NCZ News and Press, AllianzGI Convertible & Income Fund II of Beneficial Interest From 10/16/22

Summary We review CEF market valuation and performance through the first week of October and highlight recent market action. The CEF space was up on the week, led by higher-beta sectors. We discuss some pitfalls in evaluating long-term CEF performance. And highlight latest...

( NYSE: NCZ ) declares $0.0375/share monthly dividend , in line with previous. Forward yield 15.96% Payable Nov. 1; for shareholders of record Oct. 13; ex-div Oct. 12. See NCZ Dividend Scorecard, Yield Chart, & Dividend Growth. For further details...

Virtus Convertible & Income Fund II Postpones Record and Ex-Dividend Dates for Monthly Distribution on Common Shares Virtus Convertible & Income Fund II Postpones Record and Ex-Dividend Dates for Monthly Distribution on Common Shares PR Newswire HARTFORD,...

Summary 2 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Tortoise tender offers are live. RIV rights offering. NCZ postpones its distribution. Author’s note: This article was released to CEF/ETF Income Lab...

Summary NCZ postpones its distribution (again). This was due to it falling below minimum asset coverage requirements. The fund is redeeming some of its preferred shares to deleverage, which will lower future earnings. Author's note: This article was released to CEF...

Virtus Convertible & Income Fund II ( NYSE: NCZ ), formerly known as AllianzGI Convertible & Income Fund II, said it has postponed its monthly distributions as the recent market dislocations have caused the values of the fund's portfolio securities to decline. The ...

Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Commence Tender Offers for Outstanding Auction Rate Preferred Shares Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Commence Tender Offers for Outstanding Auction Rate Pr...

Certain Virtus Closed-End Funds Announce Results of Shareholder Meeting PR Newswire HARTFORD, Conn. , Sept. 28, 2022 /PRNewswire/ -- Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH), Virtus Convertible & Income Fund (NYSE: NCV...

Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Announce Tender Offers for Outstanding Auction Rate Preferred Shares Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Announce Tender Offers for Outstanding Auction Rate Pr...

Summary GLO is having a challenging year, even more so than most funds. The hybrid and flexible approach they are taking isn't working. The high level of leverage could cause deleveraging to occur. Written by Nick Ackerman, co-produced by Stanford Chemist. This art...