Business Description
Virtus Convertible & Income Fund II is a US-based closed-end fund that focuses on fixed income investments, primarily convertible securities and high-yield bonds rated below investment grade. The fund targets securities with maturities generally between five and ten years and builds its portfolio through detailed internal research and company-by-company analysis. It is managed by Virtus Investment Partners in partnership with Allianz Global Investors U.S. LLC and has operated since its founding in July 2003.