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Virtus Equity & Convertible Income Fund

NIE

Market cap $706M

25.48 USD

+0.16

0.63%

At close Updated Oct 9, 4:00 PM EDT

1 day

0.63%

5 days

2.82%

1 month

-1.74%

3 months

-4.46%

6 months

2.74%

Year to date

2.04%

1 year

-0.2%

5 years

-13.8%

10 years

36.62%

About: Virtus AllianzGI Equity & Convertible Income Fund is a diversified, closed-end management investment company. The investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. Its portfolio of investments comprises different sector investments, such as aerospace and defense, banks, IT services, software, and others.

Financials Asset Management

News

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Sentiment 3-Months

Positive 60%

Neutral 40%

Negative 0%

NIE: A 12% Discount Makes This AI-Heavy CEF Worth A Look

The Virtus Equity & Convertible Income Fund is rated Buy, driven by concentrated AI exposure and a -12.27% NAV discount. NIE's top holdings—Nvidia, Alphabet, and Broadcom—position the fund to benefit from a $1T+ AI data center investment cycle by 2027. Convertible securities comprise 40% of assets, offering equity-like upside and diversification, but also increasing sensitivity to equity market moves.

NIE: A 12% Discount Makes This AI-Heavy CEF Worth A Look

Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NIE $0.58 September 14, 2026 September 29, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders.

Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Virtus Closed-End Funds Announce Portfolio Management Refinements

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), and Virtus Equity & Convertible Income Fund (NYSE: NIE) (collectively, the “Funds”) announced today certain portfolio management refinements approved by the Board of Trustees. Under the refined portfolio management s.

Virtus Closed-End Funds Announce Portfolio Management Refinements

NIE: This Convertible CEF Is Worth A Test Drive

Virtus Equity & Convertible Income Fund is rated a Buy for income-focused investors seeking capital appreciation and steady distributions. NIE offers an 8.7% yield at a -10.5% discount to NAV, with a recently increased quarterly distribution and potential for additional special dividends. The fund employs a 60/40 equity-to-convertible mix, covered call strategies, and no leverage, supporting strong risk-adjusted returns and downside protection.

NIE: This Convertible CEF Is Worth A Test Drive

NIE: High Tech Exposure Poses Risks For This High Yielding CEF

The Virtus Equity & Convertible Income Fund offers an 8.68% yield, blending equities and convertibles to provide income and inflation protection. NIE's portfolio is heavily weighted toward technology, with 34.51% sector exposure and high turnover, which could pose risks to investors if AI doesn't deliver the promised gains. Recent distribution was raised 16% to $0.58/share quarterly, fully covered by net realized gains, indicating solid financial health.

NIE: High Tech Exposure Poses Risks For This High Yielding CEF

10 Best CEFs This Month: Average Yield Of Near 10% (June 2026)

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.8% plus yield and nearly 7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

10 Best CEFs This Month: Average Yield Of Near 10% (June 2026)

Virtus Equity & Convertible Income Fund Announces Increase to Quarterly Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced it will increase its quarterly distribution from $0.50 per share to $0.58 per share, an increase of 16% or $0.08 per share, effective with the June distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NIE $0.58 June 15, 2026 June 29, 2026 This increase is part of the Fund's ongoing efforts to enhance shareholder value by both seeking to provide a more attractive dist.

Virtus Equity & Convertible Income Fund Announces Increase to Quarterly Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), Virtus Global Multi-Sector Income Fund (NYSE: VGI), Virtus Stone Harbor Emerging Markets Income.

Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders

NIE: Well Supported Dividend Yield At An Attractive Valuation

Virtus Equity & Convertible Income Fund (NIE) remains a buy, trading at a 10.64% NAV discount and offering a 7.7% yield. NIE's strategy blends equities and convertibles, with a heavy technology allocation and option writing to amplify income but limit NAV growth. The fund's distributions are well-covered by earnings, but rely heavily on net realized gains, exposing NAV to market downturns.

NIE: Well Supported Dividend Yield At An Attractive Valuation

Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NIE $0.50 March 16, 2026 March 30, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should n.

Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

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