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
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 22.59M shares outstanding
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
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
| Director | Purchase | 356 | $6.0K | Aug 18, 2026 | |
| Director | Purchase | 367 | $5.0K | Jun 16, 2025 |
| Name | Shares | % | Source |
|---|---|---|---|
Morgan Stanley I.R.S. # 36-3145972 · also on 13F· may incl. warrants· filed Feb 2024 | 1.3M | 5.9% | 13G |
MORGAN STANLEY | 1.2M | 5.3% | 13F |
Congress Park Capital LLC | 818.7K | 3.6% | 13F |
Advisors Asset Management, Inc. | 662.0K | 2.9% | 13F |
GUGGENHEIM CAPITAL LLC | 517.7K | 2.3% | 13F |
Penserra Capital Management LLC | 393.6K | 1.7% | 13F |
LPL Financial LLC | 388.0K | 1.7% | 13F |
Saba Capital Management, L.P. | 336.5K | 1.5% | 13F |
ENVESTNET ASSET MANAGEMENT INC | 305.0K | 1.4% | 13F |
AMERIPRISE FINANCIAL INC | 261.3K | 1.2% | 13F |
Insiders
- MCDANIEL CONNIE DDirector
based on 22.59M shares outstanding
30d Avg
93.99K
60d Avg
82.47K
90d Avg
72.20K