Virtus Convertible & Income Fund II (NCZ) vs Invesco Pennsylvania Value Municipal Income (VPV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Invesco Pennsylvania Value Municipal Income (VPV) has outperformed Virtus Convertible & Income Fund II (NCZ) over the past year, gaining 4.1% versus a gain of 1.0%. Over five years, VPV leads with a -18.6% price change compared with -34.1% for NCZ. On valuation, Virtus Convertible & Income Fund II trades at a lower trailing P/E (3.9x vs 38.8x for Invesco Pennsylvania Value Municipal Income).
Virtus Convertible & Income Fund II offers the higher dividend yield (10.27% vs 7.37%).
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 | VPV |
|---|---|---|
| Share price | $14.02 | $10.85 |
| Market cap | $266.79M | — |
| 1-day change | 0.00% | +0.93% |
| YTD return | +1.74% | +3.73% |
| 1-year return | +1.01% | +4.13% |
| 5-year return | -34.12% | -18.60% |
| P/E ratio (TTM) | 3.94 | 38.75 |
| EPS (TTM) | $3.56 | $0.28 |
| Dividend yield | 10.27% | 7.37% |
| Annual dividend | $1.44 | $0.80 |
| 52-week high | $16.17 | $11.50 |
| 52-week low | $12.95 | $10.23 |
| Distance from 52-week high | -13.30% | -5.65% |
| Analyst consensus | — | none |
| Average volume | 64.43K | 28.18K |
| Shares outstanding | 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
- Invesco Pennsylvania Value Municipal Income trades at a higher earnings multiple (38.8x vs 3.9x trailing P/E).
- Virtus Convertible & Income Fund II offers a meaningfully higher dividend yield (10.27% vs 7.37%).
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
About Invesco Pennsylvania Value Municipal Income
VPV stock →Invesco Pennsylvania Value Municipal Income Trust 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.
Financial Services · Asset Management
NCZ vs VPV FAQ
Which stock has performed better over the past year, NCZ or VPV?
VPV returned +4.13% over the past 12 months, compared with +1.01% for NCZ (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NCZ or VPV?
NCZ has the lower trailing P/E at 3.9, versus 38.8 for VPV. 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 Pennsylvania Value Municipal Income?
Virtus Convertible & Income Fund II has the higher yield at 10.27%, compared with 7.37% for Invesco Pennsylvania Value Municipal Income.
Are Virtus Convertible & Income Fund II and Invesco Pennsylvania Value Municipal Income in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.