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NCZ / NCZ's Embarrassing 'Postponed' Distribution

NCZ's Embarrassing 'Postponed' Distribution
Leverage can add a lot to a closed-end fund's income, by taking advantage of cheap (sometimes very cheap) interest rates available to large institutional investors. But it has its downside risks, as we saw July 1st when Virtus Capital & Income Fund II had to delay its dividend payment and put next month's on hold. Read More
Posted: Jul 13 2022, 00:57
Author Name: Seeking Alpha
Views: 081541

NCZ News  

NCZ: Capital Structure Shuffle, We Favor The Preferred Shares

By Seeking Alpha
May 31, 2023

NCZ: Capital Structure Shuffle, We Favor The Preferred Shares

Virtus Convertible & Income Fund II is a convertibles CEF. The closed-end fund has restructured its capital structure, retiring auction rate preferred more_horizontal

NCV And NCZ: Discounts Narrow For Both, But One Looking More Appealing

By Seeking Alpha
February 22, 2023

NCV And NCZ: Discounts Narrow For Both, But One Looking More Appealing

NCV and NCZ have seen their discounts narrow from the wide discount we saw several months ago. NCZ presents a potentially better opportunity with a la more_horizontal

NCZ.PA: This 6.3% A-Rated Preferred Stock Suffers From Market Discrimination

By Seeking Alpha
December 14, 2022

NCZ.PA: This 6.3% A-Rated Preferred Stock Suffers From Market Discrimination

Leverage restrictions make any CEF preferred stock relatively safe from a credit perspective. Comparison to bank preferreds through the years. more_horizontal

NCZ: Distribution Suspension And Resumption Creates Swap Opportunity With NCV

By Seeking Alpha
November 12, 2022

NCZ: Distribution Suspension And Resumption Creates Swap Opportunity With NCV

NCZ has suspended, and resumed, distributions. Both NCV and NCZ have deleveraged by redeeming their ARPS. more_horizontal

NCZ's Embarrassing 'Postponed' Distribution

By Seeking Alpha
July 13, 2022

NCZ's Embarrassing 'Postponed' Distribution

Leverage can add a lot to a closed-end fund's income, by taking advantage of cheap (sometimes very cheap) interest rates available to large institutio more_horizontal

NCZ: Higher Yield And Attractively Discounted, But Some Concerns

By Seeking Alpha
February 19, 2022

NCZ: Higher Yield And Attractively Discounted, But Some Concerns

NCZ: Higher Yield And Attractively Discounted, But Some Concerns more_horizontal

NCZ: Higher Yield And Attractively Discounted, But Some Concerns

By Seeking Alpha
February 19, 2022

NCZ: Higher Yield And Attractively Discounted, But Some Concerns

NCZ: Higher Yield And Attractively Discounted, But Some Concerns more_horizontal

NCZ: Higher Yield And Attractively Discounted, But Some Concerns

By Seeking Alpha
February 19, 2022

NCZ: Higher Yield And Attractively Discounted, But Some Concerns

NCZ: Higher Yield And Attractively Discounted, But Some Concerns more_horizontal


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