Virtus Convertible & Income Fund (NYSE:NCV) Declares $0.14 Monthly Dividend

Virtus Convertible & Income Fund (NYSE:NCV) declared a monthly dividend on Wednesday, November 19th. Shareholders of record on Monday, January 12th will be given a dividend of 0.136 per share by the investment management company on Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 10.8%. The ex-dividend date of this dividend is Monday, January 12th.

Virtus Convertible & Income Fund Stock Up 1.7%

NYSE:NCV traded up $0.26 during trading hours on Thursday, hitting $15.12. The company had a trading volume of 4,422 shares, compared to its average volume of 101,240. Virtus Convertible & Income Fund has a 1 year low of $11.51 and a 1 year high of $15.83. The company has a 50-day moving average of $15.32 and a 200 day moving average of $14.48.

About Virtus Convertible & Income Fund

Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.