Virtus Convertible & Income Fund II (NCZ)
Upgrades & Downgrades
Latest NCZ news
NCZ: Q&A About The Fund's Distribution Suspension
27 July 2022
NCZ recently suspended its distribution, though it ended up paying it shortly after. We discuss some of the reasons behind this unusual, though not very surprising, event.
NCZ's Embarrassing 'Postponed' Distribution
13 July 2022
Leverage can add a lot to a closed-end fund's income, by taking advantage of cheap (sometimes very cheap) interest rates available to large institutional investors. But it has its downside risks, as w...
NCZ: Virtus AllianzGI Is Not Doing Well Here
14 May 2022
The AllianzGI Convertible & Income Fund II primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. While some Virtus AllianzGI FI funds include e...
CEF Weekly Review: Rates Are Up, Why Are My Loan CEFs Down
9 April 2022
We review CEF market valuation and performance through the last week of March and highlight recent market action.
NCZ: Higher Yield And Attractively Discounted, But Some Concerns
19 February 2022
NCZ and its sister fund NCV share many similarities as convertible and high-yield bond investing funds.
CEF Weekly Market Review: CEF Market Pushes Through Inflation Scare
20 November 2021
We review CEF market valuation and performance over the second week of November and highlight recent market events. Discounts mostly rallied this week despite broadly lower NAVs due to rising Treasury...
CEF Weekly Market Review: CEF Hedges Often Promise More Than They Deliver
14 November 2021
We review CEF market valuation and performance over the first week of November and highlight recent market events. November so far delivered NAV gains across all CEF sectors - an unusual occurrence - ...
Relative Value CEF Opportunities: More Alpha In A Less Beta Environment
28 October 2021
Steadily lower yields and heightened volatility make relative value opportunities an attractive alpha generation strategy in CEFs.
3 Dirt-Cheap Funds Yielding Up To 8.4%
25 September 2021
High fear sentiment is showing us that this mini-correction is probably close to completion.