Is Virtus Convertible & Income Fund II (NCZ) a Buy, Sell, or Hold?
NYSE : NCZ
Virtus Convertible & Income Fund II
$15.04 USD
$0.25 (1.69%)
- Volume
- 125.03K
- Average Volume
- 76.61K
- Market Capitalization
- $286.2M
- P/E Ratio
- 4.64
- Dividend Yield
- 9.57%
- Price Target
- Year High
- $16.00
- Year Low
- $12.94
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.40
- Current Ratio
- $0.60
Company Overview
NYSE
George Robert Aylward
Asset Management - Income
Financial Services
NCZ
N/A
US
USD
Liquidity Metrics
0.06
0.60
0.60
0.60
0.40
Sales & Valuation
$56.28M
4.05
0.83
15.06
0.84
Profitability
$3.24
$67.7M
95.71%
95.71%
17.15%
14.35%
P/E Metrics
4.64
0.14
0.14
Analyst Price Target & Rating
5/5
0 Analysts
%
Poll Results
About Virtus Convertible & Income Fund II (NYSE:NCZ) Stock
The Virtus Convertible & Income Fund II is a closed-end mutual fund focused on fixed income, launched and managed by Allianz Global Investors Fund Management LLC, with Allianz Global Investors U.S. LLC serving as co-manager. The fund's investment strategy concentrates on fixed income markets within the United States, primarily allocating capital to convertible instruments and high-yield, non-convertible bonds rated below investment grade. Its holdings generally feature a weighted average maturity ranging from five to ten years. Portfolio construction relies on fundamental analysis and a bottom-up security selection approach, supported by proprietary models and internal research. Established on July 31, 2003, and domiciled in the U.S., the fund was formerly known as AGIC Convertible & Incom ... e Fund II.
NCZ's Preferred Stock: Investment Grade Income With 6.8% Current Yield
2026-07-09 12:27:57
Virtus Convertible & Income Fund II offers a high-yield preferred stock with a 6.8% current yield and 'A' Fitch rating. NCZ.PR.A trades below par, is already callable, and leads peers in yield among A-rated CEF preferreds, providing capital protection for conservative investors. NCZ's dividend yield is 9.33% and trade at a 10% discount to NAV, but it faces risks from high leverage (32%) and elevated expense ratios.
2026-06-03 17:45:00
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund II (NYSE: NCZ) announced today that it has declared a $0.34375 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 NCZ PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.375 per share. The 4,360,000 Series A Cumulative Preferr.
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.
Pass On Virtus Convertible & Income Fund II, The Alpha Is In Its Preferred
2026-04-29 13:49:46
Virtus Convertible & Income Fund II preferred stock offers a compelling opportunity with an 'A' Fitch rating and a 6.77% yield. Dividend and asset coverage ratios are robust, with preferred payments well covered and asset coverage at 285%, well above regulatory minimums. NCZ-A stands out among A-rated CEF preferreds for its superior current yield and deep discount to par, providing capital appreciation potential.
2026-04-21 03:22:47
Virtus Convertible and Income Fund II (NYSE: NCZ - Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $14.13 and traded as high as $14.93. Virtus Convertible and Income Fund II shares last traded at $14.9090, with a volume of 53,884 shares traded.
Frequently Asked Questions
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What is the current Virtus Convertible & Income Fund II (NCZ) stock price?
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Virtus Convertible & Income Fund II(NYSE:NCZ) stock price is $15.04 in the last trading session. During the trading session, NCZ stock reached the peak price of $16 while $12.94 was the lowest point it dropped to. The percentage change in NCZ stock occurred in the recent session was 1.69% while the dollar amount for the price change in NCZ stock was $0.25.
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NCZ's industry and sector of operation?
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The NYSE listed NCZ is part of Asset Management - Income industry that operates in the broader Financial Services sector.
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Who are the executives of NCZ?
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How many employees does NCZ have?
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Number of NCZ employees currently stands at None. NCZ operates from 1633 Broadway, New York City, NY 10019, US.
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Link for NCZ official website?
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Official Website of NCZ is: https://www.allianzinvestors.com/Products/pages/14.aspx
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How do I contact NCZ?
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NCZ could be contacted at phone #212 739 3000 and can also be accessed through its website. NCZ operates from 1633 Broadway, New York City, NY 10019, US.
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How many shares of NCZ are traded daily?
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The average number of NCZ shares traded daily for last 3 months was 76.61K.
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What is the market cap of NCZ currently?
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The market value of NCZ currently stands at $286.2M with its latest stock price at $15.04