Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund IIverified

NCZ

Price:

$13.99

Market Cap:

$266.21M

Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was ...[Read more]

Industry

Asset Management - Income

IPO Date

2003-07-29

Stock Exchange

NYSE

Ticker

NCZ

The Dividend Yield as of December 2025 (TTM) for Virtus Convertible & Income Fund II (NCZ) is 10.29%

According to Virtus Convertible & Income Fund II’s latest financial reports and current stock price. The company's current Dividend Yield is 10.29%. This represents a change of 62.83% compared to the average of 6.32% of the last 4 quarters.

Virtus Convertible & Income Fund II (NCZ) Historical Dividend Yield (quarterly & annually)

How has NCZ Dividend Yield performed in the past?

The mean historical Dividend Yield of Virtus Convertible & Income Fund II over the last ten years is 12.28%. The current 10.29% Dividend Yield has changed -16.19% with respect to the historical average. Over the past ten years (40 quarters), NCZ's Dividend Yield was at its highest in in the January 2024 quarter at 7.29%. The Dividend Yield was at its lowest in in the August 2014 quarter at 1.25%.

Quarterly (TTM)
Annual

Average

12.28%

Median

11.74%

Minimum

8.85%

Maximum

19.15%

Virtus Convertible & Income Fund II (NCZ) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Virtus Convertible & Income Fund II Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 586.11%

Maximum Annual Dividend Yield = 19.15%

Minimum Annual Increase = -41.61%

Minimum Annual Dividend Yield = 8.85%

Quarterly (TTM)
Annual
YearDividend YieldChange
202511.01%-23.13%
202414.32%15.62%
202312.39%27.18%
20229.74%10.07%
20218.85%-27.28%
202012.17%-4.05%
201912.68%12.13%
201811.31%1.15%
201711.18%-41.61%
201619.15%586.11%

Virtus Convertible & Income Fund II (NCZ) Average Dividend Yield

How has NCZ Dividend Yield performed in the past?

The current Dividend Yield of Virtus Convertible & Income Fund II (NCZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.57%

5-year avg

11.26%

10-year avg

12.28%

Virtus Convertible & Income Fund II (NCZ) Dividend Yield vs. Peers

How is NCZ’s Dividend Yield compared to its peers?

Virtus Convertible & Income Fund II’s Dividend Yield is less than Abrdn Emerging Markets Equity Income Fund Inc (8.35%), less than BlackRock Income Trust, Inc. (9.59%), less than Rivernorth Managed Duration Municipal Income Fund Inc. (7.79%), less than LMP Capital and Income Fund Inc. (9.51%), less than MFS Charter Income Trust (8.44%), less than Putnam Managed Municipal Income Trust (4.80%), less than MFS Multimarket Income Trust (8.51%), less than Saba Capital Income & Opportunities Fund II (7.95%), less than First Trust Senior Floating Rate Income Fund II (12.21%), less than BlackRock Municipal Income Quality Trust (6.09%),

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