NCZ-PA

The Virtus Convertible & Income Fund II, a closed-ended mutual fund, generates income through fixed-income investments and was formerly known as AGIC Convertible & Income Fund II. It is managed by Allianz Global Investors Fund Management LLC, with co-management provided by Allianz Global Investors U.S. LLC. The fund's strategy involves investing primarily in the United States' fixed income markets, concentrating on convertible securities and non-convertible bonds with high yields and below investment grade ratings. Its portfolio is designed to encompass a wide spectrum of maturities, typically maintaining a weighted average maturity ranging from five to ten years. The investment team employs a fundamental analysis approach, utilizing bottom-up security selection techniques supported by proprietary internal research models. The fund, established on July 31, 2003, is domiciled in the United States.