Virtus Convertible & Income Fund II (NYSE:NCZ – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.19 and traded as high as $13.20. Virtus Convertible & Income Fund II shares last traded at $13.05, with a volume of 33,888 shares.
Virtus Convertible & Income Fund II Stock Performance
The firm has a 50 day moving average of $3.42 and a 200 day moving average of $3.19.
Virtus Convertible & Income Fund II Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.12 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.03%. The ex-dividend date is Thursday, March 13th.
Institutional Inflows and Outflows
About Virtus Convertible & Income Fund II
Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.
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