Virtus Convertible & Income Fund – NYSE:NCV

Add to watchlist

$14.47

+10.97

+313.43%

Market closed

Open in about 9 hours

+3.86%

month

+3.86%

quarter

+2.64%

year

Market Cap	314.95M
Enterprise value	414.86M

P/E	20.92
EV/Sales	17.07
EV/EBITDA	19.64
Price/Sales	13.02
Price/Book	0.82
PEG ratio	0.31
EPS	2.01

Revenue	1.09M
EBITDA	-17.36M
Income	182.15M
Revenue Q/Q	N/A
Revenue Y/Y	N/A

Profit margin	70.41%
Oper. margin	82.74%
Gross margin	83.64%
EBIT margin	82.74%
EBITDA margin	-1586.66%

Get more financial ratios!

Every financial ratio you might need
10 years history
Forward ratios (Analysts estimates)

Personalize your watchlist with companies you want to keep track of and get notified in the smart feed every time fresh news arrives.

Virtus Convertible & Income Fund (NYSE:NCV): Profit margin
Apr 2023	6.14M	4.88M	79.38%
Jul 2023	-13.35M	90.37M	-676.55%
Oct 2023	6.14M	-3.46M	-56.42%
Jan 2024	2.15M	90.37M	4193.67%

Dividends

Paying a dividend greater than earnings.

Virtus Convertible & Income Fund (NYSE:NCV): Payout ratio
Payout ratio	233.6%

Virtus Convertible & Income Fund (NYSE:NCV): Dividend Yield
2016	18.96%
2017
2019
2020
2022

NCV dividends history

Virtus Convertible & Income Fund (NYSE:NCV): Debt to assets
Apr 2023	566167000	107.97M	19.07%
Jul 2023	566167000	107.97M	19.07%
Oct 2023	553532000	120.54M	21.78%
Jan 2024	553532000	120.70M	21.81%

Virtus Convertible & Income Fund (NYSE:NCV): Cash Flow
Apr 2023	57.21M	0	-45.72M
Jul 2023	-1.26M	90.54M	-91.45M
Oct 2023	6.98M	0	-10.84M
Jan 2024	8.65M	2.32M	-11.84M

Virtus Convertible & Income Fund
Insider Trading

Virtus Convertible & Income Fund (NYSE:NCV): Insider trades (number of shares)
Period	Buy	Sel
Apr 2021	2715	0
Oct 2021	12892	0
Dec 2021	8821	0
Feb 2022	2100	0
Mar 2022	989	0

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Purchase	3 Mar 2022	DECOTIS DEBORAH A director: director:	Common Stock	989	$5.03	$4,975
Purchase	25 Feb 2022	MCLOUGHLIN PHILIP R director director	Common Stock	2,100	$4.95	$10,385
Purchase	21 Dec 2021	AYLWARD GEORGE R director, officer..	Common Stock	8,821	$5.67	$49,997
Purchase	1 Oct 2021	MACLEOD JAMES S director director	Common Stock	12,892	$5.95	$76,643
Purchase	29 Apr 2021	DRUMMOND F FORD director director	Common Stock	1,715	$5.81	$9,964
Purchase	27 Apr 2021	RAPPAPORT ALAN director director	Common Stock	1,000	$5.86	$5,860
Purchase	5 Feb 2021	UBS GROUP AG 10 percent owner 10 percent owner	Common Shares	450	$5.88	$2,644
Purchase	21 Aug 2019	COGAN SARAH E director director	Common Stock	1,800	$5.7	$10,258
Sale	17 Jun 2019	UBS GROUP AG 10 percent owner 10 percent owner	Cumulative Preferred Shares Series A	29	$25.2	$731
Purchase	20 Dec 2017	MACLEOD JAMES S director director	Common Stock	1,000	$7.06	$7,060

