Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions
Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) have announced their monthly distributions to shareholders. The announcement notes that the distribution amounts are estimates and final tax reporting details will be provided via Form 1099-DIV at the end of the calendar year. The actual distribution amounts and sources will be determined based on the fund's investment performance during the remaining fiscal year, subject to tax regulation adjustments.
Virtus Convertible & Income Fund (NYSE: NCV) e Virtus Convertible & Income Fund II (NYSE: NCZ) hanno annunciato le loro distribuzioni mensili agli azionisti. L'annuncio sottolinea che gli importi delle distribuzioni sono stime e che i dettagli finali per la dichiarazione fiscale saranno forniti tramite il Modulo 1099-DIV alla fine dell'anno solare. Gli importi effettivi delle distribuzioni e le loro fonti saranno determinati in base alla performance degli investimenti del fondo durante il restante anno fiscale, soggetti ad aggiustamenti delle normative fiscali.
Virtus Convertible & Income Fund (NYSE: NCV) y Virtus Convertible & Income Fund II (NYSE: NCZ) han anunciado sus distribuciones mensuales a los accionistas. El anuncio señala que los montos de las distribuciones son estimaciones y que los detalles finales para la declaración de impuestos se proporcionarán a través del Formulario 1099-DIV al final del año calendario. Los montos reales de las distribuciones y sus fuentes se determinarán en función del rendimiento de las inversiones del fondo durante el resto del año fiscal, sujetos a ajustes de las regulaciones fiscales.
Virtus Convertible & Income Fund (NYSE: NCV)와 Virtus Convertible & Income Fund II (NYSE: NCZ)가 주주들에게 월 배당금을 발표했습니다. 발표에서는 배당금 금액이 추정치이며, 최종 세무 보고 세부 사항은 회계 연도 말에 1099-DIV 양식을 통해 제공될 것이라고 언급하고 있습니다. 실제 배당금 금액과 출처는 남은 회계 연도 동안의 펀드 투자 성과에 따라 결정되며, 세금 규정 조정에 따라 달라질 수 있습니다.
Virtus Convertible & Income Fund (NYSE: NCV) et Virtus Convertible & Income Fund II (NYSE: NCZ) ont annoncé leurs distributions mensuelles aux actionnaires. L'annonce précise que les montants des distributions sont des estimations et que les détails finaux pour la déclaration fiscale seront fournis via le formulaire 1099-DIV à la fin de l'année civile. Les montants réels des distributions et leurs sources seront déterminés en fonction de la performance d'investissement du fonds durant le reste de l'année fiscale, sous réserve des ajustements réglementaires fiscaux.
Virtus Convertible & Income Fund (NYSE: NCV) und Virtus Convertible & Income Fund II (NYSE: NCZ) haben ihre monatlichen Ausschüttungen an die Aktionäre angekündigt. In der Ankündigung wird darauf hingewiesen, dass die Ausschüttungsbeträge Schätzungen sind und die endgültigen steuerlichen Berichtdetails am Ende des Kalenderjahres über das Formular 1099-DIV bereitgestellt werden. Die tatsächlichen Ausschüttungsbeträge und -quellen werden basierend auf der Anlageperformance des Fonds im verbleibenden Geschäftsjahr bestimmt, vorbehaltlich Anpassungen der Steuervorschriften.
- Regular monthly distributions maintained
- None.
Virtus Convertible & Income Fund:
Ticker |
Amount of Distribution |
Ex-Date/Record Date |
Payable Date |
NCV |
|
April 11, 2025 |
April 29, 2025 |
NCV |
|
May 12, 2025 |
May 29, 2025 |
NCV |
|
June 12, 2025 |
June 27, 2025 |
Virtus Convertible & Income Fund II:
Ticker |
Amount of Distribution |
Ex-Date/Record Date |
Payable Date |
NCZ |
|
April 11, 2025 |
April 29, 2025 |
NCZ |
|
May 12, 2025 |
May 29, 2025 |
NCZ |
|
June 12, 2025 |
June 27, 2025 |
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 for tax purposes 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 you a Form 1099-DIV for the calendar year that will tell you 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 Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, 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 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 each fund’s investment objective and risks, please see the funds’ annual report. A copy of the funds’ 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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For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II
FAQ
When will NCZ shareholders receive their Form 1099-DIV for tax reporting?
Are the announced NCZ fund distributions final amounts?
How frequently does NCZ distribute payments to shareholders?
What determines the final distribution amounts for NCZ shareholders?
