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Virtus Convertible & Income Fund (NCV)

The Virtus Convertible & Income Fund, previously known as AGIC Convertible & Income Fund, is a U.S.-domiciled, closed-end mutual fund specializing in fixed-income investments. Launched and primarily overseen by Allianz Global Investors Fund Management LLC, with Allianz Global Investors U.S. LLC serving as co-manager, this fund was established on March 31, 2003. Its investment strategy concentrates on the fixed-income markets within the United States, predominantly allocating capital to convertible securities and non-convertible high-yield bonds that are rated below investment grade. The fund aims for a diverse maturity profile, maintaining a weighted average maturity for its holdings typically ranging from five to ten years. Portfolio construction is driven by fundamental analysis and a bottom-up security selection approach, supported by proprietary models and in-house research capabilities.

Industry: Asset Management - Income

Virtus Convertible & Income Fund logo

Virtus Convertible & Income Fund

NYSE:NCVFinancial Services
+0.54%$14.95
AH Close$14.95+0.00%vs close
Mkt Cap$337.77M
Float22.59M
O/S22.59M
Inst Own29.1%
Div Yield10.92%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$337.77M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership29.11%

based on 22.59M shares outstanding

SectorFinancial Services
IndustryAsset Management - Income
ExchangeNYSE
CountryUSUS
IPO DateMar 31, 2003
Shares Outstanding22.59M
Float22.59M
Company Overview

The Virtus Convertible & Income Fund, previously known as AGIC Convertible & Income Fund, is a U.S.-domiciled, closed-end mutual fund specializing in fixed-income investments. Launched and primarily overseen by Allianz Global Investors Fund Management LLC, with Allianz Global Investors U.S. LLC serving as co-manager, this fund was established on March 31, 2003.

Its investment strategy concentrates on the fixed-income markets within the United States, predominantly allocating capital to convertible securities and non-convertible high-yield bonds that are rated below investment grade. The fund aims for a diverse maturity profile, maintaining a weighted average maturity for its holdings typically ranging from five to ten years. Portfolio construction is driven by fundamental analysis and a bottom-up security selection approach, supported by proprietary models and in-house research capabilities.

Leadership

Amy Hackett

Vice President and Assistant Treasurer

Brian T. Zino

Trustee

Connie D. McDaniel

Class II Trustee of AIO

F. Ford Drummond

President (since 1998), F.G. Drummond Ranches, Inc.

Employees

--

Country

US

Sector

Financial Services

Website

allianzinvestors.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trading
InsiderTypeShares
MCDANIEL CONNIE D profile photoMCDANIEL CONNIE DPurchase356
MCDANIEL CONNIE D profile photoMCDANIEL CONNIE DPurchase367
Shareholders
29.1%
Institutional
(60)
0.0%
Insiderⓘ
(1)
0.0%
5%+ Owners
(0)
70.9%
Unattributed (incl. retail)ⓘ
Institutional29.1%
Insider0.0%
Unattributed (incl. retail)70.9%
Sources: 13F, Form 4, 13D/13GO/S: 22.6M · date not recorded · SEC EDGAR
Insiders & Institutional Holders
52-Week Range
$14.46$17.65
$14.95(15th percentile)
Volume
Average Daily Volume93.99K
31.38K today vs 93.99K avg(-67%)

30d Avg

93.99K

60d Avg

82.47K

90d Avg

72.20K

Earnings
Dividend History
TTM Yield
10.92%
Paid monthly
Annual (LTM)
$1.63
Latest
$0.1360
Nov 12, 26
5Y Growth
--
Compliance Status
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