Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund IIverified

NCZ

Price:

$3.02

Market Cap:

$229.87M

Virtus Convertible & Income Fund II 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 across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically 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 ...[Read more]

Industry

Asset Management - Income

IPO Date

2003-07-29

Stock Exchange

NYSE

Ticker

NCZ

The Dividend Yield as of September 2024 (TTM) for Virtus Convertible & Income Fund II (NCZ) is 11.92%

According to Virtus Convertible & Income Fund II’s latest financial reports and current stock price. The company's current Dividend Yield is 11.92%. This represents a change of 125.25% compared to the average of 5.29% of the last 4 quarters.

Virtus Convertible & Income Fund II (NCZ) Historical Dividend Yield (quarterly & annually)

How has NCZ Dividend Yield performed in the past?

The mean historical Dividend Yield of Virtus Convertible & Income Fund II over the last ten years is 4.46%. The current 11.92% Dividend Yield has changed 167.03% with respect to the historical average. Over the past ten years (40 quarters), NCZ's Dividend Yield was at its highest in in the January 2024 quarter at 7.29%. The Dividend Yield was at its lowest in in the November 2013 quarter at 0%.

Quarterly (TTM)
Annual

Average

4.46%

Median

0%

Minimum

0%

Maximum

19.15%

Virtus Convertible & Income Fund II (NCZ) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Virtus Convertible & Income Fund II 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 = 19.15%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
202414.32%Infinity%
20230%0%
20220%0%
20210%0%
20200%0%
20190%0%
20180%0%
20170%-100.00%
201619.15%71.53%
201511.17%Infinity%

Virtus Convertible & Income Fund II (NCZ) Average Dividend Yield

How has NCZ Dividend Yield performed in the past?

The current Dividend Yield of Virtus Convertible & Income Fund II (NCZ) 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

4.77%

5-year avg

2.86%

10-year avg

4.46%

Virtus Convertible & Income Fund II (NCZ) Dividend Yield vs. Peers

How is NCZ’s Dividend Yield compared to its peers?

Virtus Convertible & Income Fund II’s Dividend Yield is less than Clough Global Dividend and Income Fund (12.28%), less than Nuveen Municipal Credit Opportunities Fund (5.52%), less than High Income Securities Fund (12.03%), less than Virtus Dividend, Interest & Premium Strategy Fund (8.67%), less than BlackRock MuniYield Fund, Inc. (5.19%), less than BlackRock Municipal Income Fund, Inc. (4.98%), less than BlackRock MuniYield Quality Fund, Inc. (3.57%), less than BlackRock MuniYield Quality Fund III, Inc. (5.35%), less than BlackRock MuniHoldings Quality Fund II, Inc. (4.72%), less than MFS High Yield Municipal Trust (4.26%), less than MFS Investment Grade Municipal Trust (3.90%), less than MFS Municipal Income Trust (4.48%), less than DTF Tax-Free Income 2028 Term Fund Inc. (3.46%), less than MFS Government Markets Income Trust (7.97%), greater than Nuveen Floating Rate Income Opportunity Fund (0%), less than Nuveen Floating Rate Income Fund (11.63%), less than Eaton Vance Senior Income Trust (11.52%), less than Apollo Senior Floating Rate Fund Inc. (12.54%), less than Nuveen Preferred and Income Fund (1.29%), less than RiverNorth Flexible Municipal Income Fund, Inc. (7.09%), less than DWS Municipal Income Trust (4.69%), less than BlackRock MuniVest Fund II, Inc. (4.97%),

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How does the current Dividend Yield for Virtus Convertible & Income Fund II (NCZ) compare to its historical average?