Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II - Dividend Yieldverified

NCZ

Price:

$15.17

Market Cap:

$288.67M

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 ...[Read more]

Industry

Asset Management - Income

IPO Date

2003-07-29

Stock Exchange

NYSE

Ticker

NCZ

The Dividend Yield as of July 2026 (TTM) for Virtus Convertible & Income Fund II (NCZ) is 9.49%

According to Virtus Convertible & Income Fund II’s latest financial reports and current stock price. The company's current Dividend Yield is 9.49%. This represents a change of 86.98% compared to the average of 5.08% 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 11.36%. The current 9.49% Dividend Yield has changed -16.45% 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

11.36%

Median

11.25%

Minimum

8.85%

Maximum

14.32%

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 = 27.18%

Maximum Annual Dividend Yield = 14.32%

Minimum Annual Increase = -41.61%

Minimum Annual Dividend Yield = 8.85%

Quarterly (TTM)
Annual
YearDividend YieldChange
20269.95%-9.61%
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%

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

11.76%

5-year avg

11.48%

10-year avg

11.36%

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 (9.21%), less than BlackRock Income Trust, Inc. (10.39%), less than Rivernorth Managed Duration Municipal Income Fund Inc. (7.27%), less than LMP Capital and Income Fund Inc. (9.34%), less than MFS Charter Income Trust (9.02%), less than Putnam Managed Municipal Income Trust (5.16%), less than Aberdeen Multi-Market Income Fund (9.44%), less than Saba Capital Income & Opportunities Fund II (9.67%), less than First Trust Senior Floating Rate Income Fund II (11.90%), less than BlackRock Municipal Income Quality Trust (3.52%),

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Frequently asked questions❓

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