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

1. NCV announces three quarterly distributions of $0.136 each from April to June 2025. 2. Regular distributions may enhance investor confidence and stabilize NCV's stock price.

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FAQ

Why Bullish?

Regular distributions indicate financial stability and may attract income-focused investors, akin to historical trends where similar announcements elevated stock prices in income funds.

How important is it?

Consistent dividend announcements typically boost share price and investor sentiment, particularly for income-oriented funds.

Why Short Term?

Distributions are likely to enhance price momentum in the short term as investors react positively.

Related Companies

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) today announced the following distributions on their respective common shares: Virtus Convertible & Income Fund: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NCV $0.136 April 11, 2025 April 29, 2025 NCV $0.136 May 12, 2025 May 29, 2025 NCV $0.136 June 12, 2025 June 27, 2025 Virtus Convertible & Income Fund II: Ticker Amount of Distr.

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