Virtus Convertible & Income Fund (N:NCV)
Business Focus: Closed End Funds
Cloudy as of April 01, 2024
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Insider Filings
Latest 10 SEC Form 4 filings for NCV*US within the last 6 months
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Company News
Mar 01, 2024 08:15 ET
Two Virtus Closed-End Funds Announce Four Monthly Distributions: NCV, NCZ
Virtus Convertible & Income Fund (NYSE: NCV) and
Mar 01, 2024 08:15 ET
Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on March 29, 2024 to Series A cumulative preferred shareholders of record on March 11, 2024.
Valuation Ratios
Industry
Sector
Beta
1.24
--
--
Price to Sales - TTM
11.21
9.63
3.57
Price to Book - most recent quarter
0.83
0.91
1.29
Price to Cash Flow per share - TTM
--
12.04
11.93
Price to Free Cash Flow per share - TTM
3.20
17.71
15.28
Business Summary
| Sector: Financials | Industry: Closed End Funds |
Virtus Convertible & Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return through a combination of capital appreciation and high current income. Under normal circumstances, the Fund invest approximately 80% of its total assets in a diversified portfolio of convertible securities and non-convertible income-producing securities. The Fund seeks to invest at least 50% of the portfolio in convertible securities, but determines the allocation based on changes in equity prices, changes in interest rates, and other economic and market factors. The Fund invests in various sectors, including airlines, auto manufacturers, banks, computers, biotechnology, diversified financial services, commercial services, healthcare products and media, among others. The Fund's investment advisor is Virtus Investment Advisers, Inc., and its investment subadvisor is Voya Investment Management Co. LLC.
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