Virtus Convertible & Income Fund II (NCZ) Research

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.

Market snapshot

Symbol
NCZ
Price
$15.91
Day change
+1.47%
Market cap
$302.8M
P/E ratio
5.35x
52-week range
12.18-15.99
Sector
Financial Services
Industry
Asset Management - Income

Peer companies

  • Abrdn Emerging Markets Equity Income Fund Inc (AEF)
  • BlackRock Income Trust, Inc. (BKT)
  • BlackRock Municipal Income Quality Trust (BYM)
  • First Trust Senior Floating Rate Income Fund II (FCT)
  • MFS Charter Income Trust (MCR)
  • Aberdeen Multi-Market Income Fund (MMT)
  • Putnam Managed Municipal Income Trust (PMM)
  • Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)

Recent insider activity

  • MCDANIEL CONNIE D — P-Purchase (422 shares) on 2025-06-17
  • BURKE DONALD C — trade (0 shares) on 2024-06-04
  • Toms Matthew — trade (0 shares) on 2024-01-10
  • MetLife Investment Management, LLC — trade (0 shares) on 2023-05-26
  • MCDANIEL CONNIE D — trade (0 shares) on 2023-05-23

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