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 Enterprise Value as of September 2024 (TTM) for Virtus Convertible & Income Fund II (NCZ) is 274.82M

According to Virtus Convertible & Income Fund II’s latest financial reports and current stock price. The company's current Enterprise Value is 274.82M. This represents a change of 10.16% compared to the average of 249.46M of the last 4 quarters.

Virtus Convertible & Income Fund II (NCZ) Historical Enterprise Value (quarterly & annually)

How has NCZ Enterprise Value performed in the past?

The mean historical Enterprise Value of Virtus Convertible & Income Fund II over the last ten years is 396.27M. The current 274.82M Enterprise Value has changed 6.84% with respect to the historical average. Over the past ten years (40 quarters), NCZ's Enterprise Value was at its highest in in the May 2014 quarter at 729.46M. The Enterprise Value was at its lowest in in the October 2023 quarter at 210.16M.

Quarterly (TTM)
Annual

Average

396.27M

Median

376.65M

Minimum

233.75M

Maximum

635.21M

Virtus Convertible & Income Fund II (NCZ) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Virtus Convertible & Income Fund II Enterprise Value, 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 = 30.91%

Maximum Annual Enterprise Value = 635.21M

Minimum Annual Increase = -43.36%

Minimum Annual Enterprise Value = 233.75M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024233.75M-32.89%
2023348.33M-0.37%
2022349.61M-11.16%
2021393.51M13.88%
2020345.57M-15.74%
2019410.13M-1.36%
2018415.78M-11.73%
2017471.02M30.91%
2016359.79M-43.36%
2015635.21M-11.01%

Virtus Convertible & Income Fund II (NCZ) Average Enterprise Value

How has NCZ Enterprise Value performed in the past?

The current Enterprise Value 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

310.57M

5-year avg

334.16M

10-year avg

396.27M

Virtus Convertible & Income Fund II (NCZ) Enterprise Value vs. Peers

How is NCZ’s Enterprise Value compared to its peers?

Virtus Convertible & Income Fund II’s Enterprise Value is greater than Clough Global Dividend and Income Fund (108.48M), less than Nuveen Municipal Credit Opportunities Fund (1.11B), greater than High Income Securities Fund (121.35M), less than Virtus Dividend, Interest & Premium Strategy Fund (1.17B), less than BlackRock MuniYield Fund, Inc. (526.92M), less than BlackRock Municipal Income Fund, Inc. (919.45M), less than BlackRock MuniYield Quality Fund, Inc. (937.23M), less than BlackRock MuniYield Quality Fund III, Inc. (1.28B), less than BlackRock MuniHoldings Quality Fund II, Inc. (362.85M), greater than MFS High Yield Municipal Trust (153.04M), greater than MFS Investment Grade Municipal Trust (111.36M), less than MFS Municipal Income Trust (349.45M), greater than DTF Tax-Free Income 2028 Term Fund Inc. (77.55M), greater than MFS Government Markets Income Trust (102.43M), less than Nuveen Floating Rate Income Opportunity Fund (477.61M), less than Nuveen Floating Rate Income Fund (1.94B), greater than Eaton Vance Senior Income Trust (117.76M), less than Apollo Senior Floating Rate Fund Inc. (329.38M), greater than Nuveen Preferred and Income Fund (116.69M), greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), less than DWS Municipal Income Trust (407.36M), greater than BlackRock MuniVest Fund II, Inc. (238.79M),

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Frequently asked questions❓

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What is the 5-year average Enterprise Value for Virtus Convertible & Income Fund II (NCZ)?

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