Ares Dynamic Credit Allocation Fund (ARDC) vs Virtus Convertible & Income Fund II (NCZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Virtus Convertible & Income Fund II (NCZ) has outperformed Ares Dynamic Credit Allocation Fund (ARDC) over the past year, gaining 1.0% versus a loss of 17.4%. Over five years, ARDC leads with a -31.2% price change compared with -34.1% for NCZ. Ares Dynamic Credit Allocation Fund is the larger company by market cap ($272.7 million vs $266.8 million), about 1.0 times the size.
On valuation, Virtus Convertible & Income Fund II trades at a lower trailing P/E (3.9x vs 54.2x for Ares Dynamic Credit Allocation Fund). Virtus Convertible & Income Fund II pays a dividend yielding 10.27%, while Ares Dynamic Credit Allocation Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARDC | NCZ |
|---|---|---|
| Share price | $11.38 | $14.02 |
| Market cap | $272.73M | $266.79M |
| 1-day change | +0.18% | 0.00% |
| YTD return | -14.59% | +1.74% |
| 1-year return | -17.44% | +1.01% |
| 5-year return | -31.23% | -34.12% |
| P/E ratio (TTM) | 54.19 | 3.94 |
| EPS (TTM) | $0.21 | $3.56 |
| Dividend yield | 11.88% | 10.27% |
| Annual dividend | $0.00 | $1.44 |
| 52-week high | $13.99 | $16.17 |
| 52-week low | $11.25 | $12.95 |
| Distance from 52-week high | -18.66% | -13.30% |
| Average volume | 111.52K | 64.43K |
| Shares outstanding | 23.97M | 19.03M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NCZ has outperformed ARDC by 18.5 percentage points over the past year.
- Ares Dynamic Credit Allocation Fund trades at a higher earnings multiple (54.2x vs 3.9x trailing P/E).
- Ares Dynamic Credit Allocation Fund offers a meaningfully higher dividend yield (11.88% vs 10.27%).
About Ares Dynamic Credit Allocation Fund
ARDC stock →Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC.
Financial Services · Asset Management
About Virtus Convertible & Income Fund II
NCZ stock →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.
Financial Services · Asset Management
ARDC vs NCZ FAQ
Which is bigger, Ares Dynamic Credit Allocation Fund or Virtus Convertible & Income Fund II?
Ares Dynamic Credit Allocation Fund (ARDC) is larger, with a market capitalization of $272.73M compared with $266.79M for Virtus Convertible & Income Fund II (NCZ).
Which stock has performed better over the past year, ARDC or NCZ?
NCZ returned +1.01% over the past 12 months, compared with -17.44% for ARDC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARDC or NCZ?
NCZ has the lower trailing P/E at 3.9, versus 54.2 for ARDC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ares Dynamic Credit Allocation Fund or Virtus Convertible & Income Fund II?
Ares Dynamic Credit Allocation Fund has the higher yield at 11.88%, compared with 10.27% for Virtus Convertible & Income Fund II.
Are Ares Dynamic Credit Allocation Fund and Virtus Convertible & Income Fund II in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.