Virtus AllianzGI Convertible & Income Fund

AllianzGI Convertible & Income Fund is diversified, closed-end fund, which seeks to provide total return through a combination of capital appreciation and current income. It invests in a portfolio of domestic convertible securities and non-convertible high yield bonds rated below investment grade. The company was founded on January 17, 2003 and is headquartered in New York, NY.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on September 29, 2023 to Series A cumulative preferred shareholders of record on September 11, 2023. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulat.

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Virtus AllianzGI Convertible & Income 2024 Target Term 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 September 8, 2023 September 11, 2023 October 2, 2023 NCV $0.034 October 11, 2023 October 12, 2023 November.

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

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ), closed-end funds, today announced the issuance of mandatory redeemable preferred (“MRP”) shares. NCV issued shares in two series: Series # of Shares Total Offering Maturity Date A 2,040,000 $51 million May 26, 2028 B 600,000 $15 million May 26, 2030 NCZ issued: Series # of Shares Total Offering Maturity Date A 880,000 $22 million May 26, 2028 The shares of.

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Private Placement of Mandatory Redeemable Preferred Shares

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 Convertible & Income Fund is a closed-end fund focused on domestic convertible securities and high-yield bonds. The fund has a 22% leverage ratio, mainly obtained through an outstanding series of preferred shares.

NCV: The Preferred Shares Look More Attractive Than The Common

Virtus AllianzGI Diversified Income & Convertible Fund

Virtus Artificial Intelligence & Technology Opportunities Fund

Virtus Dividend Interest & Premium Strategy 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

BlackRock Science and Technology Trust II

Herzfeld Caribbean Basin Fund Inc

Duff & Phelps Global Utility Income Fund Inc

Ellsworth Growth and Income Fund

Stone Harbor Emerging Markets Total Income Fund

Eagle Point Income Company Inc

Eaton Vance National Municipal Opportunities Trust

Gabelli Equity Trust

Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Utility Trust

Aberdeen Australia Equity Fund Inc

CBRE Global Real Estate Income Fund

Oxford Lane Capital

Pimco Municipal Income Fund

Cushing MLP & Infrastructure Total Return Fund

Templeton Emerging Markets Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

YieldShares High Income ETF

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

Weekly Closed-End Fund Roundup: March 12, 2023

Western Asset Mortgage Opportunity Fund

John Hancock Investors Trust

John Hancock Income Securities Trust

Western Asset Diversified Income Fund

We review CEF market valuation and performance through the second week of March and highlight recent market action. CEFs mostly struggled, outside of the higher-quality sectors as two bank failures spooked markets.

CEF Weekly Review: More Of The Same On The Distribution Front

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) announced that each fund will adjust the monthly distribution of its respective common shares effective with the April distribution payable May 1, 2023: Virtus Convertible & Income Fund: Ticker Current Distribution Amount New Distribution Amount Ex-Date Record Date Payable Date NCV $0.0425 $0.034 April 12, 2023 April 13, 2023 May 1, 2023 NCV $0.0425 $0.

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Adjustments to Monthly Distributions

NCV and NCZ have seen their discounts narrow from the wide discount we saw several months ago. NCZ presents a potentially better opportunity with a larger discount compared to NCV.

NCV And NCZ: Discounts Narrow For Both, But One Looking More Appealing

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., Jan. 4, 2023 /PRNewswire/ -- Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) (each, a "Fund" and, together, the "Funds"), today announced that each Fund will redeem, at liquidation preference plus any accumulated but unpaid dividends, its remaining auction rate preferred shares ("ARPS") beginning on January 23, 2023 and concluding on January 27, 2023.

Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Announce Redemption of Remaining Auction Rate Preferred Shares

HARTFORD, Conn. , Dec. 1, 2022 /PRNewswire/ -- Virtus Convertible & Income Fund (NYSE: NCV), announced today that it has declared a $0.3515625 per share cash distribution payable on December 30, 2022 to Series A cumulative preferred shareholders of record on December 12, 2022.

