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XNYSNCZpA
Market cap242mUSD
Sep 20, Last price  
-137.02USD
Name

Virtus Convertible & Income Fund II

Chart & Performance

D1W1MN
XNYS:NCZpA chart

Profile

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.
IPO date
Jul 29, 2003
Employees
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑012023‑012022‑012021‑022020‑022019‑022018‑022017‑022016‑022015‑02
Income
Revenues
18,269
-130.04%
(60,810)
-220.65%
50,403
-57.52%
Cost of revenue
3,351
5,567
11,181
Unusual Expense (Income)
NOPBT
14,918
(66,377)
39,223
NOPBT Margin
81.66%
109.15%
77.82%
Operating Taxes
13,555
(44,375)
Tax Rate
NOPAT
14,918
(79,932)
83,597
Net income
7,385
-111.97%
(61,696)
117.39%
(28,380)
-124.07%
Dividends
(31,397)
Dividend yield
14.32%
Proceeds from repurchase of equity
21,654
BB yield
-9.88%
Debt
Debt current
25,000
95,000
Long-term debt
95,000
Deferred revenue
Other long-term liabilities
124
(95,000)
7,518
Net debt
(399,816)
(293,609)
(382,694)
Cash flow
Cash from operating activities
90,072
CAPEX
Cash from investing activities
Cash from financing activities
(79,743)
FCF
75,758
(179,211)
6,362
Balance
Cash
19,217
131
26,474
Long term investments
405,599
483,478
356,220
Excess cash
423,903
486,650
380,174
Stockholders' equity
(138,998)
(136,048)
103,547
Invested Capital
586,135
711,713
546,017
ROIC
2.30%
24.85%
ROCE
3.34%
6.04%
EV
Common stock shares outstanding
76,116
76,116
76,116
Price
2.88
-13.51%
3.33
-27.92%
4.62
-7.78%
Market cap
219,213
-13.51%
253,465
-27.92%
351,655
-7.78%
EV
(71,603)
68,856
240,486
EBITDA
14,918
(66,377)
39,223
EV/EBITDA
6.13
Interest
3,627
1,185
220
Interest/NOPBT
24.31%
0.56%