What if you'd held NCZ?
A $1,000 investment in Virtus Convertible & Income Fund II Common Shares of Beneficial Interest (NCZ) at the month-end close of 2003-07 would be worth $3,888 at the close of 2026-08 — +288.8% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $7,783.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-08, dividends included.
Every year, $1,000 from 2003
| Year | Value of $1,000 | Year return |
|---|---|---|
| 2003 | $1,000 | — |
| 2004 | $1,138 | +13.8% |
| 2005 | $1,096 | -3.7% |
| 2006 | $1,360 | +24.1% |
| 2007 | $1,178 | -13.4% |
| 2008 | $460 | -60.9% |
| 2009 | $1,107 | +140.6% |
| 2010 | $1,393 | +25.7% |
| 2011 | $1,308 | -6.0% |
| 2012 | $1,486 | +13.6% |
| 2013 | $1,893 | +27.4% |
| 2014 | $2,091 | +10.5% |
| 2015 | $1,346 | -35.6% |
| 2016 | $1,738 | +29.2% |
| 2017 | $2,175 | +25.1% |
| 2018 | $1,771 | -18.6% |
| 2019 | $2,252 | +27.2% |
| 2020 | $2,505 | +11.2% |
| 2021 | $2,738 | +9.3% |
| 2022 | $1,757 | -35.8% |
| 2023 | $2,070 | +17.8% |
| 2024 | $2,451 | +18.4% |
| 2025 | $3,021 | +23.3% |
| 2026 | $3,633 | +20.3% |
Best and worst month-end to buy
The best single month-end close to have bought NCZ was 2008-11 ($1.47): $1,000 then is $10,578 today. The worst was 2026-06 ($15.66): $1,000 then is $993.
FAQ
What would $1,000 in NCZ be worth today?
A $1,000 investment in Virtus Convertible & Income Fund II Common Shares of Beneficial Interest (NCZ) at the start of 2003 would be worth about $3,888 today, a total return of +288.8%. Dividends are reinvested in these figures.
What were the best and worst years for NCZ?
Virtus Convertible & Income Fund II Common Shares of Beneficial Interest (NCZ)'s strongest calendar year since 2003 was 2009, a +140.6% return — $1,000 held through that year became about $2,406 by year-end. Its weakest year was 2008, at -60.9%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in NCZ have grown?
Investing $100 at the end of every month since 2003-07 would have grown to about $67,331 on $27,800 invested.
Did NCZ beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $7,783. NCZ trailed the S&P 500 by +50.1% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
Virtus Convertible & Income Fund II Common Shares of Beneficial Interest (NCZ) historical total-return data from 2003-07 to 2026-08, reduced to month-end closes for the tables above.
Returns use adjusted close prices from Yahoo Finance historical data — adjusted for stock splits and reinvested dividends — the same convention used by major brokerages. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (Yahoo Finance): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via Yahoo Finance. As of 2026-08. Not financial advice.