Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II is a closed-end investment fund that seeks to provide total return through a combination of capital appreciation and high current income. Its primary function is to invest in a diversified portfolio of domestic convertible securities and high-yield bonds rated below investment grade. The fund aims to capture the upside potential of equities with potentially less volatility than a pure stock investment. By focusing on convertible securities and income-producing assets, Virtus Convertible & Income Fund II offers investors a hybrid approach, balancing growth opportunities with regular income. This fund is managed by Voya Investment Management, a prominent asset management firm. Virtus Convertible & Income Fund II plays a significant role in the financial market by providing a unique investment strategy that caters to investors seeking both capital growth and income.