NCZ - Virtus Convertible & Income Fund II
A closed-end fund run by Virtus. Invests in convertible bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.
What happened, and when
Nothing on file yet. No large investor has reported a stake in this fund, and the fund has not announced a buy-back, a vote or a closing.
About this fund
- Run by Virtus Investment Advisers, LLC. Part of the Virtus fund family. As of Jan 31, 2026, from the fund's yearly report. Original document →
- Size: about $321 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 34% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. About 80% of that is money the fund has borrowed by selling preferred shares. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 1.1% a year in management fees; 2.2% a year in total, including interest on borrowed money. Fiscal year ended Jan 31, 2026. As of Jan 31, 2026, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended Jan 31, 2026) the fund paid $2.99 a share. $0.89 of that was income; $2.10 came from gains. As of Jan 31, 2026, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (Jan 31, 2026): $15.88. The shares traded at $14.47, about 8.9% below that. As of Jan 31, 2026, from the fund's yearly report. Original document →
- How the holdings did: up 8.5% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +45%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended Jan 31, 2026): the value of the holdings returned +19.8%. How the share price did: the shares returned +2.9% over the same year, counting payouts and the change in the market price. As of Jan 31, 2026, from the fund's annual report. Original document →
- First reported to the regulator in 2003.
+65%-3%
May 2024April 2026
What the fund holds
Mostly bonds (90%), the rest preferred shares and cash and short-term holdings. About 91% issued in the U.S.
- Western Digital, Wdc 3 11/15/28 - 5.5%
- Cash and short-term - 4.5%
- Lumentum Holdings, Lite 0.375 03/15/32 - 4%
- Wells Fargo & Company 7.5% Non-Cumulative Perpetual Convertible Class A Preferred Stock class A shares - 2.7%
- Welltower Op LLC, Well 3.125 07/15/29 - 2.6%
- Nextera Energy Capital Holdings, Nee 3 03/01/27 - 2.4%
- Boeing Company 6% Ser A Dep Shs Repstg 1/20TH Int Mandatory Conv preferred shares - 2.4%
- Live Nation Entertainment, Lyv 2.875 01/15/30 - 2.3%
- Bloom Energy, Be 0 11/15/30 - 2%
- Coreweave, Crwv 1.75 12/01/31 - 1.9%
Show all 25
- Akamai Technologies, Akam 0.375 09/01/27 - 1.7%
- Seagate Hdd Cayman, Stx 3.5 06/01/28 - 1.6%
- Terawulf, Wulf 0 05/01/32 - 1.5%
- Datadog, Ddog 0 12/01/29 - 1.4%
- Jazz Investments I, Jazz 3.125 09/15/30 - 1.4%
- Coinbase Global, Coin 0 10/01/29 - 1.3%
- Wec Energy Group, Wec 3.375 06/01/28 - 1.3%
- Microchip Technology Inc 7.50 % Dep Shs Repstg 1/20TH Pfd Conv preferred shares - 1.3%
- Strategy, Mstr 0 12/01/29 - 1.3%
- Osi Systems, Osis 0.5 02/01/31 - 1.3%
- Oracle Corp Depositary Shares Each Representing A 1/2,000TH Interest in A Share of 6.50% Series D Mandatory Convertible Preferred Stock - 1.3%
- Pg&E Corp 6% Ser A Mand Conv preferred shares - 1.2%
- Digital Realty Trust LP, Dlr 1.875 11/15/29 - 1.2%
- Mksi 1.25 06/01/30 - 1.2%
- Cloudflare, Net 0 08/15/26 - 1.2%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
No announcements from the fund on file.
- Run by
- Virtus Investment Advisers, LLC
- Fund family
- Virtus Funds
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-21338
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- Jan 31, 2026
- Number of holdings
- 216
- Preferred share classes
- 2
Email me when something new is filed for NCZ
Free. One email per notice or announcement, usually within a day. No password.