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Virtus Convertible & Income Fund II (NCZ)

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 on July 31, 2003, and domiciled in the U.S., the fund was formerly known as AGIC Convertible & Income Fund II.

Industry: Asset Management - Income

Virtus Convertible & Income Fund II logo

Virtus Convertible & Income Fund II

NYSE:NCZFinancial Services
-0.43%$13.91
AH Close$13.91+0.00%vs close
Mkt Cap$264.69M
Float19.02M
O/S19.03M
Inst Own40.6%
Div Yield10.35%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$264.69M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership40.61%

based on 19.03M shares outstanding

SectorFinancial Services
IndustryAsset Management - Income
ExchangeNYSE
CountryUSUS
IPO DateJul 29, 2003
Shares Outstanding19.03M
Float19.02M
Company Overview

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 on July 31, 2003, and domiciled in the U.S., the fund was formerly known as AGIC Convertible & Income Fund II.

Leadership

Amy Hackett

Vice President and Assistant Treasurer

Brian T. Zino

Class I Trustee of AIO; Class III Trustee of NCV; Class I Trustee of NCZ; Class I Trustee of ACV; Class I Trustee of NFJ; Class I Trustee of NIE; Class I Trustee of VGI; Class II Trustee of EDF; Class III Director of ZTR

Cogan, Sarah E.

Class III Trustee of AIO

Connie D. McDaniel

Class II Trustee of AIO

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 DPurchase382
MCDANIEL CONNIE D profile photoMCDANIEL CONNIE DPurchase422
Shareholders
40.6%
Institutional
(65)
0.0%
Insiderⓘ
(1)
0.0%
5%+ Owners
(0)
59.4%
Unattributed (incl. retail)ⓘ
Institutional40.6%
Insider0.0%
Unattributed (incl. retail)59.4%
Sources: 13F, Form 4, 13D/13GO/S: 19.0M · date not recorded · SEC EDGAR
Insiders & Institutional Holders
52-Week Range
$12.95$16.17
$13.91(30th percentile)
Volume
Average Daily Volume71.05K
17.53K today vs 71.05K avg(-75%)

30d Avg

71.05K

60d Avg

58.53K

90d Avg

56.24K

Earnings
Dividend History
TTM Yield
10.35%
Paid monthly
Annual (LTM)
$1.44
Latest
$0.1200
Nov 12, 26
5Y Growth
--
Compliance Status
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