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Virtus Convertible & Income Fund II offers high income with NCZ stock at 11.3% discount and 10.37% yield.

Market News
02 Oct 2026
Seeking Alpha
View Source
Bullish
Virtus Convertible & Income Fund II offers high income with NCZ stock at 11.3% discount and 10.37% yield.

Virtus Convertible & Income Fund II (NCZ) combines convertible securities and high-yield bonds to deliver high current income and potential capital appreciation. NCZ common stock is trading at an 11.3% discount to its net asset value, near decade lows, with a strong dividend yield of 10.37% and solid five-year performance compared to peers. Its preferred shares, rated "A" by Fitch, yield 7.49%, reflecting interest rate risk rather than credit issues. With over 200% asset coverage and 33% leverage, NCZ.PR.A is positioned as a secure, investment-grade fixed-income option amid rising Treasury yields.

The Virtus Convertible & Income Fund II (NCZ) is noted here with Pluang's market data for context. Of 150 US stocks priced on Pluang, 76 rose and 72 fell as of Oct 02, 2026 23:42 WIB. Among notable movers, Accenture plc (ACN) declined 4.80% to USD 202.10, Tesla, Inc. (TSLA) gained 4.74% to USD 370.89, and United Microelectronics Corp (UMC) rose 4.28% to USD 26.29.

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