Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2024
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Source: Businesswire
Cash Distribution Announcement: Virtus Convertible & Income Fund declared a cash distribution of $0.3515625 per share for Series A cumulative preferred shareholders, payable on September 30, 2024, to those on record by September 13, 2024.
Fund Overview and Risks: The fund aims for total return through capital appreciation and high current income, with risks including potential loss of principal and shares trading at a premium or discount to net asset value.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
