NCZ-P-A: Virtus Convertible & Income Fund II 5.5% Series A Preferred Stock
Virtus Convertible & Income Fund II's NCZ-P-A is an exchange-traded preferred stock in the Closed-End Fund sector.
At a recent price of $20.14, NCZ-P-A yields 6.83% on its $25 liquidation preference and 5.5% coupon.
It trades at a discount of 19.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2023-09-11.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.