Virtus Convertible & Income Fund II (NCZ) vs Invesco Advantage Municipal Income II (VKI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Virtus Convertible & Income Fund II (NCZ) has outperformed Invesco Advantage Municipal Income II (VKI) over the past year, losing 1.0% versus a loss of 13.4%. Over five years, NCZ leads with a -34.1% price change compared with -38.9% for VKI. Invesco Advantage Municipal Income II is the larger company by market cap ($345.7 million vs $276.1 million), about 1.3 times the size.
On valuation, Virtus Convertible & Income Fund II trades at a lower trailing P/E (4.1x vs 31.1x for Invesco Advantage Municipal Income II). Invesco Advantage Municipal Income II pays a dividend yielding 8.62%, while Virtus Convertible & Income Fund II 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 | NCZ | VKI |
|---|---|---|
| Share price | $14.51 | $7.78 |
| Market cap | $276.11M | $345.72M |
| 1-day change | +3.50% | +3.32% |
| YTD return | +1.74% | -17.43% |
| 1-year return | -0.99% | -13.45% |
| 5-year return | -34.12% | -38.93% |
| P/E ratio (TTM) | 4.08 | 31.12 |
| EPS (TTM) | $3.56 | $0.25 |
| Dividend yield | 10.27% | 8.62% |
| Annual dividend | $0.00 | $0.671 |
| 52-week high | $16.17 | $9.60 |
| 52-week low | $12.95 | $7.25 |
| Distance from 52-week high | -10.27% | -18.96% |
| Analyst consensus | — | buy |
| Average volume | 64.43K | 147.09K |
| Shares outstanding | 19.03M | 44.44M |
| 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 VKI by 12.5 percentage points over the past year.
- Invesco Advantage Municipal Income II trades at a higher earnings multiple (31.1x vs 4.1x trailing P/E).
- Virtus Convertible & Income Fund II offers a meaningfully higher dividend yield (10.27% vs 8.62%).
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
About Invesco Advantage Municipal Income II
VKI stock →Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc.
Finance · Finance Companies
NCZ vs VKI FAQ
Which is bigger, Virtus Convertible & Income Fund II or Invesco Advantage Municipal Income II?
Invesco Advantage Municipal Income II (VKI) is larger, with a market capitalization of $345.72M compared with $276.11M for Virtus Convertible & Income Fund II (NCZ).
Which stock has performed better over the past year, NCZ or VKI?
NCZ returned -0.99% over the past 12 months, compared with -13.45% for VKI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NCZ or VKI?
NCZ has the lower trailing P/E at 4.1, versus 31.1 for VKI. 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, Virtus Convertible & Income Fund II or Invesco Advantage Municipal Income II?
Virtus Convertible & Income Fund II has the higher yield at 10.27%, compared with 8.62% for Invesco Advantage Municipal Income II.
Are Virtus Convertible & Income Fund II and Invesco Advantage Municipal Income II in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.