Virtus Equity & Convertible Income Fund

NIE

Market cap $706M

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.

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 September 12, 2025 September 29, 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.

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight the ten best CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select 10 CEFs every month from around 500 closed-end funds.

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

NIE manages $662.9M in net assets with a diversified, blended investment approach. The fund offers an attractive dividend yield of approximately 8.4%, appealing to income-focused investors. Recent fact sheets and annual reports highlight NIE's risk profile and valuation metrics.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity & Convertible Income Fund (NYSE: NIE) previously announced the following quarterly distribution on March 6, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NIE $0.50 June 12, 2025 June 27, 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. S.