Is Virtus Convertible & Income Fund (NCV) a Buy, Sell, or Hold?
NYSE : NCV
Virtus Convertible & Income Fund
$16.6 USD
$0.24 (1.47%)
- Volume
- 194.66K
- Average Volume
- 83.51K
- Market Capitalization
- $375.05M
- P/E Ratio
- 4.96
- Dividend Yield
- 9.83%
- Price Target
- Year High
- $17.65
- Year Low
- $14.15
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.44
- Current Ratio
- $0.72
Company Overview
NYSE
George Robert Aylward
Asset Management - Income
Financial Services
NCV
N/A
US
USD
Liquidity Metrics
0.07
0.72
0.72
0.72
0.44
Sales & Valuation
$72.42M
6.13
0.88
14.60
0.97
Profitability
$3.48
$84.14M
137.57%
137.57%
17.64%
13.75%
P/E Metrics
4.96
0.07
0.07
Analyst Price Target & Rating
5/5
0 Analysts
%
Poll Results
About Virtus Convertible & Income Fund (NYSE:NCV) Stock
The Virtus Convertible & Income Fund, previously known as AGIC Convertible & Income Fund, is a U.S.-domiciled, closed-end mutual fund specializing in fixed-income investments. Launched and primarily overseen by Allianz Global Investors Fund Management LLC, with Allianz Global Investors U.S. LLC serving as co-manager, this fund was established on March 31, 2003. Its investment strategy concentrates on the fixed-income markets within the United States, predominantly allocating capital to convertible securities and non-convertible high-yield bonds that are rated below investment grade. The fund aims for a diverse maturity profile, maintaining a weighted average maturity for its holdings typically ranging from five to ten years. Portfolio construction is driven by fundamental analysis and a bo ... ttom-up security selection approach, supported by proprietary models and in-house research capabilities.
Behind The Yield: A Closer Look At NCV
2026-06-13 03:48:41
Virtus Convertible & Income Fund offers a 9.6% yield but relies heavily on return of capital, leading to long-term NAV erosion. NCV's portfolio is highly leveraged (32.7%) and mostly below investment grade or unrated, amplifying both risk and return in volatile markets. The fund's high 4.20% expense ratio and persistent NAV decline undermine the sustainability of its attractive yield.
2026-06-03 17:35:00
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on June 30, 2026 to Series A cumulative preferred shareholders of record on June 23, 2026. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulative Prefer.
2026-06-03 17:05:00
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) today announced the following distributions on their respective common shares: Virtus Convertible & Income Fund: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NCV $0.136 June 15, 2026 June 29, 2026 NCV $0.136 July 13, 2026 July 30, 2026 NCV $0.136 August 13, 2026 August 28, 2026 Virtus Convertible & Income Fund II: Ticker Amount of D.
Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders
2026-06-02 09:00:00
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), Virtus Global Multi-Sector Income Fund (NYSE: VGI), Virtus Stone Harbor Emerging Markets Income.
2026-04-24 04:20:51
Shares of Virtus Convertible and Income Fund (NYSE: NCV - Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $15.78 and traded as high as $16.54. Virtus Convertible and Income Fund shares last traded at $16.3640, with a volume of 54,688
Frequently Asked Questions
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What is the current Virtus Convertible & Income Fund (NCV) stock price?
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Virtus Convertible & Income Fund(NYSE:NCV) stock price is $16.6 in the last trading session. During the trading session, NCV stock reached the peak price of $17.65 while $14.15 was the lowest point it dropped to. The percentage change in NCV stock occurred in the recent session was 1.47% while the dollar amount for the price change in NCV stock was $0.24.
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NCV's industry and sector of operation?
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The NYSE listed NCV is part of Asset Management - Income industry that operates in the broader Financial Services sector.
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Who are the executives of NCV?
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How many employees does NCV have?
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Number of NCV employees currently stands at None. NCV operates from 1633 Broadway, New York City, NY 10019, US.
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Link for NCV official website?
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Official Website of NCV is: https://www.allianzinvestors.com/Products/pages/12.aspx
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How do I contact NCV?
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NCV could be contacted at phone #212 739 3000 and can also be accessed through its website. NCV operates from 1633 Broadway, New York City, NY 10019, US.
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How many shares of NCV are traded daily?
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The average number of NCV shares traded daily for last 3 months was 83.51K.
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What is the market cap of NCV currently?
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The market value of NCV currently stands at $375.05M with its latest stock price at $16.6