Company: NCZ-PA
Filing Date: 2025-04-11
Form Type: N-CSR
Source: 0001193125-25-079060
Chunk: 39

Company: Virtus Convertible & Income Fund II
Filing Date: 2025-04-11
Form: N-CSR
Chunk 39
---
 declined, neither the Funds’ holdings nor the total value of shareholders’ investments were affected. Immediately after the reverse stock split, each common shareholder held the same percentage of the Funds’ outstanding common shares that such shareholder held immediately prior to the reverse stock split, subject to adjustments for fractional shares resulting from the split. Capital share activity referenced on the Statement of Changes in Net Assets and the per share data, including the proportionate impact to market price, in the Financial Highlights table have been restated to reflect the reverse stock split. Note 14. Restricted Securities Restricted securities are not registered under the Securities Act of 1933, as amended (the “1933 Act”). Generally, 144A securities are excluded from this category. Each Fund will bear any costs, including those involved in registration under the 1933 Act, in connection with the disposition of such securities. The following Funds held securities that were considered to be restricted at January 31, 2025:

| Fund |     | Investment    |     | Date            
 of              
 Acquisition     |     | Cost |     | Value |     | Percentage 
         of 
 Net Assets |
| NCV  |     | LiveStyle,    
 Inc.          |     | 2/3/16-11/30/16 |     |    $ 
    — |     |     $ 
     — |     |       0.0% |
|      |     | LiveStyle,    
 Inc. Series B |     | 2/3/16          |     |  411 |     |   419 |     |        0.1 |
| NCZ  |     | LiveStyle,    
 Inc.          |     | 2/3/16-11/30/16 |     |    — |     |     — |     |        0.0 |
|      |     | LiveStyle,    
 Inc. Series B |     | 2/3/16          |     |  411 |     |   420 |     |        0.1 |
| ACV  |     | LiveStyle,    
 Inc.          |     | 2/3/16-11/30/16 |     |    — |     |     — |     |        0.0 |
|      |     | LiveStyle,    
 Inc. Series B |     | 2/3/16-11/30/16 |     |   62 |     |    63 |     |