Virtus Convertible and Income Fund (NCV)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Virtus Convertible and Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Virtus Convertible and Income Fund (NCV) has returned 0.79% so far this year and 28.65% over the past 12 months. Over the last ten years, NCV has returned 7.77% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Mar 31, 2003, NCV's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, your investment would double in approximately 7.4 years.

Historically, 63% of months were positive and 37% were negative. The best month was Dec 2008 with a return of +33.3%, while the worst month was Nov 2008 at -34.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, NCV closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +42.6%, while the worst single day was Mar 18, 2020 at -30.7%.

Virtus Convertible and Income Fund has an annualized alpha of 0.01%, beta of 0.91, and R² of 0.37 versus S&P 500 Index. Calculated based on daily prices since April 01, 2003.

• This fund participated in 132.15% of S&P 500 Index downside but only 118.43% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.37 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

NCV has an expense ratio of 0.03%, which is considered low.

NCV ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Virtus Convertible and Income Fund (NCV) and compare them to a chosen benchmark (S&P 500 Index).

Virtus Convertible and Income Fund provided a 10.97% dividend yield over the last twelve months, with an annual payout of $1.63 per share.

The table displays the monthly dividend distributions for Virtus Convertible and Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Virtus Convertible and Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Virtus Convertible and Income Fund was 78.94%, occurring on Nov 21, 2008. Recovery took 545 trading sessions.

The current Virtus Convertible and Income Fund drawdown is 9.25%.

The chart below shows the rolling one-month volatility.