Virtus Convertible & Income Fund Common Shares of Beneficial Interest (NCV)

Competitors to Virtus Convertible & Income Fund Common Shares of Beneficial Interest (NCV)

Franklin Liberty Senior Loan ETF 

The Franklin Liberty Senior Loan ETF (FLBL) competes indirectly with NCV, targeting investors seeking income through senior loans rather than convertible securities. FLBL's focus on floating-rate loans can offer a competitive advantage during rising interest rate periods, potentially attracting income-focused investors who are wary of traditional fixed-income securities. While their investment strategies differ, both attract similar investor demographics looking for yield, creating a competitive landscape.

Invesco Convertible Securities Fund 

Invesco's Convertible Securities Fund (PSF) provides competition to NCV by investing primarily in convertible securities while focusing on total return. With Invesco's extensive distribution network and brand recognition, PSF can attract a substantial investor base. While both funds aim to provide income and capital appreciation, PSF's emphasis on growth potential through active management gives it an edge in appealing to investors looking for a blend of stability and upside.

Nuveen Convertible and Income Fund 

Nuveen Convertible and Income Fund (JQC) operates in the same space as NCV, focusing on generating income through convertible securities. JQC leverages the established brand of Nuveen, which has a strong presence in fixed income markets, alongside a diversified portfolio that appeals to similar investor profiles. Its competitive advantage stems from robust risk management techniques and extensive research capabilities, enabling it to navigate market volatility effectively, thereby attracting yield-seeking investors.

PIMCO Dynamic Credit and Mortgage Income Fund

PIMCO Dynamic Credit and Mortgage Income Fund (PCI) competes with NCV through its focus on a diversified portfolio of credit and mortgage-related securities, promising income generation through skilled asset management. PCI benefits from the vast resources and expertise of the PIMCO investment team, granting it a competitive edge in risk-adjusted returns. As both funds target income-focused investors through distinct strategies, their performance relative to market conditions can significantly influence investor choices.