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Stock impact report

High Current Yield With Solid Credit Rating: A Closer Look At NCZ And Its Preferred Stock NCZ.PR.A [Seeking Alpha]

Virtus AllianzGI Convertible & Income Fund II Common Shares of Beneficial Interest (NCZ) 
US:NYSE Investor Relations: morningstar.com/cefs/xnys/nie/quote.html
Company Research Source: Seeking Alpha
NCZ's portfolio is diversified across 221 holdings, with 62% in convertible securities and significant sector allocations to IT, Industrials, and Financials. NCZ.PR.A trades below par, is callable anytime, and currently yields over 6.6%, though its distributions are not qualified. Despite higher leverage and expenses, NCZ benefits from 1940 Act regulation, robust asset coverage, and consistent outperformance versus peers. This idea was discussed in more depth with members of my private investing community, Trade With Beta. Learn More » We Are/DigitalVision via Getty Images We continue our search for financial instruments with minimal credit risk. Today, we will look at Virtus Convertible & Income Fund II ( NCZ ) and its preferred stock ( NCZ.PR.A NCZ basic information Total Net Assets: Close More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial Show less Read more
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