Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund IIverified

NCZ

Price:

$3.26

Market Cap:

$248.14M

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 PE Ratio as of November 2024 (TTM) for Virtus Convertible & Income Fund II (NCZ) is 14.82

According to Virtus Convertible & Income Fund II’s latest financial reports and current stock price. The company's current PE Ratio is 14.82. This represents a change of -419.18% compared to the average of -4.64 of the last 4 quarters.

Virtus Convertible & Income Fund II (NCZ) Historical PE Ratio (quarterly & annually)

How has NCZ PE Ratio performed in the past?

The mean historical PE Ratio of Virtus Convertible & Income Fund II over the last ten years is 18.68. The current 14.82 PE Ratio has changed 7.83% with respect to the historical average. Over the past ten years (40 quarters), NCZ's PE Ratio was at its highest in in the November 2019 quarter at 86.17. The PE Ratio was at its lowest in in the October 2022 quarter at -38.10.

Quarterly (TTM)
Annual

Average

18.68

Median

3.24

Minimum

-71.97

Maximum

220.54

Virtus Convertible & Income Fund II (NCZ) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Virtus Convertible & Income Fund II PE Ratio, 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 = 3.23%

Maximum Annual PE Ratio = 220.54

Minimum Annual Increase = -822.53%

Minimum Annual PE Ratio = -71.97

Quarterly (TTM)
Annual
YearPE RatioChange
202429.68-822.53%
2023-4.11-66.84%
2022-12.39-471.18%
20213.34-66.50%
20209.97-113.85%
2019-71.97-748.72%
201811.09252.46%
20173.15-227.19%
2016-2.47-101.12%
2015220.543.23%

Virtus Convertible & Income Fund II (NCZ) Average PE Ratio

How has NCZ PE Ratio performed in the past?

The current PE Ratio of Virtus Convertible & Income Fund II (NCZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.39

5-year avg

5.30

10-year avg

18.68

Virtus Convertible & Income Fund II (NCZ) PE Ratio vs. Peers

How is NCZ’s PE Ratio compared to its peers?

Virtus Convertible & Income Fund II’s PE Ratio is less than Clough Global Dividend and Income Fund (26.80), less than Nuveen Municipal Credit Opportunities Fund (78.91), less than High Income Securities Fund (17.98), greater than Virtus Dividend, Interest & Premium Strategy Fund (7.74), greater than BlackRock MuniYield Fund, Inc. (-93.16), less than BlackRock Municipal Income Fund, Inc. (349.22), greater than BlackRock MuniYield Quality Fund, Inc. (-102.55), less than BlackRock MuniYield Quality Fund III, Inc. (19.50), less than BlackRock MuniHoldings Quality Fund II, Inc. (16.54), less than MFS High Yield Municipal Trust (24.91), less than MFS Investment Grade Municipal Trust (44.38), greater than MFS Municipal Income Trust (-43.91), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-69.07), greater than MFS Government Markets Income Trust (-188.47), greater than Nuveen Floating Rate Income Opportunity Fund (-30.31), greater than Nuveen Floating Rate Income Fund (7.72), greater than Eaton Vance Senior Income Trust (7.65), greater than Apollo Senior Floating Rate Fund Inc. (5.91), greater than Nuveen Preferred and Income Fund (-3.40), greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), less than DWS Municipal Income Trust (27.36), greater than BlackRock MuniVest Fund II, Inc. (-82.29),

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