Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II - ROEverified

NCZ

Price:

$15.91

Market Cap:

$302.75M

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 ROE as of June 2026 (TTM) for Virtus Convertible & Income Fund II (NCZ) is 17.15%

According to Virtus Convertible & Income Fund II’s latest financial reports and current stock price. The company's current ROE is 17.15%. This represents a change of 121.25% compared to the average of 7.75% of the last 4 quarters.

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

How has NCZ ROE performed in the past?

The mean historical ROE of Virtus Convertible & Income Fund II over the last ten years is 5.82%. The current 17.15% ROE has changed 194.54% with respect to the historical average. Over the past ten years (40 quarters), NCZ's ROE was at its highest in in the August 2016 quarter at 14.54%. The ROE was at its lowest in in the February 2016 quarter at -14.47%.

Quarterly (TTM)
Annual

Average

5.82%

Median

5.27%

Minimum

-16.02%

Maximum

19.96%

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

Discovering the peaks and valleys of Virtus Convertible & Income Fund II ROE, 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 = 574.34%

Maximum Annual ROE = 19.96%

Minimum Annual Increase = -721.80%

Minimum Annual ROE = -16.02%

Quarterly (TTM)
Annual
YearROEChange
202616.46%18.31%
202513.92%574.34%
20242.06%-112.88%
2023-16.02%266.69%
2022-4.37%-126.41%
202116.54%203.39%
20205.45%-721.80%
2019-0.88%-117.25%
20185.08%-74.53%
201719.96%-195.11%

Virtus Convertible & Income Fund II (NCZ) Average ROE

How has NCZ ROE performed in the past?

The current ROE 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

10.82%

5-year avg

2.41%

10-year avg

5.82%

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

How is NCZ’s ROE compared to its peers?

Virtus Convertible & Income Fund II’s ROE is less than Abrdn Emerging Markets Equity Income Fund Inc (33.02%), less than BlackRock Income Trust, Inc. (10.23%), greater than Rivernorth Managed Duration Municipal Income Fund Inc. (-4.18%), greater than LMP Capital and Income Fund Inc. (-0.25%), less than MFS Charter Income Trust (6.28%), less than Putnam Managed Municipal Income Trust (3.16%), less than Aberdeen Multi-Market Income Fund (7.66%), less than Saba Capital Income & Opportunities Fund II (17.22%), less than First Trust Senior Floating Rate Income Fund II (6.21%), greater than BlackRock Municipal Income Quality Trust (-5.40%),

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