Virtus Convertible & Income Fund II Announces Monthly Dividend of $0.12 (NYSE:NCZ)

Virtus Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Wednesday, November 19th. Investors of record on Thursday, February 12th will be paid a dividend of 0.12 per share by the investment management company on Thursday, February 26th. This represents a c) annualized dividend and a yield of 10.5%. The ex-dividend date is Thursday, February 12th.

Virtus Convertible & Income Fund II Trading Up 1.7%

NYSE NCZ traded up $0.23 on Thursday, reaching $13.72. The company had a trading volume of 19,140 shares, compared to its average volume of 72,798. The company’s fifty day moving average is $13.93 and its 200 day moving average is $13.16. Virtus Convertible & Income Fund II has a 52-week low of $10.23 and a 52-week high of $14.44.

Virtus Convertible & Income Fund II Company Profile

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. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.