Virtus Convertible & Income Fund II (NYSE:NCZ – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.28 and traded as high as $15.90. Virtus Convertible & Income Fund II shares last traded at $15.6830, with a volume of 79,186 shares traded.
Virtus Convertible & Income Fund II Price Performance
The firm’s 50 day moving average price is $14.49 and its two-hundred day moving average price is $14.29.
Virtus Convertible & Income Fund II Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Monday, May 11th will be paid a $0.12 dividend. The ex-dividend date is Monday, May 11th. This represents a c) annualized dividend and a dividend yield of 9.4%.
Hedge Funds Weigh In On Virtus Convertible & Income Fund II
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.
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