Virtus Income & Growth Fund Q4 2025 Commentary

Mutual Fund Commentaries90 FollowersFollow5ShareSavePlay(7min)CommentsSummaryEquities, convertible securities, and high yield bonds all advanced in the fourth quarter.The S&P 500® Index returned 2.66% for the quarter, bringing full-year performance to 17.88%.New issuance saw 46 issues priced, raising $36.2 billion in proceeds, bringing the full-year total to a record $118.8 billion.The portfolio benefited from strength across equities, convertibles, and HY bonds.Exposure increased the most in healthcare, industrials, and utilities, and decreased the most in consumer discretionary, technology, and communication services. Iryna Drozd/iStock via Getty Images General Market Environment Equities, convertible securities, and high yield (HY) bonds all advanced in the fourth quarter. Third-quarter earnings results beat expectations on strong artificial intelligence (AI) spending, though management commentary highlighted cost pressures and uneven demand trends. Economic data was mixed, and visibilityThis article was written byMutual Fund Commentaries90 FollowersFollowSelect quarterly mutual fund commentaries.