Expense Ratio History

ANZAX expense ratio history

Virtus Convertible Fund, Class A

Fund company
Allianz Funds Multi-strategy
Type
Mutual fund

1.09%

In basis points
109 basis points
Yearly cost per $10,000
$109
Prospectus dated
28 January 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.10% on 28 January 2025

Fee over time

ANZAX expense ratio: 0.90% until 2 Apr 2012, then 0.97%; 0.97% until 1 Apr 2013, then 1.01%; 1.01% until 1 Apr 2014, then 0.96%; 0.96% until 1 Apr 2015, then 0.97%; 0.97% until 1 Feb 2016, then 0.98%; 0.98% until 1 Feb 2017, then 0.99%; 0.99% until 1 Feb 2018, then 1.02%; 1.02% until 1 Feb 2019, then 0.96%; 0.96% until 1 Feb 2020, then 1.02%; 1.02% until 1 Feb 2021, then 1.06%; 1.06% until 27 Jan 2023, then 1.10%; 1.10% until 28 Jan 2025, then 1.09%; read at 1.09% on 28 Jan 2026.0.00%0.50%1.00%1.50%Apr 2011Oct 2013Apr 2016Oct 2018Apr 2021Oct 20230.90% before1.09% from 28 Jan 2025
ANZAX expense ratio: 0.90% until 2 Apr 2012, then 0.97%; 0.97% until 1 Apr 2013, then 1.01%; 1.01% until 1 Apr 2014, then 0.96%; 0.96% until 1 Apr 2015, then 0.97%; 0.97% until 1 Feb 2016, then 0.98%; 0.98% until 1 Feb 2017, then 0.99%; 0.99% until 1 Feb 2018, then 1.02%; 1.02% until 1 Feb 2019, then 0.96%; 0.96% until 1 Feb 2020, then 1.02%; 1.02% until 1 Feb 2021, then 1.06%; 1.06% until 27 Jan 2023, then 1.10%; 1.10% until 28 Jan 2025, then 1.09%; read at 1.09% on 28 Jan 2026.0.00%0.50%1.00%1.50%Apr 2011Apr 2016Apr 20210.90% before1.09% from 28 Jan 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 10 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
ANZAX (this page) Class A 1.09% 0.96% 28 Jan 2026
ANZCX Class C 1.83% 1.73% 28 Jan 2026
— — 1.33% 1.15% 1 Feb 2021
ANNPX Institutional Class 0.83% 0.71% 28 Jan 2026
— — 0.83% 0.71% 29 Jan 2024
— — 1.11% 0.93% 29 Jan 2024
— — 1.02% — 1 Apr 2015
— — 1.02% 0.96% 1 Feb 2020
VAADX Class R6 0.75% 0.62% 28 Jan 2026
— — 0.74% 0.62% 28 Jan 2022

Every figure we've recorded

DateFeeWhat happened
28 Jan 2026 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2025 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2025 1.09% Cut from 1.10% to 1.09%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-01-24
29 Jan 2024 1.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Jan 2023 1.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Jan 2023 1.10% Raised from 1.06% to 1.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-01-26
28 Jan 2022 1.06% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2021 1.06% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2021 1.06% Raised from 1.02% to 1.06%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-06-14
1 Feb 2020 1.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2020 1.02% Raised from 0.96% to 1.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-19
1 Feb 2019 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2019 0.96% Cut from 1.02% to 0.96%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-02-22
1 Feb 2018 1.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2018 1.02% Raised from 0.99% to 1.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-02-16
1 Feb 2017 0.99% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2017 0.99% Raised from 0.98% to 0.99%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-04-28
1 Feb 2016 0.98% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2016 0.98% Raised from 0.97% to 0.98%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-02-18
1 Apr 2015 0.97% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2015 0.97% Raised from 0.96% to 0.97%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-04-17
1 Apr 2014 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2014 0.96% Cut from 1.01% to 0.96%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-04-14
1 Apr 2013 1.01% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2013 1.01% Raised from 0.97% to 1.01%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-04-22
2 Apr 2012 0.97% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-04-02 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
2 Apr 2012 0.97% Raised from 0.90% to 0.97%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2013-02-19
1 Apr 2011 0.90% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.09% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,334 in fees over 10 years

After fees, $10,000 grows to $14,636.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$112
3 years$348
5 years$604
10 years$1,334

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 16 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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