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

Virtus Convertible & Income Fund II (NYSE:NCZ) announced 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) annualized dividend and a dividend yield of 9.1%. The ex-dividend date of this dividend is Monday, June 15th.

Virtus Convertible & Income Fund II Trading Up 0.6%

Shares of NCZ stock opened at $15.75 on Friday. Virtus Convertible & Income Fund II has a twelve month low of $12.15 and a twelve month high of $15.99. The stock has a fifty day simple moving average of $14.93 and a two-hundred day simple moving average of $14.44.

Institutional Investors Weigh In On Virtus Convertible & Income Fund II

Several hedge funds have recently made changes to their positions in NCZ. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Virtus Convertible & Income Fund II by 4,943.6% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 7,515 shares of the investment management company’s stock worth $104,000 after buying an additional 7,366 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of Virtus Convertible & Income Fund II in the 4th quarter worth $131,000. CoreCap Advisors LLC raised its position in shares of Virtus Convertible & Income Fund II by 10.1% in the 4th quarter. CoreCap Advisors LLC now owns 10,530 shares of the investment management company’s stock worth $145,000 after acquiring an additional 969 shares in the last quarter. PFG Investments LLC raised its position in shares of Virtus Convertible & Income Fund II by 8.9% in the 4th quarter. PFG Investments LLC now owns 11,390 shares of the investment management company’s stock worth $157,000 after acquiring an additional 927 shares in the last quarter. Finally, Readystate Asset Management LP bought a new position in shares of Virtus Convertible & Income Fund II in the 4th quarter worth $174,000.

About Virtus Convertible & Income Fund II

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.