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

Virtus Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Wednesday, September 2nd. Investors of record on Tuesday, October 13th will be given a dividend of 0.12 per share by the investment management company on Thursday, October 29th. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Tuesday, October 13th.

Virtus Convertible & Income Fund II Trading Up 0.0%

Shares of Virtus Convertible & Income Fund II stock opened at $15.27 on Thursday. Virtus Convertible & Income Fund II has a 12-month low of $12.95 and a 12-month high of $16.17. The firm’s 50-day moving average price is $15.54 and its two-hundred day moving average price is $15.10.

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.