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Virtus Convertible & Income Fund (NCV)

Taxable Bond Funds - Convertible Funds

Data as of Oct. 2, 2024
Current
Market Price $3.51 (+ $0.01)
NAV (Oct. 2, 2024) $3.80 (+ $0.01)
Fund Listed NYSE
Premium / Discount -7.63% (+0.02%)
Fund Info
Inception March 31, 2003
Sponsor Virtus Investment Advisers
Website https://www.virtus.com...
Phone 1-866-270-7788
NAV Symbol XNCVX
Location New York
Incorporated Massachusetts
Staggered Board No
Term Date N/A
Objective: Capital appreciation and high current income convertible securities and non-convertible high-yield bonds rated below investment grade.
Related Indexes
15 Major CEF Sectors Index
High Income Index
Convertible Bond Index
Capital & Leverage
Outstanding Shares 90,373,569
Total Assets (Reported: Jan. 31, 2024) $553M
Estimated Total Assets $544M
Net Assets $343M
Market Cap $317M
Portfolio Turnover 107.00%
Total Leverage 36.89%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 4.91%
Non Lev Exp Ratio 1.26%
Rel Lev Cost 5.95%
Discount Data
Average Discount (3 Yr) -9.55%
Discount Low(3 Yr) -15.73%
Discount High(3 Yr) -0.75%
Discount Rel Range (3 Yr) 54.07%
Comp Discount -7.78
Discount St Dev (1Yr) 1.96
Z-Stat
Z-Stat (6mo) 1.37
Z-Stat (1Yr) 1.93
Z-Stat (3Yr) 0.57
Comp Z-Stat (6mo) 0.90
Comp Z-Stat (3Yr) 0.05
Distribution Data
Market Yield 11.62%
Income Yield 0.00%
Lev Adj NAV Yield 7.84%
Distribution Frequency M
Current Distribution $0.034
Current Income $0.000
Ex-Date 10/11/24
Payable Date 10/30/24
Div Growth (3yr) -20.00%
Dividend Change -20.0% on 3/3/23
Expected Div 11/20/24
RoC (1yr) 94.24%
RoC (3yr) 83.78%
Tax Dividend Data 2023 2021 - 2023
Income 16.2% 22.8%
ST Gains 0% 0%
QDI 1.7% 7.8%
LT Gains 0% 0%
RoC 83.8% 77.2%
Volume & Liquidity
Average Daily $ (K) $1,567
Avg Volume 30 day 326,573
Avg Volume 90 day 446,568
Volume Trend -26.87%
Comp Volume Trend -32.87%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
61.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
82.0%
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
90.0%
Most Correlated Peer (Mk Pr): NCZ 87.0%
NAV - Price Correlation (30 d) 85.0%
NAV - Price Correlation (90 d) 70.5%
NAV - Price Correlation (1 Yr) 87.1%
Price St Dev (1Yr) 17.3%
NAV St Dev (1Yr) 11.6%
Earnings
Earnings / Share (1/31/24) $0.008
Earn Coverage 23.24%
Earnings Trend Up
UNII / Share (1/31/24) $-0.043
Rel UNII
UNII Trend Up
Bond Specific Data
Maturity 4.05
Duration
Credit Rating (rbo) BB
Investment Grade 8.99%
Non Investment Grade 40.06%
Unrated Bonds 50.96%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.77
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.47
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index
1.01

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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