NIE: Equity/Convertible CEF Provides Access To Technology Stocks, Attractive Dividend Yield

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.

Seeking Alpha • Feb 18, 2026

Virtus Equity & Convertible Income Fund Announces Special Year-End 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 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.

Business Wire • Dec 19, 2025

NIE: Reliable Dividends While Maintaining Exposure To Technology

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.

Seeking Alpha • Dec 5, 2025

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 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.

Business Wire • Nov 19, 2025

NIE: Market Valuations Appear Stretched, But This Fund's Has Improved

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.

Seeking Alpha • Sep 18, 2025

NIE: A Multi-Asset Strategy For Growth & Income 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.

Seeking Alpha • Sep 17, 2025

10 Best CEFs This Month: Average Yield Of Nearly 9% (August 2025)

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.

Seeking Alpha • Aug 23, 2025

5 Best CEFs This Month For Yields Up To 13% (July 2025)

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.

Seeking Alpha • Jul 27, 2025

NIE: Blended CEF That Delivers Both Growth And Income

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.

Seeking Alpha • Jul 3, 2025

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

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.

Business Wire • Jun 26, 2025