NCZ News and Press, AllianzGI Convertible & Income Fund II of Beneficial Interest From 04/23/22

We review CEF market valuation and performance through the second week of April and highlight recent market action. The recent rally fizzled as the CEF space fell sharply with most sectors dropping more than 1%. We highlight funds that are likely to be more resilient in the face o...

We review CEF market valuation and performance through the last week of March and highlight recent market action. CEFs rallied strongly to close out a pretty poor quarter for returns. We discuss some of the misconceptions surrounding interest rates and the performance of loan CEFs...

A convertible bond combines features of stocks and traditional fixed income securities. In rising rate environments, convertibles have historically done quite well relative to longer-duration traditional fixed income investments. For a lot of investors, it’s tough to buy eq...

There are several reasons why closed-end funds can pay higher distribution yields to investors. Closed-end funds can invest in more complex investments and include leverage or other strategies to help generate higher yields. These more stable payouts from these funds can be a mass...

VIRTUS ALLIANZGI CONVERTIBLE & INCOME FUND II DECLARES QUARTERLY DISTRIBUTION: 5.500% SERIES A CUMULATIVE PREFERRED SHARES VIRTUS ALLIANZGI CONVERTIBLE & INCOME FUND II DECLARES QUARTERLY DISTRIBUTION: 5.500% SERIES A CUMULATIVE PREFERRED SHARES PR Newswire ...

We highlight FFC - a strong performer in the preferreds sector that has just moved out to an attractive valuation. We also use FFC as a case study of how the Fed's rate hiking trajectory will raise most fund leverage costs and reduce CEF net income levels. And discuss strategies f...

NCZ and its sister fund NCV share many similarities as convertible and high-yield bond investing funds. I've covered NCV previously, but NCZ looks to be a better deal at this time due to the discount. While these funds are higher-yielding funds in the convertible space, there are ...

BCV has been getting hit by the market, and discounts have expanded, similar to its sister fund, ECF. These funds operate in the convertible space, but BCV seems to be more pure-play. Interest rates can play less of a role in the performance of convertibles; instead, it generally ...

CERTAIN VIRTUS CLOSED-END FUNDS DECLARE THREE MONTHLY DISTRIBUTIONS: NCV, NCZ, CBH PR Newswire HARTFORD, Conn. , Dec. 17, 2021 /PRNewswire/ -- Virtus AllianzGI Convertible & Income Fund (NYSE: NCV), Virtus AllianzGI Convertible & Income Fund II (N...

We review CEF market valuation and performance over the first week of November and highlight recent market events. November so far delivered NAV gains across all CEF sectors - an unusual occurrence - due to the rally in both stocks and treasuries. Elevated market valuations are pr...