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Virtus Convertible & Income 2024 Target Term Fund has announced a special year-end distribution | Jobs Vox

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Hartford, Conn, December 20, 2022 /PRNewswire/ — Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH ), announced the following special year-end long-term capital gains distribution on common shares. In addition to the regular monthly distribution paid on its common shares, this special year-end distribution is being paid by the Fund in accordance with certain federal tax requirements.

Distribution rate

The previous day

Registration date

Payment date

0.0909 dollars per share

December 29, 2022

December 30, 2022

January 10, 2023

Distribution amounts and sources reported in this notice are estimates only and are not being used for tax reporting purposes. The actual amount and sources of distribution for tax purposes will depend on the fund’s investment experience for the rest of the fiscal year and may be subject to change based on tax regulations. The fund or your broker will send you a Form 1099-DIV for the calendar year that tells you 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 a minimum return. 9.835 dollars per common share (the original net asset value per common share before deducting the value of beneficial interest 0.02 dollars per share) on or about the owners of common shares September 12024. Virtus Investment Advisers, Inc. Voya Investment Management is the investment advisor to the fund and is the subordinate observer.

For more information on the Fund, contact Shareholder Services by email at (866) 270-7788. [email protected]or through the closed-end fund section of virtus.com.

Financial risks
An investment in a Fund is subject to risk, including the risk of loss of principal. When shares of a fund are sold, they may be worth less 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 objectives 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 described at the end of this press release.

(PRNewsfoto/Virtus Funds)

(PRNewsfoto/Virtus Funds)

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Source Virtus convertible and income 2024 target period fund

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