The Virtus AllianzGI Convertible & Income Fund II of Beneficial Interest (ticker: NCZ) is a mutual fund that seeks to provide investors with a combination of income and capital appreciation by investing in a diversified portfolio of convertible securities and other income-producing securities. These securities may include bonds, preferred stocks, and other fixed-income instruments. The fund is managed by Virtus Investment Advisers Inc. and sub-advised by Allianz Global Investors U.S. LLC. It is suitable for investors looking for a balanced approach to generating returns and managing risk.