Virtus Convertible & Income Fund II (NYSE:NCZ – Get Free Report) declared a monthly dividend on Wednesday, September 2nd. Stockholders of record on Monday, September 14th will be paid a dividend of 0.12 per share by the investment management company on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Monday, September 14th.
Virtus Convertible & Income Fund II Stock Performance
Virtus Convertible & Income Fund II stock opened at $15.27 on Thursday. The company’s 50-day moving average is $15.54 and its 200-day moving average is $15.10. Virtus Convertible & Income Fund II has a fifty-two week low of $12.95 and a fifty-two week high of $16.17.
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.
See Also
- Five stocks we like better than Virtus Convertible & Income Fund II
- Why China’s Memory Chip Breakthrough Won’t Crash the Market
- Enova’s Earnings Surge Meets a Valuation Test
- SLB’s Kelvion Deal Could Change How Investors Value the Oilfield Giant
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
Receive News & Ratings for Virtus Convertible & Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Convertible & Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.
