Virtus AllianzGI Convertible & Income 2024 Target Term Fund

AllianzGI Convertible & Income 2024 Target Term Fund is a closed-end investment fund. Its objective is to provide a high level of income and to return fund's original net asset value upon termination of the fund. The company was founded on March 21, 2017 and is headquartered in New York, NY.

Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc.

Inv Hg Incm 24 Shs

Nuveen Preferred & Income Term Fund

Block

Wayfair

There are three types of closed-end fund structures: perpetual, term, and target term. Term funds aim to minimize the discount at which the fund trades versus its share price. Today we have four funds that are nearing their completion dates. JPI, DCF, CBH, and IHTA. We'll go through them one-by-one. Term funds are similar to buying a discounted bond that is nearing its maturity. There are a few other risks that are involved here.

Play The Odds With Term Funds: Annualized Gains Up To 15%

Nuveen Quality Municipal Income Fund

PIMCO Dynamic Income Strategy Fund

We review CEF market valuation and performance through the second week of March and highlight recent market action. All sectors of the closed-end fund market saw a rise in NAVs, but discounts were mixed.

CEF Weekly Review: Discount Tightening Is Hard (Ask Nuveen)

Blackrock Income Trust

Carlyle Credit Income Fund

MFS High Yield Municipal Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

Dreyfus High Yield Strategies Fund

Allspring Global Dividend Opportunity Fund

First Trust MLP & Energy Income Fund

First Trust Energy Income and Growth Fund

First Trust Energy Infrastructure Fund

First Trust New Opportunities Mlp & Energy Fund

Western Asset High Income Fund

John Hancock Investors Trust

John Hancock Income Securities Trust

Deutsche Municipal Income Trust

Macquarie/ First Trust Global Infrastructure/ Utilities Dividend & Income Fund

MFS Municipal Income Trust

MFS Government Markets Income Trust

BlackRock Municipal Income Fund

Nuveen California Quality Municipal Income Fund

Nuveen New York Quality Muni Income Fund

Nuveen AMT-Free Quality Municipal Income Fund

Virtus Dividend Interest & Premium Strategy Fund

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) today announced that in light of its anticipated termination on or about September 2, 2024, it will reduce its monthly distribution from $0.046 per share to $0.027 per share effective with the distribution payable March 28, 2024. New Distribution Amount Ex-Date Record Date Payable Date $0.027 March 8, 2024 March 11, 2024 March 28, 2024 $0.027 April 10, 2024 April 11, 2024 April 29, 2024 $0.027 Ma.

Virtus Convertible & Income 2024 Target Term Fund Announces Adjustment to Monthly Distributions

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), and Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) announced the following distributions on their respective common shares: Virtus Convertible & Income Fund: Ticker Amount of Distribution Ex-Date Record Date Payable Date NCV $0.034 December 8, 2023 December 11, 2023 January 2, 2024 NCV $0.034 January 11, 2024 January 12, 2024 January 30,.

Certain Virtus Closed-End Funds Announce Three Monthly Distributions: NCV, NCZ, CBH

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), and Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) announced the following distributions on their respective common shares.

Certain Virtus Closed-End Funds Announce Two Monthly Distributions: NCV, NCZ, CBH

Virtus AllianzGI Diversified Income & Convertible Fund

Virtus Artificial Intelligence & Technology Opportunities Fund

Virtus AllianzGI Equity & Convertible Income Fund

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), and Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) have announced that they will hold a virtual joint meeting of shareholders on May 22, 2023 at 1 p.m. EDT.

Certain Virtus Closed-End Funds Announce Date of Shareholder Meetings

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.046 April 12, 2023 April 13, 2023 May 1, 2023 $0.046 May 10, 2023 May 11, 2023 June 1, 2023 $0.046 June 9, 2023 June 12, 2023 July 3, 2023 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes.

Virtus Convertible & Income 2024 Target Term Fund Announces Monthly Distributions

HARTFORD, Conn. , Jan. 27, 2023 /PRNewswire/ -- Seven Virtus closed-end funds that are subadvised by Voya Investment Management (Voya IM) announced that Ethan Turner has been appointed as a portfolio manager, effective today.

Certain Virtus Closed-End Funds Name Ethan Turner as Portfolio Manager

HARTFORD, Conn. , Dec. 20, 2022 /PRNewswire/ -- Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH), announced the following special year-end distribution of long-term capital gains on its common shares.

Virtus Convertible & Income 2024 Target Term Fund Announces Special Year-End Distribution

No Change to Portfolio Management Teams HARTFORD, Conn. , July 21, 2022 /PRNewswire/ -- The Board of Trustees of Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Equity & Convertible Income Fund (NYSE: NIE), and Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) has approved new subadvisory agreements between the funds' investment adviser, Virtus Investment Advisers, Inc., and Voya Investment Management Co. LLC ("Voya IM").

Certain Virtus Closed-End Funds Announce Shareholder Proposal For New Subadvisory Agreements

Liberty All-Star Growth Fund

Bancroft Fund Ltd

BlackRock Virginia Municipal Bond Trust

Boulder Growth & Income Fund

Blackrock Long-Term Municipal Advantage Trust

Eaton Vance California Municipal Income Trust

MFS Intermediate High Income Fund

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance California Municipal Bond Fund

Franklin Limited Duration Income Trust

Gabelli Equity Trust

Templeton Global Income Fund

Eagle Capital Growth Fund Inc

Tekla Healthcare Investors

Tekla Life Sciences Investors

John Hancock Tax-Advantaged Global Shareholder Yield Fund

4 out of 24 CEF sectors positive on price and 2 out of 24 sectors positive on NAV last week. Date for PIMCO merger of PCI and PKO into PDI announced.