NCV insider trading transactions

Virtus Convertible & Income Fund
Latest News

Friday, 13 December 2024
09:15	NCV: 11% Yield, 9% Discount On Convertibles	seekingalpha.com
Monday, 2 December 2024
16:10	Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares	businesswire.com
Saturday, 30 November 2024
22:47	CEF Weekly Review: Emerging Market Debt Remains A Tricky Income Holding	seekingalpha.com
Wednesday, 20 November 2024
16:36	NCV, NCZ Announce Reverse Stock Splits and Monthly Distributions	businesswire.com
Wednesday, 2 October 2024
08:51	Want $1,200 in Annual Passive Income? Invest $1,200 in Each Of These 9 Stocks	247wallst.com
Tuesday, 3 September 2024
16:15	Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares	businesswire.com
Thursday, 6 June 2024
16:45	Two Virtus Closed-End Funds Announce Two Monthly Distributions: NCV, NCZ	businesswire.com
Tuesday, 4 June 2024
09:00	Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders	businesswire.com
Monday, 3 June 2024
16:15	Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares	businesswire.com
Wednesday, 15 May 2024
10:56	NCV: Continued NAV Destruction Plagues This Fund In The New Fiscal Year	Seeking Alpha
Friday, 19 April 2024
16:32	How To Generate $10,000 In Passive Income This Year	24/7 Wall Street
Tuesday, 2 April 2024
10:30	These ‘Chameleon' 9%+ Dividends Will Be The Income Play Of The Decade	Forbes
Tuesday, 23 January 2024
11:29	NCV: The Best Option Is To Get Out Of This Underperforming Fund Today	Seeking Alpha
Thursday, 2 November 2023
11:53	NCV: Troubled History But Novel Concept	Seeking Alpha
Friday, 19 May 2023
07:34	NCV: The Preferred Shares Look More Attractive Than The Common	Seeking Alpha
Tuesday, 21 March 2023
10:23	Weekly Closed-End Fund Roundup: March 12, 2023	Seeking Alpha
Saturday, 18 March 2023
11:02	CEF Weekly Review: More Of The Same On The Distribution Front	Seeking Alpha
Wednesday, 22 February 2023
14:48	NCV And NCZ: Discounts Narrow For Both, But One Looking More Appealing	Seeking Alpha
Tuesday, 15 November 2022
12:59	Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)	Seeking Alpha
Saturday, 12 November 2022
05:25	NCZ: Distribution Suspension And Resumption Creates Swap Opportunity With NCV	Seeking Alpha
Tuesday, 1 November 2022
12:51	Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)	Seeking Alpha
Wednesday, 26 October 2022
13:44	Virtus Convertible & Income Fund: Better Valuation, But Still Cautious	Seeking Alpha
Monday, 24 October 2022
12:22	Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)	Seeking Alpha
Tuesday, 11 October 2022
11:29	Bargain Hunting Time: 3 Deeply Discounted Funds Yielding 12%+	Forbes
Saturday, 19 February 2022
02:51	NCZ: Higher Yield And Attractively Discounted, But Some Concerns	Seeking Alpha
Saturday, 20 November 2021
13:29	CEF Weekly Market Review: CEF Market Pushes Through Inflation Scare	Seeking Alpha
Sunday, 14 November 2021
04:57	CEF Weekly Market Review: CEF Hedges Often Promise More Than They Deliver	Seeking Alpha
Friday, 5 November 2021
17:07	NCV: Discount Narrows And Distribution Coverage Slips	Seeking Alpha
Thursday, 28 October 2021
15:22	Relative Value CEF Opportunities: More Alpha In A Less Beta Environment	Seeking Alpha
Sunday, 17 October 2021
02:38	CEF Weekly Market Review: Market Shrugs Off Treasury Weakness	Seeking Alpha

Frequently Asked Questions (FAQ)

What's the price of Virtus Convertible & Income Fund stock today?

One share of Virtus Convertible & Income Fund stock can currently be purchased for approximately $14.47.
When is Virtus Convertible & Income Fund's next earnings date?

Unfortunately, Virtus Convertible & Income Fund's (NCV) next earnings date is currently unknown.
Does Virtus Convertible & Income Fund pay dividends?

Yes, Virtus Convertible & Income Fund pays dividends and its trailing 12-month yield is 11.66% with 234% payout ratio.It means that the company is paying a dividend greater than earnings. The last Virtus Convertible & Income Fund stock dividend of $0.04 was paid on 1 Mar 2022.
How much money does Virtus Convertible & Income Fund make?

Virtus Convertible & Income Fund has a market capitalization of 314.95M and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 14.8% to 24.6M US dollars.
What is Virtus Convertible & Income Fund's stock symbol?

Virtus Convertible & Income Fund is traded on the NYSE under the ticker symbol "NCV".
What is Virtus Convertible & Income Fund's primary industry?

Company operates in the Financial Services sector and Asset Management - Income industry.
How do i buy shares of Virtus Convertible & Income Fund?

Shares of Virtus Convertible & Income Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
When Virtus Convertible & Income Fund went public?

Virtus Convertible & Income Fund is publicly traded company for more then 22 years since IPO on 31 Mar 2003.
What is Virtus Convertible & Income Fund's official website?

The official website for Virtus Convertible & Income Fund is allianzinvestors.com.
Where are Virtus Convertible & Income Fund's headquarters?

Virtus Convertible & Income Fund is headquartered at 1633 Broadway, New York, NY.
How can i contact Virtus Convertible & Income Fund?

Virtus Convertible & Income Fund's mailing address is 1633 Broadway, New York, NY and company can be reached via phone at +212 7393000.

Virtus Convertible & Income Fund

allianzinvestors.com

Exchange:

NYSE

Full time employees:

Industry:

Asset Management - Income

Sector:

Financial Services

Virtus Convertible & Income Fund 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 with a broad range of maturities, with a weighted average maturity ranging between five to ten years. The fund 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. Virtus Convertible & Income Fund was formed on March 31, 2003 and is domiciled in the United States.

+212 7393000

1633 Broadway
New York, NY 10019

CIK: 0001214935
ISIN: US92838X1028
CUSIP: 92838X102