NCZ:NYE-AllianzGI Convertible & Income II Closed Fund (USD)

FUND | Electronic Components |

Last Closing

USD 3.18

Change

+0.01 (+0.32)%

Market Cap

USD 0.17B

Volume

0.13M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund II. Virtus Convertible & Income Fund II was formed on July 31, 2003 and is domiciled in the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for Electronic Components

Symbol Name Price(Change) Market Cap
APH Amphenol Corporation

+0.67 (+0.94%)

USD 89.47B
GLW Corning Incorporated

+0.40 (+0.84%)

USD 40.51B
CLS Celestica Inc.

+0.01 (+0.01%)

USD 11.04B
BHE Benchmark Electronics Inc

+0.51 (+1.10%)

USD 1.71B
KN Knowles Cor

+0.15 (+0.76%)

USD 1.71B
OUST Ouster, Inc. Common Stock

+0.60 (+4.91%)

USD 0.48B
KULR KULR Technology Group Inc

+0.59 (+20.85%)

USD 0.30B
WBX Wallbox NV

+0.01 (+1.30%)

USD 0.20B
LGL LGL Group Inc

+0.20 (+3.36%)

USD 0.03B
CTS CTS Corporation

+0.52 (+0.98%)

N/A

ETFs Containing NCZ

N/A

Market Performance

  Market Performance vs. Industry/Classification (Electronic Components) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.71% 35% F 56% F
Dividend Return 11.07% 100% F 96% N/A
Total Return 17.79% 53% F 70% C-
Trailing 12 Months  
Capital Gain 6.00% 35% F 56% F
Dividend Return 11.00% 100% F 95% A
Total Return 17.00% 53% F 69% C-
Trailing 5 Years  
Capital Gain -37.89% 21% F 15% F
Dividend Return 41.07% 100% F 93% A
Total Return 3.18% 36% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -4.93% 18% F 12% F
Dividend Return -4.65% 18% F 9% A-
Total Return 0.28% 13% F 9% A-
Risk Return Profile  
Volatility (Standard Deviation) 88.55% 29% F 10% F
Risk Adjusted Return -5.26% 24% F 17% F
Market Capitalization 0.17B 20% F 35% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.