Weekly Closed-End Fund Roundup: November 28, 2021

Virtus Investment Partners

HARTFORD, Conn., Aug. 3, 2021 /PRNewswire/ -- Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus AllianzGI Convertible & Income Fund (NYSE: NCV), Virtus AllianzGI Convertible & Income Fund II (NYSE: NCZ), Virtus AllianzGI Convertible & Income 2024 Target Term Fund (NYSE: CBH), and Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV) announced the following distribution declarations on their respective common shares: Fund Distribution Per Common Share Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund $0.1250 Virtus AllianzGI Convertible & Income Fund $0.0425 Virtus AllianzGI Convertible & Income Fund II $0.0375 Virtus AllianzGI Convertible & Income 2024 Target Term Fund $0.0460 Virtus AllianzGI Diversified Income & Convertible Fund $0.1670 The distributions, declared August 2, 2021, will be payable on September 1, 2021 to shareholders of record on August 12, 2021 with an ex-dividend date of August 11, 2021.

Certain Virtus Closed-End Funds Declare Monthly Distributions: AIO, NCV, NCZ, CBH, and ACV

HARTFORD, Conn., July 16, 2021 /PRNewswire/ -- Allianz Global Investors U.S. LLC (AllianzGI), which manages certain Virtus closed-end funds in a subadvisory capacity, announced that as of March 1, 2022 Douglas G.

Certain Virtus AllianzGI Closed-End Funds Announce Future Change In Portfolio Management Team

Western Asset Mortgage Opportunity Fund

Nuveen Mortgage Opportunity Term Fund

Nuveen Intermediate Duration Municipal Term Fund

We have been discussing tight valuations and ways to reduce risk including shifting to open-end mutual funds as you wait out valuations. Another option is shifting to term funds as a mechanism for reducing downside risk and creating that positive skew amidst rich discounts.

Using Term Funds For A Source Of Cash During Market Sell-Offs

NEW YORK--(BUSINESS WIRE)--AllianzGI Convertible & Income 2024 Target Term Fund (the "Fund") (NYSE: CBH), a diversified closed-end management investment company which seeks to provide a high level of income and to return at least $9.835 per common share (the original net asset value per common share of beneficial interest before deducting offering cost of $0.02 per share) to holders of common shares on or about September 1, 2024, today announced its results for the fiscal quarter and nine m

AllianzGI Convertible & Income 2024 Target Term Fund Reports Results for the Fiscal Quarter and Nine Months Ended November 30, 2020

NEW YORK--(BUSINESS WIRE)--AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), AllianzGI Convertible & Income 2024 Target Term Fund (NYSE: CBH), AllianzGI Convertible & Income Fund (NYSE: NCV), AllianzGI Convertible & Income Fund II (NYSE: NCZ), AllianzGI Diversified Income & Convertible Fund (NYSE: ACV), AllianzGI Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) and AllianzGI Equity & Convertible Income Fund (NYSE: NIE), (each a “Fun

AllianzGI Closed-End Funds Provide Additional Information on Fund Name Changes

NEW YORK--(BUSINESS WIRE)--AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), AllianzGI Convertible & Income 2024 Target Term Fund (NYSE: CBH), AllianzGI Convertible & Income Fund (NYSE: NCV), AllianzGI Convertible & Income Fund II (NYSE: NCZ), AllianzGI Diversified Income & Convertible Fund (NYSE: ACV), AllianzGI Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) and AllianzGI Equity & Convertible Income Fund (NYSE: NIE) (each a “Fund

AllianzGI Closed-End Funds Announce Fund Name Changes

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), AllianzGI Convertible & Income Fund (NYSE: NCV), AllianzGI Convertible & Income Fund II (NYSE: NCZ), AllianzGI Convertible & Income 2024 Target Term Fund (NYSE: CBH), and AllianzGI Diversified Income & Convertible Fund (NYSE: ACV) (each a “Fund” and, collectively, the “Funds”) announced today that they have declared the following distributions o

AIO, NCV, NCZ, CBH and ACV Declare Monthly Distributions

  AIO, NCV, NCZ, CBH, ACV Declare Monthly Distributions

NEW YORK--(BUSINESS WIRE)--AllianzGI Convertible & Income 2024 Target Term Fund (the "Fund") (NYSE: CBH), a diversified limited term closed-end management investment company which seeks to provide a high level of income and to return at least $9.835 per common share (the original net asset value per common share of beneficial interest before deducting offering cost of $0.02 per share) to holders of common shares on or about September 1, 2024, today announced its results for the fiscal quart

AllianzGI Convertible & Income 2024 Target Term Fund Reports Results for the Fiscal Quarter and Six Months Ended August 31, 2020

Ares Dynamic Credit Allocation Fund

BlackRock Multi-Sector Income Trust

ARDC is a higher risk mix of loans and fixed coupon bonds that remains very cheap. It's being valued like an all loan funds but has more bonds in it. BIT is a long-term holding for many in the YH service but we sold out of it last year after the Aviron Capital LLC debacle.

3 Higher-Yielding Opportunities You Should Exploit

AllianzGI Convertible & Income 2024 Target Term Fund Reports Results for the Fiscal Quarter Ended May 31, 2020

CBH: A Multi-Sector CEF For An Uncertain Environment

News for Virtus AllianzGI Convertible & Income 2024 Target Term Fund ETF (CBH)