Sign In  |  Register  |  About Corte Madera  |  Contact Us

Corte Madera, CA
September 01, 2020 10:27am
7-Day Forecast | Traffic
  • Search Hotels in Corte Madera

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

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

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, 2024

NCV

$0.034

February 9, 2024

February 12, 2024

February 28, 2024

Virtus Convertible & Income Fund II:

Ticker

Amount of Distribution

Ex-Date

Record Date

Payable Date

NCZ

$0.030

December 8, 2023

December 11, 2023

January 2, 2024

NCZ

$0.030

January 11, 2024

January 12, 2024

January 30, 2024

NCZ

$0.030

February 9, 2024

February 12, 2024

February 28, 2024

Virtus Convertible & Income 2024 Target Term Fund:

Ticker

Amount of Distribution

Ex-Date

Record Date

Payable Date

CBH

$0.046

December 8, 2023

December 11, 2023

January 2, 2024

CBH

$0.046

January 11, 2024

January 12, 2024

January 30, 2024

CBH

$0.046

February 9, 2024

February 12, 2024

February 28, 2024

The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders what distributions to report for federal income tax purposes.

About the Funds

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II each have an investment objective to provide total return through a combination of capital appreciation and high current income. Virtus Convertible & Income 2024 Target Term Fund’s investment objectives are 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 costs of $0.02 per share) to holders of common shares on or about September 1, 2024, when the Fund will terminate absent approval by the Fund’s Board of Trustees to extend the Fund’s term by up to six months. Virtus Investment Advisers, Inc. is the investment adviser to each fund and Voya Investment Management is the subadviser.

For more information on these funds, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section on the web at virtus.com.

Fund Risks

An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about each fund’s investment objective and risks, please see the funds’ annual report. A copy of the funds’ most recent annual report may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 CorteMadera.com & California Media Partners, LLC. All rights reserved.