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

In This Article:

HARTFORD, Conn., November 16, 2023--(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, 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 [email protected], or through the Closed-End Funds section on the web at virtus.com.