NCZ News and Press, AllianzGI Convertible & Income Fund II of Beneficial Interest From 12/01/22

VIRTUS CONVERTIBLE & INCOME FUND II ANNOUNCES QUARTERLY DISTRIBUTION: 5.500% SERIES A CUMULATIVE PREFERRED SHARES VIRTUS CONVERTIBLE & INCOME FUND II ANNOUNCES QUARTERLY DISTRIBUTION: 5.500% SERIES A CUMULATIVE PREFERRED SHARES PR Newswire HARTFORD, Conn. , ...

Summary 12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results. NCZ resumes distributions, NCV holders should switch. Author's note: This article was released to CEF/ETF Income Laboratory members ...

Summary NCZ has suspended, and resumed, distributions. Both NCV and NCZ have deleveraged by redeeming their ARPS. The spread between NCV and NCZ is historically wide. Holders of NCV should switch to NCZ for the same exposure. Author's note: This article was rel...

Virtus Convertible & Income Fund II ( NYSE: NCZ ) had declared $0.0375/share monthly dividend , in line with previous. Payable Dec. 1; for shareholders of record Nov. 15; ex-div Nov. 14. See NCZ Dividend Scorecard, Yield Chart, & Dividend Growth. For ...

Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Announce Final Results of ARPS Tender Offers Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Announce Final Results of ARPS Tender Offers PR Newswire NCZ d...

Summary 16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises. A reminder that the Tortoise tender offers are expiring. Author's note: This article was released to CEF/ETF...

Summary Since the last time we touched on NCV, the fund's discount has widened meaningfully. Its sister fund NCZ has had to suspend its distribution a couple of times this year. Despite not having to postpone, they still deleveraged and are doing so again, which can further hu...

Summary Major indices were mostly lower (Dow finished up) on the week as the earnings season unofficially has begun. We also saw a hotter-than-expected CPI. Discounts are widening out once more and approaching levels not seen since the depths of the March 2020 Covid Crash. Discoun...

Summary 0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares. Author's note: This article was released to CEF/ETF Income Laboratory members on October 18th, 2022. Plea...

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...