Distribution Announcements: Virtus Convertible & Income Fund (NCV) and Virtus Convertible & Income Fund II (NCZ) have announced their upcoming distributions, with NCV distributing $0.136 per share and NCZ distributing $0.12 per share on specified dates in September, October, and November 2025.
Ex-Dates and Payable Dates: The ex-dates for both funds are set for September 12, October 14, and November 13, 2025, with payable dates following on September 29, October 30, and November 26, 2025.
Tax Reporting Information: The reported distribution amounts are estimates and not for tax reporting purposes; actual amounts will depend on the fund's investment performance and may be subject to change based on tax regulations.
Investment Objectives and Risks: Both funds aim to provide total return through capital appreciation and high current income, but investments carry risks, including potential loss of principal and trading at a premium or discount to net asset value.
Wall Street analysts forecast NCZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NCZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast NCZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NCZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 14.110
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Current: 14.110
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About NCZ
Virtus Convertible & Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Fund invests in a diversified portfolio of domestic convertible securities and high-yield bonds. The Fund seeks to invest at least 50% of its total assets in convertible securities, but determines its allocation based on changes in equity prices, changes in interest rates, and other economic and market factors. The Fund's investment advisor is Virtus Investment Advisers, Inc., and its investment subadvisor is Voya Investment Management Co. LLC.
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.
