Virtus AllianzGI Convertible & Income Fund (NCV) Dividend History

$3.08 $-0.03

Dividend Score
Dividend Yield
13.12%

Annual Payment
$0.41

Payout Ratio
0%
Dividend Increases
0 yrs

Price Chart

Key Metrics

Sector Financial Services
Industry Asset Management
Avg daily volume 742,056
Market cap 281,062,000
Beta 1.26
Trailing 12 Month EPS -0.9
Next Earnings Date
Ex-dividend date 2023-09-08
P/E ratio 0

Company Description

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.

Peers

Dividend Payments

Forward Yield
13.12%
Forward Payment
$0.41

Trailing Yield
13.79%
Trailing Payment
$0.48

Last Increase
> 10 Years Ago
Last Cut
May 01,23 -20%

5 Year Average Yield
13.12%
% Above Current Yield
0.01%

5 Year Div Growth Rate
-10.51%
Payment Frequency
Monthly

Historical Dividend Payments