Virtus Convertible & Income Fund II (NYSE:NCZ) Stock Price Down 0.9% – What’s Next?

Posted by Brenda Bartman on Nov 11th, 2026

Virtus Convertible & Income Fund II (NYSE:NCZ – Get Free Report)’s share price was down 0.9% during mid-day trading on Tuesday. The company traded as low as $13.45 and last traded at $13.5710. Approximately 49,402 shares were traded during trading, a decline of 27% from the average daily volume of 68,097 shares. The stock had previously closed at $13.69.

Virtus Convertible & Income Fund II Stock Down 0.9%

The firm’s fifty day simple moving average is $14.37 and its 200 day simple moving average is $14.88.

Virtus Convertible & Income Fund II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 27th. Investors of record on Thursday, November 12th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, November 12th. This represents a $1.44 annualized dividend and a dividend yield of 10.6%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Readystate Asset Management LP lifted its stake in Virtus Convertible & Income Fund II by 77.8% during the first quarter. Readystate Asset Management LP now owns 22,422 shares of the investment management company’s stock worth $301,000 after purchasing an additional 9,808 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Virtus Convertible & Income Fund II by 2.1% in the 1st quarter. Kestra Advisory Services LLC now owns 44,187 shares of the investment management company’s stock valued at $593,000 after purchasing an additional 915 shares in the last quarter. Choreo LLC increased its stake in shares of Virtus Convertible & Income Fund II by 11.6% in the 3rd quarter. Choreo LLC now owns 44,353 shares of the investment management company’s stock valued at $625,000 after purchasing an additional 4,615 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of Virtus Convertible & Income Fund II by 9.3% in the 1st quarter. Private Advisor Group LLC now owns 57,977 shares of the investment management company’s stock valued at $777,000 after purchasing an additional 4,950 shares during the last quarter. Finally, Saba Capital Management L.P. bought a new position in shares of Virtus Convertible & Income Fund II in the 1st quarter valued at $4,717,000.

Virtus Convertible & Income Fund II Company Profile

(Get Free Report)

Virtus Convertible & Income Fund II (NYSE: NCZ) is a closed-end investment fund that seeks to provide current income and, secondarily, capital appreciation. The fund invests primarily in convertible securities and income-producing corporate debt securities. Its portfolio may include convertible bonds, convertible preferred stocks, and lower-rated or high-yield debt issued by companies in a range of industries. Convertible securities can offer income while providing the potential to participate in the underlying company’s equity appreciation.