Virtus Convertible & Income 2024 Target Term Fund

CBH

時価総額 $1.68億

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) (“the Fund”) today announced additional details regarding its previously announced liquidation. The Fund's last day of trading on the New York Stock Exchange will be August 26, 2024, after which there will be no secondary market for the Fund's shares. The Fund will be liquidated after the close of business on August 30, 2024 (“Termination Date”). The proportionate interests in the Fund's assets w.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), Virtus Global Multi-Sector In.

There are three types of closed-end fund structures: perpetual, term, and target term. Term funds aim to minimize the discount at which the fund trades versus its share price. Today we have four funds that are nearing their completion dates. JPI, DCF, CBH, and IHTA. We'll go through them one-by-one. Term funds are similar to buying a discounted bond that is nearing its maturity. There are a few other risks that are involved here.

We review CEF market valuation and performance through the second week of March and highlight recent market action. All sectors of the closed-end fund market saw a rise in NAVs, but discounts were mixed.

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) today announced that in light of its anticipated termination on or about September 2, 2024, it will reduce its monthly distribution from $0.046 per share to $0.027 per share effective with the distribution payable March 28, 2024. New Distribution Amount Ex-Date Record Date Payable Date $0.027 March 8, 2024 March 11, 2024 March 28, 2024 $0.027 April 10, 2024 April 11, 2024 April 29, 2024 $0.027 Ma.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), and Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) announced the following distributions on their respective common shares: Virtus Convertible & Income Fund: Ticker Amount of Distribution Ex-Date Record Date Payable Date NCV $0.034 December 8, 2023 December 11, 2023 January 2, 2024 NCV $0.034 January 11, 2024 January 12, 2024 January 30,.