Virtus Convertible & Income 2024 Target Term Fund announced the following special year-end distribution of $0.0909 per share of long-term capital gains on its common shares. This special year-end distribution, which is in addition to the regular monthly distribution paid on its common shares, is being paid by the Fund pursuant to certain federal tax requirements. Ex-date is December 29, 2022; Record date is December 30, 2022; Payable date is January 10, 2023.