Virtus Convertible & Income Fund II (NYSE:NCZ) Declares $0.12 Monthly Dividend

Virtus Convertible & Income Fund II (NYSE:NCZ) declared a monthly dividend on Wednesday, June 3rd. Investors of record on Monday, July 13th will be given a dividend of 0.12 per share by the investment management company on Thursday, July 30th. This represents a c) annualized dividend and a dividend yield of 9.1%. The ex-dividend date is Monday, July 13th.

Virtus Convertible & Income Fund II Stock Performance

NYSE:NCZ opened at $15.74 on Thursday. The firm’s fifty day simple moving average is $14.88 and its 200 day simple moving average is $14.42. Virtus Convertible & Income Fund II has a twelve month low of $12.15 and a twelve month high of $15.99.

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.