Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
Virtus Convertible & Income Fund (NYSE: NCV) has declared a $0.3515625 per share cash distribution for its Series A cumulative preferred shareholders. The distribution is payable on September 30, 2024, to shareholders of record on September 13, 2024. The Series A Cumulative Preferred Shares, trading under the symbol NCV PR A, are rated "A" by Fitch Ratings and have an annual dividend rate of $1.40625 per share. These shares were initially issued on September 20, 2018, at $25.00 per share and pay distributions quarterly. The current distribution covers the accrual period from July 1, 2024, through September 30, 2024. Notably, the Series A Cumulative Preferred Shares are now callable at any time at the liquidation value of $25.00 per share plus accrued dividends.
Il Virtus Convertible & Income Fund (NYSE: NCV) ha dichiarato una distribuzione in contante di $0.3515625 per azione per i suoi azionisti preferenziali cumulativi di Serie A. La distribuzione sarà pagabile il 30 settembre 2024, agli azionisti registrati il 13 settembre 2024. Le Azioni Preferenziali Cumulative di Serie A, quotate con il simbolo NCV PR A, hanno un rating di "A" da Fitch Ratings e presentano un tasso di dividendo annuale di $1.40625 per azione. Queste azioni sono state inizialmente emesse il 20 settembre 2018, a $25.00 per azione e pagano distribuzioni su base trimestrale. La distribuzione attuale copre il periodo di maturazione dal 1° luglio 2024 al 30 settembre 2024. È importante notare che le Azioni Preferenziali Cumulative di Serie A possono ora essere richiamate in qualsiasi momento al valore di liquidazione di $25.00 per azione più i dividendi accumulati.
El Virtus Convertible & Income Fund (NYSE: NCV) ha declarado una distribución en efectivo de $0.3515625 por acción para sus accionistas preferentes acumulativos de la Serie A. La distribución será pagadera el 30 de septiembre de 2024, a los accionistas que estén registrados el 13 de septiembre de 2024. Las Acciones Preferentes Acumulativas de la Serie A, que se negocian bajo el símbolo NCV PR A, tienen una calificación de "A" por parte de Fitch Ratings y presentan una tasa de dividendo anual de $1.40625 por acción. Estas acciones fueron emitidas inicialmente el 20 de septiembre de 2018, a $25.00 por acción y pagan distribuciones trimestralmente. La distribución actual cubre el período de acumulación desde el 1 de julio de 2024 hasta el 30 de septiembre de 2024. Notablemente, las Acciones Preferentes Acumulativas de la Serie A ahora pueden ser llamadas en cualquier momento al valor de liquidación de $25.00 por acción más los dividendos acumulados.
Virtus Convertible & Income Fund (NYSE: NCV)는 주당 $0.3515625의 현금 배당금을 시리즈 A 누적 우선주 주주에게 선언했습니다. 배당금은 2024년 9월 30일에 지급될 예정이며, 2024년 9월 13일에 등재된 주주들에게 지급됩니다. NCV PR A 기호로 거래되는 시리즈 A 누적 우선주는 Fitch Ratings로부터
Le Virtus Convertible & Income Fund (NYSE: NCV) a déclaré une distribution en espèces de $0.3515625 par action pour ses actionnaires privilégiés cumulatifs de la Série A. La distribution sera payable le 30 septembre 2024, aux actionnaires enregistrés le 13 septembre 2024. Les Actions Privilégiées Cumulatives de la Série A, négociées sous le symbole NCV PR A, sont notées "A" par Fitch Ratings et ont un taux de dividende annuel de $1.40625 par action. Ces actions ont été initialement émises le 20 septembre 2018, à $25.00 par action et versent des distributions trimestrielles. La distribution actuelle couvre la période d'accumulation du 1er juillet 2024 au 30 septembre 2024. Il est à noter que les Actions Privilégiées Cumulatives de la Série A peuvent désormais être rappelées à tout moment à la valeur de liquidation de $25.00 par action, plus les dividendes accumulés.
Der Virtus Convertible & Income Fund (NYSE: NCV) hat eine Barverteilung von $0.3515625 pro Aktie für seine kumulativen Vorzugsaktionäre der Serie A erklärt. Die Verteilung ist am 30. September 2024 fällig und wird an die am 13. September 2024 registrierten Aktionäre ausgezahlt. Die kumulativen Vorzugsaktien der Serie A, die unter dem Symbol NCV PR A gehandelt werden, haben von Fitch Ratings die Bewertung
- Consistent quarterly distribution maintained for preferred shareholders
- "A" rating from Fitch Ratings for the Series A Cumulative Preferred Shares
- Callable feature provides flexibility for the fund
- None.
The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of
About the Fund
Virtus Convertible & Income Fund has an investment objective to provide total return through a combination of capital appreciation and high current income. Virtus Investment Advisers, Inc. is the investment adviser to the fund and Voya Investment Management is its subadviser.
For more information on this fund, 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 the fund’s investment objective and risks, please see the fund’s annual report. A copy of the fund’s 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 (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 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.
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Shareholder Services
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Convertible & Income Fund
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