Virtus Convertible & Income Fund – NYSE:NCV

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$14.47

+10.97

+313.43%

Market closed

Open in about 12 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%

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10 years history
Forward ratios (Analysts estimates)

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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