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.

Business Wire • Aug 10, 2026

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.

Seeking Alpha • Jul 13, 2026

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.

Seeking Alpha • Jul 13, 2026

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.

Seeking Alpha • Jun 27, 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.

Business Wire • Jun 3, 2026

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.

Business Wire • Jun 2, 2026

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.

Seeking Alpha • Apr 29, 2026

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.

Business Wire • Mar 4, 2026

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