Virtus Convertible & Income Fund II (NCZ) To Go Ex-Dividend on March 16th

Virtus Convertible & Income Fund II (NYSE:NCZ) declared a monthly dividend on Wednesday, March 4th. Investors of record on Monday, March 16th will be given a dividend of 0.12 per share by the investment management company on Monday, March 30th. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Monday, March 16th.

Virtus Convertible & Income Fund II Stock Down 2.2%

Shares of Virtus Convertible & Income Fund II stock opened at $14.34 on Friday. Virtus Convertible & Income Fund II has a twelve month low of $10.23 and a twelve month high of $14.99. The firm’s 50-day moving average price is $14.44 and its 200 day moving average price is $14.03.

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.