NCZ News and Press, AllianzGI Convertible & Income Fund II of Beneficial Interest From 07/13/22

Certain Virtus Closed-End Funds Announce Shareholder Meeting Results PR Newswire HARTFORD, Conn. , July 13, 2022 /PRNewswire/ -- Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income 2024 Tar...

Leverage can add a lot to a closed-end fund's income, by taking advantage of cheap (sometimes very cheap) interest rates available to large institutional investors. But it has its downside risks, as we saw July 1st when Virtus Capital & Income Fund II had to delay its dividend pay...

Virtus Convertible & Income Fund II Announces Payment of Previously Declared Monthly Common Share Distribution; Reconfirms August 1 Distribution Virtus Convertible & Income Fund II Announces Payment of Previously Declared Monthly Common Share Distribution; Reconfirms Aug...

Virtus Convertible & Income Fund II Postpones Monthly Distribution on Common Shares Virtus Convertible & Income Fund II Postpones Monthly Distribution on Common Shares PR Newswire HARTFORD, Conn. , July 1, 2022 /PRNewswire/ -- Virtus Convert...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad marke...

Virtus Closed-End Funds Announce Fund Name Changes PR Newswire HARTFORD, Conn. , June 8, 2022 /PRNewswire/ -- Six Virtus closed-end funds that are subadvised by Allianz Global Investors (AllianzGI) today announced name changes effective on June 22, 2022...

From our previous update, this fund had gone through some wild premium spike but has come back down. With the latest discount, it appears that the fund is back in the more realistic discount territory, though growth is getting hit hard this year. ACV is heavily weighted to a tech-...

Virtus AllianzGI Closed-End Funds Announce Future Change in Subadviser PR Newswire HARTFORD, Conn. , May 18, 2022 /PRNewswire/ -- Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus AllianzGI Convertible ...

The AllianzGI Convertible & Income Fund II primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. While some Virtus AllianzGI FI funds include equities, investors liking the manager should consider their other funds before NC...

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...