Virtus Convertible & Income Fund (NCV) currently offers a 10.25% dividend yield and trades at a 9.34% discount to its net asset value, close to its five-year average. The fund uses high leverage of 33.22%, with most assets in convertible securities (65.3%) and high-yield bonds (29.5%), focusing on IT, Industrials, and Financial sectors. Its preferred stock yields 7.22%, trades below par, holds a strong A rating, and is considered among the safest in its category. However, if high interest rates persist, the fund may face challenges in maintaining dividend stability, potentially leading to dividend cuts and temporary share price declines.
Virtus Convertible & Income Fund (NCV) offers a 10.25% dividend yield and trades at a 9.34% discount to its net asset value, highlighting its income potential and valuation. For readers following US stocks tradable on Pluang, here is the market snapshot as of Sep 24, 2026 10:02 WIB: out of 150 stocks, 43 rose and 107 fell. Notable movers include OPEN at USD 2.58 with a -6.52% change and 93% buy order activity, SPCE at USD 3.11 down 6.33% with 77% sell orders, and SNAP at USD 5.30 down 5.69% with 100% buy orders and a typical hold time of 67 days.
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