HARTFORD, Conn., June 7, 2022
/PRNewswire/ -- Virtus AllianzGI Convertible & Income Fund
(NYSE: NCV), Virtus AllianzGI Convertible & Income Fund II
(NYSE: NCZ), and Virtus AllianzGI Convertible & Income 2024
Target Term Fund (NYSE: CBH) announced the following distribution
declarations on their respective common shares:
Virtus AllianzGI Convertible & Income Fund:
Ticker
|
Amount of
Distribution
|
Ex-Date
|
Record
Date
|
Payable
Date
|
NCV
|
$0.0425
|
July 8, 2022
|
July 11,
2022
|
August 1,
2022
|
NCV
|
$0.0425
|
August 10,
2022
|
August 11,
2022
|
September 1,
2022
|
NCV
|
$0.0425
|
September 9,
2022
|
September 12,
2022
|
October 3,
2022
|
Virtus AllianzGI Convertible & Income Fund II:
Ticker
|
Amount of
Distribution
|
Ex-Date
|
Record
Date
|
Payable
Date
|
NCZ
|
$0.0375
|
July 8, 2022
|
July 11,
2022
|
August 1,
2022
|
NCZ
|
$0.0375
|
August 10,
2022
|
August 11,
2022
|
September 1,
2022
|
NCZ
|
$0.0375
|
September 9,
2022
|
September 12,
2022
|
October 3,
2022
|
Virtus AllianzGI Convertible & Income Fund 2024 Target
Term Fund:
Ticker
|
Amount of
Distribution
|
Ex-Date
|
Record
Date
|
Payable
Date
|
CBH
|
$0.0460
|
July 8, 2022
|
July 11,
2022
|
August 1,
2022
|
CBH
|
$0.0460
|
August 10,
2022
|
August 11,
2022
|
September 1,
2022
|
CBH
|
$0.0460
|
September 9,
2022
|
September 12,
2022
|
October 3,
2022
|
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 AllianzGI Convertible & Income Fund and Virtus
AllianzGI Convertible & Income Fund II each have an investment
objective to provide total return through a combination of capital
appreciation and high current income. Virtus AllianzGI
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. Virtus Investment Advisers, Inc. is the investment
adviser to each fund and Allianz Global Investors is the
subadviser.
For more information on these funds, contact shareholder
services at 800-254-5197, by email at closedendfunds@virtus.com, or
through the closed-end fund 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 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.
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SOURCE Virtus AllianzGI Convertible & Income Fund; Virtus
AllianzGI Convertible & Income Fund II; Virtus AllianzGI
Convertible & Income 2024 Target Term Fund