Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2024
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Source: Businesswire
Distribution Announcement: Virtus Convertible & Income Fund II declared a cash distribution of $0.34375 per share for Series A cumulative preferred shareholders, payable on December 31, 2024, to those on record by December 12, 2024.
Fund Overview: The fund aims to provide total return through capital appreciation and high current income, with shares rated “A” by Fitch Ratings and callable at their liquidation value of $25.00 plus accrued dividends.
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.
