NCV (Virtus Convertible &ome Fund) Dividend Yield %: 9.46% (As of Jun. 25, 2026) — 24% Below Median


NCV Virtus Convertible & Income Fund NCV
41 GF Score
Price $17.31
GF Value $55.59
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Virtus Convertible &ome Fund Dividend Yield %?

Virtus Convertible &ome Fund NCV -0.35% 41 Dividend Yield % is 9.46% as of Jun. 25, 2026, which is 24% below its 10-year median of 12.39. GuruFocus rates NCV with a GF Score™ of 41/100 and a GF Value™ of $55.59 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,115 Asset Management companies, Virtus Convertible &ome Fund ranks better than 77.58% on this metric.

As of today (2026-06-25), the Trailing Annual Dividend Yield of Virtus Convertible &ome Fund is 9.46%.

Warning Sign:

Virtus Convertible & Income Fund stock Dividend Yield % is close to 3-year low.

The historical rank and industry rank for Virtus Convertible &ome Fund's Dividend Yield % or its related term are showing as below:

NCV' s Dividend Yield % Range Over the Past 10 Years
Min: 7.98   Med: 12.39   Max: 20.26
Current: 9.46

During the past 8 years, the highest Dividend Yield of Virtus Convertible &ome Fund was 20.26%. The lowest was 7.98%. And the median was 12.39%.

NCV's Dividend Yield % is ranked better than
77.58% of 1115 companies
in the Asset Management industry
Industry Median: 6.03 vs NCV: 9.46

Virtus Convertible &ome Fund's Dividend Payout Ratio for the six months ended in Jan. 2026 was 0.31.

During the past 8 years, the highest Dividend Payout Ratio of Virtus Convertible &ome Fund was 4.63. The lowest was 0.14. And the median was 0.85.

As of today (2026-06-25), the Forward Dividend Yield % of Virtus Convertible &ome Fund is 9.46%.

Virtus Convertible &ome Fund's Dividends per Share for the six months ended in Jan. 2026 was $0.82.

During the past 3 years, the average Dividends Per Share Growth Rate was -7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.30% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Convertible &ome Fund was -7.20% per year. The lowest was -13.20% per year. And the median was -12.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Virtus Convertible &ome Fund  (NYSE:NCV) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Virtus Convertible &ome Fund Dividend Yield % Related Terms

Virtus Convertible &ome Fund Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Virtus Convertible &ome Fund's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Virtus Convertible &ome Fund Dividend Yield % Chart

Virtus Convertible &ome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Jan23 Jan24 Jan25 Jan26
Dividend Yield %
Get a 7-Day Free Trial 9.15 12.88 12.96 11.24 10.21

Virtus Convertible &ome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.96 11.86 11.24 11.38 10.21

NCV vs FRA, BGR, SDHY: Dividend Yield % Comparison

For the Asset Management subindustry, Virtus Convertible &ome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Virtus Convertible &ome Fund Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome Fund's Dividend Yield % falls into.


NCV
41GF Score
Virtus Convertible & Income Fund NCV
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Virtus Convertible &ome Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Virtus Convertible &ome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1360002026-06-152026-06-152026-06-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002026-05-112026-05-112026-05-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002026-04-132026-04-132026-04-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002026-03-162026-03-162026-03-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002026-02-122026-02-122026-02-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002026-01-122026-01-122026-01-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002025-12-112025-12-112025-12-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002025-11-132025-11-132025-11-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002025-10-142025-10-142025-10-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002025-09-122025-09-122025-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002025-08-112025-08-112025-08-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1360002025-07-112025-07-112025-07-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Virtus Convertible &ome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.632/17.31
=9.43 %

Current Share Price is $17.31.
Virtus Convertible &ome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.632.

Virtus Convertible &ome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.632/17.31
=9.43 %

Current Share Price is $17.31.
Virtus Convertible &ome Fund's Dividends per Share for the forward twelve months is calculated as $0.136 * 12 = $1.632.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 9.46% mean?
Virtus Convertible &ome Fund (NCV) has a Dividend Yield % of 9.46% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Virtus Convertible &ome Fund and its competitors. This is 24% below median its historical median of 12.39. Over the past decade, Virtus Convertible &ome Fund's Dividend Yield % has ranged from 7.98 to 20.26. According to the industry distribution chart, Virtus Convertible &ome Fund ranks #250 out of 1115 companies in the Asset Management industry, placing it in the top 22.4%.
Is Virtus Convertible &ome Fund's Dividend Yield % too high?
Virtus Convertible &ome Fund's current Dividend Yield % of 9.46% is 24% below median its 10-year median of 12.39. Over the past 10 years, this metric has ranged from a low of 7.98 to a high of 20.26. The Asset Management industry median Dividend Yield % is 6.03. Virtus Convertible &ome Fund's value of 9.46% is 56.9% above this industry median. Based on the distribution chart, Virtus Convertible &ome Fund ranks #250 out of 1115 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Virtus Convertible &ome Fund has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Convertible &ome Fund's Dividend Yield % compare to FRA and BGR?
According to the Asset Management industry distribution chart, Virtus Convertible &ome Fund ranks #250 out of 1115 companies for Dividend Yield %. This places Virtus Convertible &ome Fund in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 6.03. Virtus Convertible &ome Fund's value of 9.46% is 56.9% above this benchmark. Historically, Virtus Convertible &ome Fund's own Dividend Yield % has ranged from 7.98 to 20.26 over the past decade. While the company's 10-year median is 12.39 vs. the industry median of 6.03, Virtus Convertible &ome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 6.03, based on 1,115 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtus Convertible &ome Fund's current Dividend Yield % of 9.46% is 56.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Virtus Convertible &ome Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Convertible &ome Fund's current Dividend Yield % is 9.46%, which is 24% below median its own 10-year median of 12.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Convertible &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, Virtus Convertible &ome Fund (NCV) is currently considered Significantly Undervalued. The stock's GF Value™ is $55.59, compared to a current price of $17.31 — trading 68.9% below its estimated fair value. The current Dividend Yield % is 9.46%, which is 24% below median its 10-year median of 12.39 and 56.9% above the Asset Management industry median of 6.03. Virtus Convertible &ome Fund's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Virtus Convertible &ome Fund (NCV), the current Dividend Yield % is 9.46% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Virtus Convertible &ome Fund (NCV) Overvalued in 2026?

Based on GuruFocus' analysis, Virtus Convertible &ome Fund stock appears to be undervalued. The current stock price of $17.31 is trading 68.9% below its estimated GF Value™ of $55.59. GuruFocus considers Virtus Convertible &ome Fund to be Significantly Undervalued.

Key valuation signals for NCV:

  • Dividend Yield %: 9.46% (24% below median its 10-year median of 12.39)
  • GF Value™: $55.59 vs. price of $17.31 (68.9% below fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 56.9% above the Asset Management median (#250 of 1115)

No single metric tells the full story. See the NCV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Virtus Convertible &ome Fund Business Description

Other Exchanges NCVpA.PFD:USA
Address 101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Convertible & Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It intends to achieve the objective by investing in a portfolio of domestic convertible securities and non-convertible income-producing securities. Its portfolio of investments includes Software, the Internet, the Commercial Services sector in the form of Convertible Bonds and Notes, and Media, Oil, Gas & Consumable Fuels, and Entertainment sector in the form of Corporate Bonds and Notes.
41GF Score

Get the complete analysis for NCV

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.31
Price
$55.59
GF Value