ANZAX vs PACIX

Both ANZAX and PACIX are mutual funds. ANZAX has a higher 5-year return than PACIX (13.53% vs 11.22%). ANZAX has a lower expense ratio than PACIX (0.95% vs 1.12%). Below is the comparison between ANZAX and PACIX.

ANZAX PACIX
Security Type Mutual fund Mutual fund
Segment U.S. Balanced: Convertibles U.S. Balanced: Convertibles
Family Virtus Columbia Threadneedle
Net Assets $311.90M $390.90M
Expense Ratio 0.95% 1.12%
Management Style active active
Dividend Yield 0.42% 0.95%
Minimum Investment N/A $2,000.00
YTD Return -18.07% -17.83%
1-Year Return -9.48% -10.47%
3-Year Return 14.63% 12.26%
5-Year Return 13.53% 11.22%
10-Year Return 11.78% 11.05%

ANZAX

ANZAX description

The Fund seeks maximum total return, consisting of capital appreciation and current income by investing at least 65% of its total assets in income producing equity securities. Equity securities include common stocks, preferred stocks, and securities (including debt securities) that are convertible into common-stock.

ANZAX performance & returns

YTD Return -18.07%
1-Month Return -10.15%
3-Month Return -9.48%
1-Year Return -9.48%
3-Year Return 14.63%
5-Year Return 13.53%
10-Year Return 11.78%
ANZAX expense ratio is 0.95%.

ANZAX holdings

Top 10 Holdings (19.90% of Total Assets)

Name Symbol % Assets
Tesla Inc 2% N/A 4.03%
Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A AVGOP 2.21%
Danaher Corp PRF CONVERT 15/04/2022 USD - Ser A DHRPA 1.94%
Zillow Group Inc 2.75% N/A 1.85%
Splunk Inc 1.12% N/A 1.85%
Microchip Technology Incorporated 1.62% N/A 1.78%
Ringcentral Inc 0.01% N/A 1.68%
Wayfair Inc 0.62% N/A 1.54%
Teladoc Health Inc 1.25% N/A 1.53%
NextEra Energy Inc Unit NEEPP 1.49%

ANZAX pros

The following are ANZAX strengths from our perspective:

  • ANZAX 3-year return is 14.63%, which is higher than the 3-year return of the benchmark index (ICE BofA All US Convertible TR USD), 12.81%.
  • ANZAX 5-year return is 13.53%, which is higher than the 5-year return of the benchmark index (ICE BofA All US Convertible TR USD), 11.14%.
  • ANZAX 10-year return is 11.78%, which is higher than the 10-year return of the benchmark index (ICE BofA All US Convertible TR USD), 11.37%.

ANZAX cons

The following are ANZAX weaknesses from our perspective:

  • ANZAX net assets are $311.90 million. This fund is not a popular choice with retail investors.
  • ANZAX expense ratio is 0.95%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.

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PACIX

PACIX description

The Fund seeks total return, consisting of capital appreciation and current income. Normally, the Fund invests at least 80% of its net assets in convertible securities. The Fund may invest up to 15% of its total assets in Eurodollar convertible securities and up to 20% of its total assets in foreign securities.

PACIX performance & returns

YTD Return -17.83%
1-Month Return -11.69%
3-Month Return -10.47%
1-Year Return -10.47%
3-Year Return 12.26%
5-Year Return 11.22%
10-Year Return 11.05%
PACIX expense ratio is 1.12%.

PACIX holdings

Top 10 Holdings (24.61% of Total Assets)

Name Symbol % Assets
Tesla Inc 2% N/A 6.30%
NextEra Energy Inc Unit (Corporate Unit 09/01/2023) NEEPQ 2.71%
Square Inc 0.12% N/A 2.65%
Coupa Software Incorporated 0.38% N/A 1.98%
Zillow Group Inc 2.75% N/A 1.94%
Danaher Corp 5% PRF PERPETUAL USD 1000 - Ser B DHRPB 1.86%
EXACT SCIENCES CORPORATION 0.38% N/A 1.85%
Royal Caribbean Group 4.25% N/A 1.79%
Splunk Inc 1.12% N/A 1.77%
Microchip Technology Incorporated 2.25% N/A 1.76%

PACIX pros

The following are PACIX strengths from our perspective:

  • PACIX 3-year return is 12.26%, which is in line with the 3-year return of the benchmark index (ICE BofA All US Convertible TR USD), 12.81%.
  • PACIX 5-year return is 11.22%, which is higher than the 5-year return of the benchmark index (ICE BofA All US Convertible TR USD), 11.14%.
  • PACIX 10-year return is 11.05%, which is in line with the 10-year return of the benchmark index (ICE BofA All US Convertible TR USD), 11.37%.
  • PACIX 15-year return is 7.44%, which is in line with the 15-year return of the benchmark index (ICE BofA All US Convertible TR USD), 7.99%.

PACIX cons

The following are PACIX weaknesses from our perspective:

  • PACIX net assets are $390.90 million. This fund is not a popular choice with retail investors.
  • PACIX expense ratio is 1.12%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.75%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.

Other relevant PACIX comparisons

You may also want to check out the following PACIX comparisons that investors often look for on Finny

Or use Finny's Comparison Tool to create a comparison you'd like to see.
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