The Virtus Convertible & Income 2024 Target Term Fund, managed by Allianz Global Investors U.S. LLC, invests in public equity and fixed income markets in the US. The fund carefully selects its stocks from diverse industries and invests in income producing debt instruments and Senior Secured Loans. Virtus Convertible & Income 2024 Target Term Fund primarily focuses on below "BBB-" rated securities and uses fundamental analysis to shape its portfolio.