Company: NCZ-PA
Filing Date: 2025-04-11
Form Type: N-CSR
Source: 0001193125-25-079060
Chunk: 27

Company: Virtus Convertible & Income Fund II
Filing Date: 2025-04-11
Form: N-CSR
Chunk 27
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 Index. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and it is not available for direct investment.

Composite Index (NCZ): 60% ICE BofA U.S. Convertibles Index / 40%
ICE BofA U.S. High Yield Index

The composite index
consists of 60% ICE BofA U.S. Convertibles Index and 40% ICE BofA U.S. High Yield Index. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and it is not available for direct investment.

#### Composite Index (NFJ): 75% Russell 1000
#### ®

Value Index / 25% ICE BofA U.S. Convertibles Index

The composite index consists of 75% Russell 1000 ® Value Index and 25% ICE BofA U.S. Convertibles Index. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and it is not available
for direct investment.

#### Composite Index (NIE): 60%
Russell 1000

#### ®

Growth Index / 40% ICE BofA U.S. Convertibles Index

The composite index consists of 60% Russell 1000 ® Growth Index and 40% ICE BofA U.S. Convertibles Index. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and it is not available
for direct investment.

#### Credit Suisse Leveraged Loan
Index

The Credit Suisse Leveraged Loan Index is a
market-weighted index that tracks the investable universe of the U.S. dollar denominated leveraged loans. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and
it is not available for direct investment.

#### Enterprise
value (“EV”)

EV is a measure of a
company’s total value, often used as a comprehensive alternative to equity market capitalization that includes debt.

#### Exchange-Traded Funds (“ETFs”)
An open-end fund that is traded on a stock exchange. Most ETFs
have a portfolio of stocks or bonds that track a specific market index.

#### Federal Reserve (the “Fed”)
The central bank of the United States, responsible for
controlling the money supply, interest rates and credit with the goal