VIRTUS CONVERTIBLE & INCOME FUND ANNOUNCES QUARTERLY DISTRIBUTION: 5.625% SERIES A CUMULATIVE PREFERRED SHARES

Invesco High Income 2023 Target Term Fund

We review CEF market valuation and performance through the second week of November and highlight recent market action. CEFs had a strong week with all sectors finishing in the green on the back of a downside inflation surprise.

CEF Weekly Review: Can We Expect CEF Prices To Come Back?

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

Blackrock Health Sciences Trust

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

First Trust / Aberdeen Emerging Opportunity Fund

Eagle Capital Growth Fund Inc

John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund

New American High Income Fund

BlackRock Corporate High Yield Fund

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

Macquarie Global Infrastructure Total Return Fund Inc

Tortoise Energy Independence Fund, Inc.

Nuveen Missouri Quality Municipal Income Fund

Tortoise MLP Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PCM Fund

Pimco California Municipal Income Fund

Pimco Municipal Income Fund II

Pimco California Municipal Income Fund III

RiverNorth Opportunities Fund, Inc.

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

NCZ declares October distribution; starts process to pay  previously declared common share distribution HARTFORD, Conn. , Nov. 3, 2022 /PRNewswire/ -- Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) (each, a "Fund" and, together, the "Funds"), today announced final results for each Fund's voluntary tender offer (each, a "Tender Offer" and, together, the "Tender Offers") for up to 100% of its outstanding auction rate preferred shares ("ARPS").

Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Announce Final Results of ARPS Tender Offers

BlackRock Taxable Municipal Bond Trust

Central and Eastern Europe Fund

Doubleline Opportunistic Credit Fund

European Equity Fund

Eaton Vance Short Duration Diversified Income Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

New Ireland Fund Inc

Madison Fund

Putnam Municipal Opportunities Trust

Cohen And Steers Total Return Realty Fund

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

Since the last time we touched on NCV, the fund's discount has widened meaningfully. Its sister fund NCZ has had to suspend its distribution a couple of times this year.

Virtus Convertible & Income Fund: Better Valuation, But Still Cautious

John Hancock Financial Opportunities Fund

Stone Harbor Emerging Markets Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Nuveen Arizona Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Putnam High Income Securities Fund

Columbia Seligman Premium Technology Growth Func Inc

Delaware Investments

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

Neuberger Berman Next Generation Connectivity Fund

This selloff has set up a very rare opportunity to bag 12%+ yields

Bargain Hunting Time: 3 Deeply Discounted Funds Yielding 12%+

Advent Convertible and Income Fund

Eagle Point Credit

Eaton Vance Limited Duration Income Fund

PIMCO Income Strategy Fund II

Virtus Global Multi-Sector Income Fund

Using strategies that incorporate high-yield bonds or collateralized loan obligations, some funds have outpaced inflation. They're worth a look.

10 Funds That Beat Inflation and Offer Steady Monthly Income, With Some Risk

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

HARTFORD, Conn. , June 1, 2022 /PRNewswire/ -- Virtus AllianzGI Convertible & Income Fund (NYSE: NCV), announced today that it has declared a $0.3515625 per share cash distribution payable on June 30, 2022 to Series A cumulative preferred shareholders of record on June 13, 2022.

VIRTUS ALLIANZGI CONVERTIBLE & INCOME FUND DECLARES QUARTERLY DISTRIBUTION: 5.625% SERIES A CUMULATIVE PREFERRED SHARES

NCV is a closed end fund focused on domestic convertible securities and high yield bonds. The fund is highly leveraged making it a very cyclical closed end fund.

NCV: Highly Leveraged Convertibles Fund, 11.4% Yield

Delaware Investments Colorado Municipal Income Fund Inc

Delaware Investments Minnesota Municipal Income Fund II Inc

We review CEF market valuation and performance over the second week of November and highlight recent market events. Discounts mostly rallied this week despite broadly lower NAVs due to rising Treasury yields and lower stocks.

CEF Weekly Market Review: CEF Market Pushes Through Inflation Scare

News for Virtus AllianzGI Convertible & Income Fund ETF (NCV)