Virtus Convertible & Income 2024 Target Term Fund Announces Monthly Distributions
March 03 2023 - 3:19PM
Business Wire
Virtus Convertible & Income 2024 Target Term Fund (NYSE:
CBH) today announced the following monthly distributions:
Amount of Distribution
Ex-Date
Record Date
Payable Date
$0.046
April 12, 2023
April 13, 2023
May 1, 2023
$0.046
May 10, 2023
May 11, 2023
June 1, 2023
$0.046
June 9, 2023
June 12, 2023
July 3, 2023
The amounts of distributions reported in this notice are
estimates only and are not being provided for tax reporting
purposes. The actual amounts and sources of the distributions will
depend on the fund’s investment experience during the remainder of
its fiscal year and may be subject to changes based on tax
regulations. The fund or your broker will send shareholders a Form
1099-DIV for the calendar year that will tell shareholders what
distributions to report for federal income tax purposes.
About the Fund
Virtus Convertible & Income 2024 Target Term Fund’s
investment objectives are to provide a high level of income and to
return at least $9.835 per common share (the original net asset
value per common share of beneficial interest before deducting
offering costs of $0.02 per share) to holders of common shares on
or about September 1, 2024. Virtus Investment Advisers, Inc. is the
investment adviser to the Fund and Voya Investment Management is
the subadviser.
For more information on the Fund, contact shareholder services
at (866) 270-7788, by email at closedendfunds@virtus.com, or
through the closed-end fund section on the web at virtus.com.
Fund Risks
An investment in a fund is subject to risk, including the risk
of possible loss of principal. A fund’s shares may be worth less
upon their sale than what an investor paid for them. Shares of
closed-end funds may trade at a premium or discount to their net
asset value. For more information about the Fund’s investment
objective and risks, please see the Fund’s annual report. A copy of
the Fund’s most recent annual report may be obtained free of charge
by contacting Shareholder Services as set forth at the end of this
press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20230303005377/en/
For Further Information:
Shareholder Services (866) 270-7788 closedendfunds@virtus.com
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