profit from every $100 of sales.
$0$100
Virtus Convertible & Income Fund II
$13.70+0.96% today
-3.5% in 1 year
1-year low $13.001-year high $16.16
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2024 to 2026.
0%20% a year
You pay $3.85 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Virtus Convertible & Income Fund II sold, what it kept, and what it did with the cash.
Sales went from -$60.8 million in 2023 to $68.2 million in 2026, with $67.7 million of profit last year.
SalesProfit
Virtus Convertible & Income Fund II handed back more cash to shareholders than it generated last year.
$27M
Free cash flow 2026$27M
Bought back its own shares–
Paid as dividends$27M
Cash vs. debt$8M vs. $25M
Virtus Convertible & Income Fund II vs. similar companies
Virtus Convertible & Income Fund II grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Virtus Convertible & Income Fund II | 3.9× · Cheap | ||
 PIMCO Dynamic Income Fund | 8.7× · Cheap | ||
 Reaves Utility Income Fund | 4.1× · Cheap | ||
 Nuveen AMT-Free Quality Municipal Income Fund | 38.0× · Expensive | ||
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 7.0× · Cheap |
AI analysis
An AI analyst reads Virtus Convertible & Income Fund II's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -61 | 8 | 53 | 68 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -62 | 7 | 52 | 68 | |
| -3.60 | 0.40 | – | 3.91 | |
| – | – | – | – | |
| – | – | – | – | |
| 101.5% | 95.2% | 99.1% | 99.3% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 494 | 422 | 433 | 472 |
| Cash | 0 | 10 | 8 | 8 |
| Total debt | 95 | 25 | 25 | 25 |
| Total liabilities | 109 | 64 | 56 | 61 |
| 385 | 358 | 377 | 411 | |
| 20 | 19 | – | 17 | |
| – | – | – | – | |
| -16.0% | 2.1% | 13.9% | 16.5% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| – | 90 | 25 | 27 | |
| – | – | – | – | |
| – | 90 | 25 | 27 | |
| Dividends paid | – | 31 | 27 | 27 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 3.9×
- –
- 0.02
- 0.9×
- 3.8×
- 9.5×
- –
- 10.5%
- 26.0%
- 9.1%
Profitability
- 96.3%
- 95.7%
- 99.3%
- 95.7%
- 14.8%
- 2.5%
- 17.1%
- 14.4%
- 14.8%
- –
Growth
- +196.4%
- +212.5%
- −59.6%
- −5.3%
- +0.0%
Financial health
- 0.2×
- 0.06
- 5.3%
- 26.2×
- 0.60
- 0.60
- 0.15
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 16%of 749
Top 2%of 604
Top 2%of 872
Top 1%of 883
Top 21%of 931
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Jun 3, 2025 | 1.74 | – | – |
| Jul 30, 2024 | 0.26 | – | – |
| Jun 3, 2024 | -0.09 | – | – |
| Jul 30, 2023 | 0.18 | – | – |
| Jan 31, 2023 | 0.03 | – | – |
| Jul 31, 2022 | -0.84 | – | – |
| Aug 31, 2021 | 0.20 | – | – |
| Feb 28, 2021 | 0.58 | – | – |
9.1%of the share price, paid each year
On $1,000 invested$91a year at today's yield, before tax
−5.3%2020 to 2025
Raised–not every year
Paid per share, each year
$3.64 in 2015 → $1.44 in 2025
How safe it looks
40.5% of its profit
Room to growStretchedMore than it earns: 100.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Virtus Convertible & Income Fund II
Is Virtus Convertible & Income Fund II a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Virtus Convertible & Income Fund II AI analysis
What does Virtus Convertible & Income Fund II do?
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. It is in Asset Management - Income.
Does Virtus Convertible & Income Fund II pay a dividend?
Yes. At today's price the dividend is 9.1% a year, about 40% of its yearly profit. In 2026 it paid out $27.4 million in dividends.
Is Virtus Convertible & Income Fund II stock halal?
No. Virtus Convertible & Income Fund II does not pass our halal screen: its main business, interest-based asset management, is not permitted. How we check
How has Virtus Convertible & Income Fund II stock done over the past year?
Down 3.5% over the past twelve months, to $13.70. It traded between $13.00 and $16.16 and is 15.2% below its high.
Who are Virtus Convertible & Income Fund II's competitors?
The largest listed companies in the same industry are PIMCO Dynamic Income Fund, Reaves Utility Income Fund, Nuveen AMT-Free Quality Municipal Income Fund and Eaton Vance Tax-Managed Global Diversified Equity Income Fund. The peers table on this page compares their profit, growth and price with Virtus Convertible & Income Fund II's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.