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Virtus Convertible &ome Fund II 5-Year Yield-on-Cost %

: 12.33 (As of Today)
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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

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

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 Convertible &ome Fund II logo
Traded in Other Exchanges
Address
101 Munson Street, Greenfield, MA, USA, 01301
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.
Executives
Decotis Deborah A director 1633 BROADWAY NEW YORK NY 10019
Yee Michael officer: Portfolio Manager C/O ALLIANZ EQUITY ADVISORS 1345 AVE OF THE AMERICAS NEW YORK NY 10105
Oberto David J. officer: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Zino Brian T director 100 PARK AVENUE NEW YORK NY 10017
Macleod James S director 250 E KILBOURN AVE MILWAUKEE WI 53202
Smirl Richard W officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC. ONE FINANCIAL PLAZA HARTFORD CT 06103
Drummond F Ford director 100 N BROADWAY OKLAHOMA CITY OK 73102
Rappaport Alan director C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Waltman Francis G officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC. 100 PEARL STREET HARTFORD CT 06103
Aylward George R director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC. 100 PEARL STREET HARTFORD CT 06103
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC. 56 PROSPECT STREET HARTFORD CT 06115
Mcloughlin Philip R director 800 SCUDDERS HILL ROAD PLAINSBORO NJ 08536
Pushpaharan Gem other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Viggiano John other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Ubs Group Ag 10 percent owner BAHNHOFSTRASSE 45 ZURICH V8 CH-8001

Virtus Convertible &ome Fund II Headlines

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