Virtus Convertible &ome Fund II's yield on cost for the quarter that ended in Aug. 2021 was 12.33.
The historical rank and industry rank for Virtus Convertible &ome Fund II's 5-Year Yield-on-Cost % or its related term are showing as below:
NCZ'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.9 Med: 12.25 Max: 19.49
Current: 12.33
During the past 4 years, Virtus Convertible &ome Fund II's highest Yield on Cost was 19.49. The lowest was 8.90. And the median was 12.25.
NCZ's 5-Year Yield-on-Cost % is ranked better than 90.2% of 1265
companies
in the Asset Management industry
Industry Median: 5.59
vs NCZ: 12.33
Competitive Comparison
For the Asset Management subindustry, Virtus Convertible &ome Fund II's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 II 5-Year Yield-on-Cost % Distribution
For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund II's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Virtus Convertible &ome Fund II's 5-Year Yield-on-Cost % falls into.
Virtus Convertible &ome Fund II 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Virtus Convertible &ome Fund II is calculated as
Virtus Convertible &ome Fund II (NYSE:NCZ) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Virtus Convertible &ome Fund II 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Virtus Convertible &ome Fund II's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Virtus Convertible &ome Fund II Business Description
Virtus AllianzGI Convertible & Income Fund II is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of capital appreciation and high current income. Its portfolio of investments includes different sector investments such as in the healthcare services, media, oil, gas and consumable fuels and others.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0.04(1.11%) Volume: 249,932 8:08PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NYSE:NCZ has been successfully added to your 
