The Virtus AllianzGI Convertible & Income Fund (NCV) is a mutual fund that primarily invests in convertible securities and income-producing assets. These convertible securities are bonds or preferred stocks that can be converted into common stock of the issuing company. This fund aims to provide investors with a combination of potential capital appreciation and income through a diversified portfolio of convertible securities and other income-generating assets. The fund is managed by Virtus Investment Advisers Inc. and sub-advised by Allianz Global Investors.