Virtus Convertible & Income 2024 Target Term Fund

Virtus Convertible & Income 2024 Target Term Fundverified

CBH

Price:

$9.185

Market Cap:

$167.75M

Virtus Convertible & Income 2024 Target Term Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity and fixed incomes markets of the United States. It invests in stocks of companies operating across diversified sectors. For its fixed income, the fund invests in income producing debt instruments and Senior Secured Loans. For its equity, it invests in convertible securities. The fund primarily invests in fixed income securities with a primary focus on below "BBB-" rated securities. It employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. Virtus Convertible & Income 20...[Read more]

Industry

Asset Management - Income

IPO Date

2017-06-28

Stock Exchange

NYSE

Ticker

CBH

The Dividend Yield as of November 2024 (TTM) for Virtus Convertible & Income 2024 Target Term Fund (CBH) is 2.68%

According to Virtus Convertible & Income 2024 Target Term Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 2.68%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.

Virtus Convertible & Income 2024 Target Term Fund (CBH) Historical Dividend Yield (quarterly & annually)

How has CBH Dividend Yield performed in the past?

The mean historical Dividend Yield of Virtus Convertible & Income 2024 Target Term Fund over the last ten years is 6.22%. The current 2.68% Dividend Yield has changed -56.92% with respect to the historical average. Over the past ten years (40 quarters), CBH's Dividend Yield was at its highest in in the August 2017 quarter at 0%. The Dividend Yield was at its lowest in in the August 2017 quarter at 0%.

Quarterly (TTM)
Annual

Average

6.22%

Median

6.09%

Minimum

2.99%

Maximum

9.35%

Virtus Convertible & Income 2024 Target Term Fund (CBH) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Virtus Convertible & Income 2024 Target Term Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 103.58%

Maximum Annual Dividend Yield = 9.35%

Minimum Annual Increase = -27.41%

Minimum Annual Dividend Yield = 2.99%

Quarterly (TTM)
Annual
YearDividend YieldChange
20246.84%0.69%
20236.79%-27.41%
20229.35%72.48%
20215.42%-10.23%
20206.04%-0.89%
20196.09%103.58%

Virtus Convertible & Income 2024 Target Term Fund (CBH) Average Dividend Yield

How has CBH Dividend Yield performed in the past?

The current Dividend Yield of Virtus Convertible & Income 2024 Target Term Fund (CBH) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.66%

5-year avg

6.89%

10-year avg

6.22%

Virtus Convertible & Income 2024 Target Term Fund (CBH) Dividend Yield vs. Peers

How is CBH’s Dividend Yield compared to its peers?

Virtus Convertible & Income 2024 Target Term Fund’s Dividend Yield is less than Eaton Vance National Municipal Opportunities Trust (4.57%), less than Invesco High Income 2024 Target Term Fund (4.56%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (5.06%), less than Nuveen California Select Tax-Free Income Portfolio (3.77%), greater than Invesco High Income 2023 Target Term Fund (0%), greater than Nuveen Corporate Income 2023 Target Term Fund (0%), less than MFS Investment Grade Municipal Trust (3.74%), less than Federated Hermes Premier Municipal Income Fund (3.95%),

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Frequently asked questions❓

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