Equities

Virtus Convertible & Income 2024 Target Term Fund

CBH:NYQ

Virtus Convertible & Income 2024 Target Term Fund

Actions
FinancialsClosed End Investments
  • Price (USD)8.89
  • Today's Change-0.010 / -0.11%
  • Shares traded4.54k
  • 1 Year change+4.96%
  • Beta--
Data delayed at least 15 minutes, as of May 02 2024 16:50 BST.
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About the company

Virtus Convertible & Income 2024 Target Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objectives are to provide a high level of income and to return the original net asset value. It invests at least 80% of its managed assets in a diversified portfolio of convertible securities and income-producing debt instruments, employs a multi-asset strategy that seeks to generate high current income by dynamically allocating assets to the following three segments of a company’s capital structure: Convertible securities, High yield securities and Senior secured loans. Convertible securities offer current income, downside protection, and potential capital appreciation. High yield securities offer high income potential and have a potentially favorable risk/reward profile, relative to other fixed income asset classes. Its investment advisor is Virtus Investment Advisers, Inc. and investment subadvisor is Voya Investment Management Co. LLC.

  • Revenue in -- (TTM)--
  • Net income in --
  • Incorporated2017
  • Employees--
  • Location
    Virtus Convertible & Income 2024 Target Term Fund101 Munson StreetGREENFIELD 01301United StatesUSA
  • Phone+1 (617) 951-7096
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Institutional shareholders

26.59%Per cent of shares held by top holders
HolderShares% Held
Punch & Associates Investment Management, Inc.as of 31 Dec 20231.25m6.83%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 20231.15m6.31%
Wells Fargo Clearing Services LLCas of 31 Dec 2023557.73k3.05%
Stifel Nicolaus & Co., Inc. (Investment Management)as of 31 Dec 2023369.76k2.03%
Advisors Asset Management, Inc.as of 31 Dec 2023299.62k1.64%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Dec 2023283.25k1.55%
RBC Capital Markets LLC (Investment Management)as of 31 Dec 2023277.33k1.52%
RiverNorth Capital Management LLCas of 31 Dec 2023262.73k1.44%
UBS Financial Services, Inc.as of 31 Dec 2023229.21k1.26%
Sit Investment Associates, Inc.as of 31 Dec 2023177.44k0.97%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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