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Virtus Equity & Convertible Income Fund of Beneficial Interest (NIE)

$24.97

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Key data on NIE

AUM

$691892856

P/E ratio

--

Dividend yield

6.9979%

Expense ratio

1.07%

Beta

0.994408

Price on NIE

Previous close

$25.19

Today's open

$25.16

Day's range

$24.91 - $25.24

52 week range

$18.54 - $26

Profile about NIE

Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

NIE industries and sectors

Asset Allocations

Top holdings in NIE
News on NIE

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.

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Seeking Alpha • Dec 5, 2025

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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.

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Business Wire • Nov 19, 2025

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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.

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Seeking Alpha • Sep 18, 2025

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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.

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Seeking Alpha • Sep 17, 2025

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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.

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Seeking Alpha • Aug 23, 2025

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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.

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Seeking Alpha • Jul 27, 2025

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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.

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Seeking Alpha • Jul 3, 2025

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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.

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Business Wire • Jun 26, 2025

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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.

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Business Wire • Jun 3, 2025

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NIE: This Equity/Convertible CEF Provides Tech Exposure With Reduced Downside Risk

The Virtus Equity & Convertible Income Fund balances equities and convertibles, using a covered call strategy to reduce risk and generate additional income. Currently trading at a -10.01% discount to NAV, NIE has a history of steady quarterly distributions and occasional special payouts. With high correlations to SPY and QQQ, NIE offers reduced risk through convertibles and hedging, making it a strategic buy during market corrections.

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Seeking Alpha • Apr 19, 2025

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