NYSE · Asset Management · USD

Virtus Convertible & Income Fund II (NCZ) Stock Analysis

Virtus Convertible & Income Fund II (NCZ) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

NCZ

$14.23

+$0.24 (+1.72%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NCZ Key Statistics

As of Oct 21, 2026

Trading

Open: $14.06
Previous Close: $13.99
Day's Range: 13.88–14.27
52-Week Range: 12.95–16.17
Volume: 43.77K
Beta: 1.23

Valuation

Market Cap: $270.78M
P/E Ratio: 3.19
P/S ratio: 16.94
EPS (ttm): 4.46

Financials (FY)

Revenue (FY): $68.16M+28.74%
Net Income (FY): $67.71M+29.08%
Profit margin: 497.64%
Shares Outstanding: 19.03M
1-Year Return: +11.28%

Dividend and dates

Dividend: $1.44+10.29%
Ex-Dividend Date: November 12, 2026
Avg Volume: 56.20K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NCZ closed at $14.23, +11.28% over 1 year.

Virtus Convertible & Income Fund II (NCZ) has a market capitalization of $270.78M.

In fiscal 2025, NCZ reported revenue of $68.16M.

NCZ Stock Return by Calendar Year

Virtus Convertible & Income Fund II (NCZ) 10-year return: what $10,000 became

1 year: $10,000 $11,128; +11.28%
5 years: $10,000 $11,590; +15.90%
10 years: $10,000 $18,846; +88.46%

If you had invested $10,000 in Virtus Convertible & Income Fund II (NCZ) 10 years ago, at the close on October 21, 2016, it would have been worth $18,846 at the close on October 21, 2026: +88.46% in total, +6.54% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+27.23%−35.82%+9.24%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+9.24%
2025	+23.23%
2024	+18.40%
2023	+17.80%
2022	−35.82%
2021	+9.37%
2020	+11.16%
2019	+27.23%
2018	−18.58%
2017	+25.02%
2016 (partial year)	+3.89%

As of October 21, 2026.

NCZ Revenue and Earnings by Fiscal Year

FY ends January

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$68.16M	$67.71M	99.3%
2024	$52.95M	$52.45M	99.1%
2023	$7.76M	$7.39M	95.2%
2022	−$60.81M	−$61.70M	101.5%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$68.16M	—	—	$67.71M	99.3%
2024	$52.95M	—	—	$52.45M	99.1%
2023	$7.76M	—	—	$7.39M	95.2%
2022	−$60.81M	—	—	−$61.70M	101.5%

Annual figures as reported, in the company's reporting currency. As of January 31, 2026.

NCZ Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$1.44+0.0% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$1.08	9	—
2025	$1.44	12	+0.0%
2024	$1.44	12	−6.3%
2023	$1.54	12	−15.8%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.08	9	—
2025	$1.44	12	+0.0%
2024	$1.44	12	−6.3%
2023	$1.54	12	−15.8%
2022	$1.82	12	+0.0%
2021	$1.82	12	−4.4%
2020	$1.91	12	−17.6%
2019	$2.32	12	−16.8%
2018	$2.78	12	−19.4%
2017	$3.45	13	+644.0%
2016	$0.46	2	—

Most recent payment: $0.12 per share, ex-dividend September 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NCZ Valuation vs Asset Management Median

Median of 512 stocks

Metric	NCZ	Asset Management median	vs median
P/E	3.19	9.44	66% below
P/S ratio	16.94	8.59	97% above
Profit margin	497.64%	74.97%	422.7 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Virtus Convertible & Income Fund II (NCZ) at $270.78M. It is classified in the Asset Management industry, within the Financial Services sector.

The most recent close on file for NCZ is $14.23, dated October 21, 2026. That is +$0.24 (+1.72%) against the previous close. The 52-week range on file runs from $12.95 to $16.17. The latest close sits 9.88% above that 52-week low.

Financial Health

In fiscal 2025, Virtus Convertible & Income Fund II reported revenue of $68.16M. That is +28.74% against the prior fiscal year, when revenue was $52.95M. Net income for the same year was $67.71M. That is +29.08% against the prior fiscal year. Profit margin runs at 497.64%. That is 422.7 percentage points above the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 4.46.

Across the 4 fiscal years on file, revenue moves from −$60.81M in 2022 to $68.16M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 3.19. That is 66.21% below the Asset Management median of 9.44. The price-to-sales ratio is 16.94. On price-to-sales that is 97.1% above the Asset Management median of 8.59. The medians here are taken across 512 Asset Management companies that report the metric.

Beta against the wider market is reported at 1.23. Annualized volatility over the trailing 10 years is 24.38%. Over the trailing twelve months the total return is +11.28%. Measured over 10 years, that is +6.54% a year compounded.

Growth & Income

NCZ pays a dividend yielding 10.29%. That is 1.4 percentage points above the Asset Management median yield of 8.91%. At the indicated rate that is $1.44 a share a year. The ex-dividend date on file is November 12, 2026. Dividends are recorded for 11 calendar years; 2026 shows 9 payments totalling $1.08 a share. The year before, 2025, totalled $1.44 a share.

The strongest complete calendar year on file is 2019 at +27.23%; the weakest is 2022 at −35.82%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the total return is +9.24%.

Peer Comparison

Virtus Convertible & Income Fund II (NCZ) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Virtus Convertible & Income Fund II	NCZ	$270.78M	3.2
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. Virtus Convertible & Income Fund II trades at a P/E of 3.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund II. Virtus Convertible & Income Fund II was formed on July 31, 2003 and is domiciled in the United States.

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