReturn per unit of downside risk | 2.77 | 2.71 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.36 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 4.11 | 4.11 | 0.00 |
Martin ratioReturn relative to average drawdown | 16.22 | 14.58 | +1.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ANNPX | LOCFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 2.02 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.26 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.96 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.80 | -0.28 |
Correlation
The correlation between ANNPX and LOCFX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ANNPX vs. LOCFX - Dividend Comparison
ANNPX's dividend yield for the trailing twelve months is around 11.00%, more than LOCFX's 1.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANNPX Virtus Convertible Fund | 11.00% | 11.32% | 2.31% | 2.56% | 1.55% | 20.74% | 6.94% | 5.12% | 18.79% | 23.47% | 2.88% | 10.63% |
LOCFX Lord Abbett Convertible Fund Class F3 | 1.49% | 1.86% | 2.29% | 2.06% | 2.72% | 18.36% | 16.20% | 8.75% | 5.02% | 2.08% | 0.00% | 0.00% |
Drawdowns
ANNPX vs. LOCFX - Drawdown Comparison
The maximum ANNPX drawdown since its inception was -55.61%, which is greater than LOCFX's maximum drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for ANNPX and LOCFX.
Loading graphics...
Drawdown Indicators
| ANNPX | LOCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -33.29% | -22.32% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -7.02% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -26.85% | -30.60% | +3.75% |
Max Drawdown (10Y)Largest decline over 10 years | -27.36% | — | — |
Current DrawdownCurrent decline from peak | -4.76% | -4.94% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -17.54% | -11.41% | -6.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.98% | -0.17% |
Volatility
ANNPX vs. LOCFX - Volatility Comparison
Virtus Convertible Fund (ANNPX) has a higher volatility of 6.71% compared to Lord Abbett Convertible Fund Class F3 (LOCFX) at 6.39%. This indicates that ANNPX's price experiences larger fluctuations and is considered to be riskier than LOCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ANNPX | LOCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.71% | 6.39% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 12.18% | -0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.28% | 14.51% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.81% | 12.85% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.47% | 13.95% | -0.48% |