NCV
Price:
$3.66
Market Cap:
$330.77M
Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities with a broad range of maturities, with a weighted average maturity ranging between five to ten years. The fund employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in house research using proprietary models. The fund was formerly known as...[Read more]
Industry
Asset Management - Income
IPO Date
2003-03-31
Stock Exchange
NYSE
Ticker
NCV
According to Virtus Convertible & Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 11.15%. This represents a change of 238.38% compared to the average of 3.29% of the last 4 quarters.
The mean historical Dividend Yield of Virtus Convertible & Income Fund over the last ten years is 5.73%. The current 11.15% Dividend Yield has changed 94.48% with respect to the historical average. Over the past ten years (40 quarters), NCV's Dividend Yield was at its highest in in the July 2023 quarter at 6.47%. The Dividend Yield was at its lowest in in the May 2014 quarter at 0%.
Average
5.73%
Median
0%
Minimum
0%
Maximum
18.96%
Discovering the peaks and valleys of Virtus Convertible & Income Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Dividend Yield = 18.96%
Minimum Annual Increase = 0%
Minimum Annual Dividend Yield = 0%
Year | Dividend Yield | Change |
---|---|---|
2024 | 14.25% | 10.65% |
2023 | 12.88% | Infinity% |
2022 | 0% | 0% |
2021 | 0% | 0% |
2020 | 0% | 0% |
2019 | 0% | 0% |
2018 | 0% | 0% |
2017 | 0% | -100.00% |
2016 | 18.96% | 68.77% |
2015 | 11.23% | Infinity% |
The current Dividend Yield of Virtus Convertible & Income Fund (NCV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.04%
5-year avg
5.43%
10-year avg
5.73%
Virtus Convertible & Income Fund’s Dividend Yield is less than BlackRock MuniVest Fund, Inc. (5.11%), less than MFS High Income Municipal Trust (4.75%), greater than Nuveen Senior Income Fund (0%), less than Franklin Limited Duration Income Trust (11.14%), less than Clough Global Equity Fund (10.62%), less than Virtus Convertible & Income 2024 Target Term Fund (2.68%), less than MFS Investment Grade Municipal Trust (3.74%), less than Eaton Vance Senior Income Trust (11.15%), less than BlackRock Municipal Income Fund, Inc. (5.26%), less than Nuveen Dynamic Municipal Opportunities Fund (7.07%), less than BlackRock MuniYield Quality Fund, Inc. (4.72%), less than DWS Municipal Income Trust (6.14%), less than BlackRock MuniYield Quality Fund III, Inc. (5.91%), less than Abrdn Income Credit Strategies Fund (18.69%), less than Special Opportunities Fund, Inc. (7.61%), less than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (14.27%), less than Clough Global Dividend and Income Fund (11.16%), less than PGIM Global High Yield Fund, Inc (9.77%), less than BlackRock Floating Rate Income Strategies Fund, Inc. (10.68%),
Company | Dividend Yield | Market cap |
---|---|---|
5.11% | $450.34M | |
4.75% | $119.17M | |
0% | $177.61M | |
11.14% | $266.68M | |
10.62% | $128.05M | |
2.68% | $167.75M | |
3.74% | $66.38M | |
11.15% | $111.63M | |
5.26% | $904.22M | |
7.07% | $627.19M | |
4.72% | $882.83M | |
6.14% | $386.24M | |
5.91% | $748.42M | |
18.69% | $805.52M | |
7.61% | $158.68M | |
14.27% | $194.35M | |
11.16% | $71.34M | |
9.77% | $527.92M | |
10.68% | $490.43M |
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