Is Virtus Convertible & Income Fund II (NCZ) a Buy, Sell, or Hold?
NYSE : NCZ
Virtus Convertible & Income Fund II — News
$15.46 USD
$0.2 (1.31%)
- Volume
- 53.14K
- Average Volume
- 76.57K
- Market Capitalization
- $294.19M
- P/E Ratio
- 4.77
- Dividend Yield
- 9.31%
- Price Target
- Year High
- $16.00
- Year Low
- $12.95
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.40
- Current Ratio
- $0.60
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NCZ's Preferred Stock: Investment Grade Income With 6.8% Current Yield
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. seekingalpha.com - 2026-07-09 12:27:57 |
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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, 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. businesswire.com - 2026-06-03 17:45:00 |
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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. businesswire.com - 2026-06-03 17:05:00 |
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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. businesswire.com - 2026-06-02 09:00:00 |
