Virtus Convertible & Income Fund II (NCZ) To Go Ex-Dividend on June 15th

Virtus Convertible & Income Fund II (NYSE:NCZ) declared a monthly dividend on Wednesday, June 3rd. Shareholders of record on Monday, June 15th will be paid a dividend of 0.12 per share by the investment management company on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Monday, June 15th.

Virtus Convertible & Income Fund II Price Performance

Virtus Convertible & Income Fund II stock opened at $15.65 on Friday. The business’s fifty day simple moving average is $15.16 and its two-hundred day simple moving average is $14.51. Virtus Convertible & Income Fund II has a 12 month low of $12.15 and a 12 month high of $15.99.

Virtus Convertible & Income Fund II Company Profile

Virtus Convertible & Income Fund II (NYSE: NCZ) is a diversified, closed‐end management investment company that seeks to provide shareholders with a combination of current income and capital appreciation. The fund primarily invests in convertible securities issued by U.S. and non-U.S. companies, along with a mix of high‐yield and investment-grade fixed-income instruments. By blending exposure to equity-linked convertibles and traditional debt, NCZ aims to deliver enhanced returns across varying market environments.

The portfolio is actively managed by the Virtus Convertible & Income Portfolio Management Team, a group of seasoned investment professionals affiliated with Virtus Investment Partners.