Virtus Equity & Convertible Income Fund

NIE

Market cap $751M

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.

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 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.

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 offers an 8% yield, with allocations to both equities and convertibles, and no leverage. NIE employs a covered call strategy on 70% of equities, reducing downside risk and generating additional income, especially in volatile markets. The fund trades at a ~10% discount to NAV, aligning with historical averages, providing potential discount alpha for investors.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following special year-end distribution to holders of its common shares.: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NIE $0.526 December 29, 2025 January 9, 2026 This special year-end distribution, which is in addition to the regular quarterly distribution paid to holders of its common shares, is being paid by the Fund to manage certain federal tax requirements. The.

Virtus Equity & Convertible Income Fund offers high income yield (7.8%) and exposure to top-tier growth companies, trading at a 10% NAV discount. NIE's structure—convertibles, option writing, and income focus—limits long-term price appreciation versus index ETFs, making it best suited for income-oriented investors. The fund has consistently maintained quarterly distributions, with payouts well covered by earnings and a tax-efficient structure favoring long-term capital gains.

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 December 11, 2025 December 30, 2025 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 sh.

Virtus Equity & Convertible Income Fund offers an 8.06% yield, higher than major indices and most peers, while maintaining capital growth and sustainability. NIE's balanced allocation—56.6% equities, 36.8% convertibles—reflects prudent risk management amid stretched equity valuations and economic uncertainty. The fund's distribution is well-covered by investment income and realized gains, supporting the sustainability of its high yield for income-focused investors.

Virtus Equity & Convertible Income Fund offers an 8.01% yield, blending equities, convertibles, and derivatives for capital appreciation and income. NIE is heavily weighted in mega-cap technology stocks and currently has a 60/40 equity-to-convertible allocation, supporting growth via AI and cloud infrastructure trends. Compared to peers, NIE boasts lower fees and stronger total returns, making it attractive for income-focused investors, especially in tax-advantaged accounts.