XNYSNCZpA
Market cap242mUSD
Sep 20, Last price
-137.02USD
Name
Virtus Convertible & Income Fund II
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 | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑01 | 2023‑01 | 2022‑01 | 2021‑02 | 2020‑02 | 2019‑02 | 2018‑02 | 2017‑02 | 2016‑02 | 2015‑02 | |
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% |