{"id":15784,"date":"2026-06-04T02:45:00","date_gmt":"2026-06-04T00:45:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=d5a72e33a1a15e4381042116ffe538ce"},"modified":"2026-06-04T02:45:00","modified_gmt":"2026-06-04T00:45:00","slug":"virtus-convertible-income-fund-ii-announces-quarterly-distribution-5-500-series-a-cumulative-preferred-shares","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=15784","title":{"rendered":"Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares"},"content":{"rendered":"

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund II<\/a> (NYSE: NCZ) announced today that it has declared a $0.34375 per share cash distribution payable on June 30, 2026 to Series A cumulative preferred shareholders of record on June 23, 2026.<\/p>

\nThe Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCZ PR A, are rated \u201cA\u201d by Fitch Ratings and have an annual dividend rate of $1.375 per share. The 4,360,000 Series A Cumulative Preferred Shares were issued September 11, 2018 at $25.00 per share and pay distributions quarterly. This distribution represents the accrual period from April 1, 2026 through June 30, 2026. The Series A Cumulative Preferred Shares are now callable at any time at the liquidation value of $25.00 per share plus accrued dividends.<\/p><\/a><\/a>

\nAbout the Fund<\/b><\/p>

\nVirtus Convertible & Income Fund II<\/a> has an investment objective to provide total return through a combination of capital appreciation and high current income. Virtus Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, Inc., is the investment adviser to the fund and Voya Investment Management<\/a> is its subadviser.<\/p>

\nFor more information on this fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com<\/a>, or through the Closed-End Funds<\/a> section on the web at virtus.com<\/a>.<\/p>

\nFund Risks<\/b><\/p>

\nAn investment in a fund is subject to risk, including the risk of possible loss of principal. A fund\u2019s 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 the fund\u2019s investment objective and risks, please see the fund\u2019s annual report. A copy of the fund\u2019s most recent annual report can be accessed through the Closed-End Funds<\/a> section of virtus.com<\/a> and may be obtained free of charge by contacting \u201cShareholder Services\u201d as set forth at the end of this press release.<\/p>

\nAbout Virtus Investment Partners, Inc.<\/b><\/p>

\nVirtus Investment Partners<\/a> (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers<\/a>, 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<\/a>.<\/p> Contacts<\/b>

\nFor Further Information:<\/span><\/b>Shareholder Services\n(866) 270-7788\nclosedendfunds@virtus.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

HARTFORD, Conn.–(BUSINESS WIRE)–Virtus Convertible & Income Fund II (NYSE: NCZ) announced today that it has declared a $0.34375 per share cash distribution payable on June 30, 2026 to Series A cumulative preferred shareholders of record on June 2…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15784","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15784"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15784\/revisions"}],"predecessor-version":[{"id":15786,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15784\/revisions\/15786"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}