Virtus Convertible & Income Fund (NCV) Research

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.

Market snapshot

Symbol
NCV
Price
$17.57
Day change
+2.03%
Market cap
$397.0M
P/E ratio
5.51x
52-week range
13.51-17.6
Sector
Financial Services
Industry
Asset Management - Income

Peer companies

  • Virtus Diversified Income & Convertible Fund (ACV)
  • AllianceBernstein National Municipal Income Fund, Inc. (AFB)
  • Liberty All-Star Growth Fund, Inc. (ASG)
  • Saba Capital Income & Opportunities Fund (BRW)
  • Highland Funds I - Highland Income Fund (HFRO)
  • Nuveen Real Asset Income and Growth Fund (JRI)
  • Nuveen New York Quality Municipal Income Fund (NAN)
  • PIMCO Income Strategy Fund (PFL)

Recent insider activity

  • MCDANIEL CONNIE D — P-Purchase (367 shares) on 2025-06-16
  • BURKE DONALD C — trade (0 shares) on 2024-06-04
  • Toms Matthew — trade (0 shares) on 2024-01-10
  • Oberto David J. — D-Return (138.5882 shares) on 2023-10-06
  • MetLife Investment Management, LLC — trade (0 shares) on 2023-05-26

Open Virtus Convertible & Income Fund (NCV) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.