Pass On Virtus Convertible & Income Fund II, The Alpha Is In Its Preferred [Seeking Alpha]
Virtus Convertible & Income Fund II Common Shares of Beneficial Interest (NCZ)
US:NYSE Investor Relations:
morningstar.com/cefs/xnys/nie/quote.html
Company Research
Source: Seeking Alpha
Dividend and asset coverage ratios are robust, with preferred payments well covered and asset coverage at 285%, well above regulatory minimums. NCZ-A stands out among A-rated CEF preferreds for its superior current yield and deep discount to par, providing capital appreciation potential. While NCZ common stock is rated 'Hold' due to average returns and no discount mean reversion potential, NCZ-A is highlighted as an undervalued, high-quality outlier. Trade With Beta members get exclusive access to our real-world portfolio. See all our investments here » Abu Hanifah/iStock via Getty Images Co-authored by Relative Value. Overview With this article, we'll draw your attention toward one of the highest credit-rated preferred stocks on any exchange - the Virtus Convertible & Income Fund II ( NCZ ) 5.50% Cumulative Perpetual Preferred Shares Series A ( More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. Al
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NCZ
Sec Filings
- 4/14/26 - Form N-CEN
- 4/9/26 - Form N-CSR
- 3/31/26 - Form NPORT-P
- NCZ's page on the SEC website