Eaton Vance Floating Rate Income (EFT) 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 11, 2026.
Summary
Virtus Convertible & Income Fund II (NCZ) has outperformed Eaton Vance Floating Rate Income (EFT) over the past year, gaining 3.7% versus a loss of 9.4%. Over five years, EFT leads with a -28.9% price change compared with -31.8% for NCZ. On valuation, Virtus Convertible & Income Fund II trades at a lower trailing P/E (4.1x vs 42.6x for Eaton Vance Floating Rate Income).
Virtus Convertible & Income Fund II offers the higher dividend yield (9.92% vs 9.39%).
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 | EFT | NCZ |
|---|---|---|
| Share price | $10.65 | $14.51 |
| Market cap | — | $276.11M |
| 1-day change | +0.38% | +3.50% |
| YTD return | -5.67% | +5.30% |
| 1-year return | -9.44% | +3.72% |
| 5-year return | -28.86% | -31.81% |
| P/E ratio (TTM) | 42.60 | 4.08 |
| EPS (TTM) | $0.25 | $3.56 |
| Dividend yield | 9.39% | 9.92% |
| Annual dividend | $1.00 | $1.44 |
| 52-week high | $11.89 | $16.17 |
| 52-week low | $10.31 | $12.95 |
| Distance from 52-week high | -10.43% | -10.27% |
| Average volume | 114.74K | 65.73K |
| Shares outstanding | — | 19.03M |
| Sector | Finance | Finance |
| Industry | Finance Companies | Finance Companies |
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 EFT by 13.2 percentage points over the past year.
- Eaton Vance Floating Rate Income trades at a higher earnings multiple (42.6x vs 4.1x trailing P/E).
About Eaton Vance Floating Rate Income
EFT stock →Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States.
Finance · Finance Companies
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.
Finance · Finance Companies
EFT vs NCZ FAQ
Which stock has performed better over the past year, EFT or NCZ?
NCZ returned +3.72% over the past 12 months, compared with -9.44% for EFT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EFT or NCZ?
NCZ has the lower trailing P/E at 4.1, versus 42.6 for EFT. 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, Eaton Vance Floating Rate Income or Virtus Convertible & Income Fund II?
Virtus Convertible & Income Fund II has the higher yield at 9.92%, compared with 9.39% for Eaton Vance Floating Rate Income.
Are Eaton Vance Floating Rate Income and Virtus Convertible & Income Fund II in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.