Virtus Convertible & Income Fund II $NCZ Shares Sold by Wolverine Asset Management LLC

Posted by Brian Himes on Nov 3rd, 2025

Wolverine Asset Management LLC lowered its stake in shares of Virtus Convertible & Income Fund II (NYSE:NCZ – Free Report) by 47.9% during the second quarter, Holdings Channel reports. The firm owned 31,679 shares of the investment management company’s stock after selling 29,120 shares during the period. Wolverine Asset Management LLC’s holdings in Virtus Convertible & Income Fund II were worth $407,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NCZ. Congress Park Capital LLC acquired a new stake in Virtus Convertible & Income Fund II during the second quarter worth approximately $7,101,000. Penserra Capital Management LLC acquired a new stake in Virtus Convertible & Income Fund II during the first quarter worth approximately $3,101,000. Integrated Capital Management Inc. acquired a new stake in Virtus Convertible & Income Fund II during the second quarter worth approximately $236,000. Accredited Investor Services LLC acquired a new stake in Virtus Convertible & Income Fund II during the first quarter worth approximately $210,000. Finally, Elequin Capital LP acquired a new stake in Virtus Convertible & Income Fund II during the first quarter worth approximately $100,000.

Virtus Convertible & Income Fund II Price Performance

NCZ stock opened at $14.31 on Monday. Virtus Convertible & Income Fund II has a twelve month low of $10.23 and a twelve month high of $14.44. The company’s 50 day moving average is $13.83 and its two-hundred day moving average is $12.94.

Virtus Convertible & Income Fund II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, November 13th. This represents a c) dividend on an annualized basis and a dividend yield of 10.1%.

About Virtus Convertible & Income Fund II

(Free Report)

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.