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NCV

Virtus Convertible & Income Fund

NCV

Market cap $357M

15.80 USD

-0.37

2.29%

At close Updated Sep 14, 3:28 PM EDT

1 day

-2.29%

5 days

-4.24%

1 month

-8.83%

3 months

-8.35%

6 months

3.67%

Year to date

3.4%

1 year

4.77%

5 years

-35.25%

10 years

-38.85%

About: Virtus Convertible & Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It intends to achieve the objective by investing in a portfolio of domestic convertible securities and non-convertible income-producing securities. Its portfolio of investments includes Software, the Internet, the Commercial Services sector in the form of Convertible Bonds and Notes, and Media, Oil, Gas & Consumable Fuels, and Entertainment sector in the form of Corporate Bonds and Notes.

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Neutral 100%

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Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

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 September 30, 2026 to Series A cumulative preferred shareholders of record on September 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 Cumulat.

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions

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 September 14, 2026 September 29, 2026 NCV $0.136 October 13, 2026 October 29, 2026 NCV $0.136 November 12, 2026 November 27, 2026 Virtus Convertible & Income Fund II.

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions

Virtus Closed-End Funds Announce Portfolio Management Refinements

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), and Virtus Equity & Convertible Income Fund (NYSE: NIE) (collectively, the “Funds”) announced today certain portfolio management refinements approved by the Board of Trustees. Under the refined portfolio management s.

Virtus Closed-End Funds Announce Portfolio Management Refinements

Behind The Yield: A Closer Look At NCV

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.

Behind The Yield: A Closer Look At NCV

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

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.

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions

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 Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions

Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders

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.

Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders

NCV: Dividend Coverage Improved But High Interest Rates Threaten Growth

Virtus Convertible & Income Fund remains a hold as growth potential is limited by elevated interest rates and aggressive leverage. NCV trades at a 10.62% discount to NAV and offers a 10% yield, but persistent NAV erosion and spotty dividend history raise sustainability concerns. Net investment income has declined, making distributions reliant on net realized gains and return of capital, which undermines long-term NAV stability.

NCV: Dividend Coverage Improved But High Interest Rates Threaten Growth

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

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 March 31, 2026 to Series A cumulative preferred shareholders of record on March 24, 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 Pref.

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions

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 March 16, 2026 March 30, 2026 NCV $0.136 April 13, 2026 April 29, 2026 NCV $0.136 May 11, 2026 May 28, 2026 Virtus Convertible & Income Fund II: Ticker Amount of Dis.

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions

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