NCZ

Virtus Convertible & Income Fund II
NCZ
Market cap $254M

13.37 USD

+0.01

0.07%

At close Aug 26, 4:00 PM EDT

After hours

13.38

+0.01

0.07%

1 day

0.07%

5 days

1.60%

1 month

2.30%

3 months

9.95%

6 months

7.74%

Year to date

7.13%

1 year

11.79%

5 years

-22.27%

10 years

-48.42%

About: Virtus Convertible & Income Fund II is a diversified, closed-end management investment company. The investment objective of the company is to provide total return through a combination of capital appreciation and high current income. Its portfolio of investments includes different sector investments such as in healthcare services, media, oil, gas, and consumable fuels and others.

Financials Asset Management

0

Funds holding %

of 7,433 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

19% more capital invested

Capital invested by funds: $70.4M [Q1] → $83.9M (+$13.4M) [Q2]

11% more funds holding

Funds holding: 53 [Q1] → 59 (+6) [Q2]

2.88% more ownership

Funds ownership: 32.0% [Q1] → 34.89% (+2.88%) [Q2]

12% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 17

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Research analyst outlook

We haven’t received any recent analyst ratings for NCZ.

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Financial journalist opinion

Above 6.5% Yield From A-Rated Preferred: NCZ

Virtus Convertible & Income Fund II offers a high 10.96% dividend yield and currently trades at a 6.34% discount to NAV. The fund's portfolio is diversified with significant exposure to information technology, industrials, and financials. NCZ.PR.A preferred shares trade below par, yield 6.6%, are rated 'A' by Fitch, and offer cumulative, stable distributions.

Above 6.5% Yield From A-Rated Preferred: NCZ

NCZ: Convertibles Should Be Superior To Traditional Bonds

Virtus Convertible & Income Fund II offers high income via convertible bonds, providing better inflation protection than traditional fixed-income assets. Despite underperforming in share price versus benchmarks, the fund's total return has recently outpaced both the S&P 500 and convertible bond indices. The fund appears to have profited somewhat from MicroStrategy and Bitcoin, which is surprising, but rewarding to investors.

NCZ: Convertibles Should Be Superior To Traditional Bonds

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 July 11, 2025 July 30, 2025 NCV $0.136 August 11, 2025 August 28, 2025 Virtus Convertible & Income Fund II: Ticker Amount of Distribution Ex-Date/Record Date Payable.

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

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

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, 2025 to Series A cumulative preferred shareholders of record on June 12, 2025. 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.

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% 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 April 11, 2025 April 29, 2025 NCV $0.136 May 12, 2025 May 29, 2025 NCV $0.136 June 12, 2025 June 27, 2025 Virtus Convertible & Income Fund II: Ticker Amount of Distr.

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

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

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 March 31, 2025 to Series A cumulative preferred shareholders of record on March 17, 2025. 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 Prefe.

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

NCZ-A: A 6.7% Yielding A-Rated Addition To Our Portfolio

The equity market is overvalued, presenting an opportunity to switch to higher credit quality investments like Virtus Convertible & Income Fund II, 5.50% Series A Cumul Preferred Shares (NCZ-A). NCZ-A offers a 5.5% cumulative annual dividend, trading at $20.59 with a current yield of 6.70%, and is eligible for preferential tax rates. Virtus Convertible & Income Fund focuses on convertible securities and high-yield bonds, with a strong dividend yield of 11.24% and a consistent trading discount.

NCZ-A: A 6.7% Yielding A-Rated Addition To Our Portfolio

NCV, NCZ Announces Date of Reverse Stock Splits

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) announced that a 1-for-4 reverse stock split of the issued and outstanding shares of each Fund will be effective as of the start of trading on Monday, February 10, 2025 (“Effective Date”). The reverse stock splits were previously announced, approved by each Fund's board, and are intended to enhance shareholder value. As a result of the reverse stock splits,.

NCV, NCZ Announces Date of Reverse Stock Splits

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

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 December 31, 2024 to Series A cumulative preferred shareholders of record on December 12, 2024. 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.

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

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