US · NCZ
Virtus Convertible & Income Fund II
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- New York City, NY 10019
- Website
- allianzinvestors.com
Price · as of 2025-01-31
$15.20
Market cap 280.11M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $155.30 | +921.71% |
| Intrinsic Value(DCF) | $28.76 | +89.21% |
| Graham-Dodd Method(GD) | $11.99 | -21.12% |
| Graham Formula(GF) | $384.15 | +2,427.31% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | |||||
| 2012 | |||||
| 2013 | $7.80 | ||||
| 2014 | $9.74 | $29.54 | $0.00 | $19.58 | $29.56 |
| 2015 | $9.08 | $22.46 | $3.61 | $0.00 | $0.00 |
| 2016 | $6.44 | $300.31 | $15.71 | $0.00 | $517.84 |
| 2017 | $8.77 | $141.86 | $19.78 | $78.49 | $513.74 |
| 2018 | $9.66 | $48.55 | $0.00 | $47.82 | $230.81 |
| 2019 | $9.41 | $94.60 | $0.00 | $32.96 | $30.05 |
| 2020 | $7.30 | $760.14 | $176.44 | $42.53 | |
| 2021 | $11.62 | $38.94 | $147.24 | $68.42 | $23.11 |
| 2022 | $10.30 | $36.72 | $98.85 | $26.67 | $37.80 |
| 2023 | $8.54 | $176.75 | $0.00 | $4.02 | $685.07 |
| 2024 | $9.03 | $124.32 | $20.14 | $0.00 | |
| 2025 | $9.78 | $155.30 | $307.20 | $11.99 | $384.15 |
AI valuation
Our deep-learning model estimates Virtus Convertible & Income Fund II's (NCZ) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $155.30
- Current price
- $15.20
- AI upside
- +921.71%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$28.76
+89.21% upside
Graham-Dodd
$11.99
-21.12% upside
Graham Formula
$384.15
+2,427.31% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| NCZ | Virtus Convertible & Inco… | $15.20 | 280.11M | +922% | +89% | -21% | +2,427% | 4.01 | 0.49 | 4.30 | 4.07 | 0.12 | 0.49 | 41.34% | 127.61% | 121.08% | 12.65% | 14.40% | 10.87% | 0.13 | 19.55 | 5.21 | 6.28 | 0.81 | 324247.00% | 13712.00% | -7216.00% | 13.47% | 5.61 | 6.53% | 14.72% | 59.00% | 14.72% | 3.86 | 8.52 | 4.93 | 1.91 |
| BKT | BlackRock Income Trust, I… | $11.16 | 271.01M | +335% | -20% | — | +223% | 80.24 | 0.91 | 63.76 | 39.22 | — | 0.91 | 100.00% | 79.67% | 79.46% | 1.09% | 0.82% | 0.71% | 0.31 | 0.60 | 0.19 | 0.24 | 10.22 | -8116.00% | 27280.00% | 11738.00% | 25.40% | 1.27 | 16.73% | 9.85% | 790.50% | 24.80% | 104.04 | 5.12 | 82.88 | 0.42 |
| BYM | BlackRock Municipal Incom… | $11.05 | 286.23M | +239% | -26% | -33% | +86% | 21.88 | 0.87 | 21.64 | — | — | 0.87 | 100.00% | 98.91% | 98.91% | 3.93% | 2.63% | 2.58% | 0.49 | 1.70 | 0.10 | 0.13 | — | -25152.00% | 3422.00% | 19423.00% | 12.25% | 0.54 | 7.05% | 4.76% | 104.00% | 28.84% | 33.93 | 12.66 | 33.56 | 0.95 |
| FCT | First Trust Senior Floati… | $9.88 | 256.72M | +327% | +236% | — | — | 13.26 | 0.90 | 11.43 | 16.11 | — | 0.90 | 88.64% | 86.14% | 86.14% | 6.62% | 5.78% | 5.30% | 0.20 | 7.58 | 0.37 | 0.37 | 2.85 | -4194.00% | -3428.00% | -8609.00% | 2.48% | 0.23 | 1.90% | 12.27% | 162.80% | 12.27% | 16.11 | 48.98 | 13.88 | 1.75 |
| MCR | MFS Charter Income Trust | $6.23 | 259.72M | +427% | +4,848% | -88% | +229% | 14.78 | 0.92 | 13.19 | 15.38 | — | 0.92 | 89.81% | 115.48% | 89.25% | 6.18% | 6.04% | 4.60% | 0.34 | 4.43 | 2.61 | 4.55 | 4.18 | -4167.00% | 4249.00% | -5462.00% | 4.57% | 5.17 | 3.15% | 8.66% | 128.00% | 8.81% | 15.38 | 29.48 | 17.76 | 1.68 |
| MMT | MFS Multimarket Income Tr… | $4.71 | 258.8M | +515% | -24% | -78% | — | 11.50 | 0.91 | 10.84 | 12.51 | — | 0.91 | 89.09% | 116.44% | 94.23% | 7.91% | 7.37% | 5.81% | 0.34 | 5.27 | 0.00 | 0.18 | 3.47 | -5000.00% | -4872.00% | -6229.00% | 4.42% | 0.11 | 3.03% | 8.71% | 100.20% | 9.36% | 12.51 | 30.42 | 14.56 | 1.35 |
| PMM | Putnam Managed Municipal … | $6.45 | 277.25M | +2,188% | -62% | +147% | +21,665% | 3.90 | 0.65 | 3.89 | 4.00 | 0.50 | 0.65 | 100.00% | 99.74% | 99.74% | 17.36% | 16.80% | 16.21% | 0.03 | 109.49 | 1.54 | 2.49 | 0.18 | 78000.00% | 100601.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 3.34% | 4.03 | — | 4.02 | 10.12 |
| RMM | Rivernorth Managed Durati… | $14.52 | 286.62M | +3,464% | -64% | — | — | — | — | — | — | — | — | 245.26% | 250.00% | 250.00% | -4.18% | -2.56% | -2.55% | 0.64 | -1.72 | 3.37 | 3.37 | -14.51 | -10000.00% | -12022.00% | -209.00% | — | 20.06 | 7.35% | — | -167.70% | — | — | — | — | — |
| SABA | Saba Capital Income & Opp… | $8.04 | 222.95M | — | +632,544% | +141% | — | 4.07 | 0.86 | 12.13 | — | — | 0.86 | 100.00% | 74.72% | 297.73% | — | — | — | 0.00 | 4.39 | — | — | — | — | — | — | 0.00% | — | — | 0.00% | 0.00% | 0.00% | 16.11 | — | 12.04 | 1.20 |
| SCD | LMP Capital and Income Fu… | $15.93 | 5.34B | +139% | -36% | — | -94% | -437.94 | 0.95 | 6.56 | 149.97 | — | 0.95 | 99.56% | 5.27% | -1.50% | -0.24% | 0.69% | -0.19% | 0.21 | 0.78 | 0.28 | 2.47 | 27.70 | -10070.00% | -3767.00% | -6442.00% | 1.67% | 2.16 | 1.43% | 7.49% | -3278.40% | 7.49% | 149.97 | 72.26 | 7.91 | 3.12 |
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.
- CEO
- George Robert Aylward
- Employees
- 0
- Beta
- 1.18
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($28.76 ÷ $15.20) − 1 = +89.21% (DCF, example).