Virtus Equity & Convertible Income Fund is a diversified closed-end fund designed to deliver a total return composed of capital appreciation, current income, and gains. The fund invests at least 80% of its net assets in a blend of equity securities and income-producing convertible securities, typically allowing the equity component to range between 40-80% and convertibles between 20-60% of assets. A distinctive feature is its use of an options overlay strategy—writing call options on up to approximately 70% of its equity holdings, which aims to generate additional income and help manage portfolio risk. Actively managed by a seasoned team, the fund maintains a broad portfolio across sectors and adapts its allocation based on evolving market conditions. It employs a managed distribution plan, seeking to provide shareholders with a consistent income stream sourced from net investment income, realized gains, or, if necessary, return of capital. With its dual focus on growth and income, this fund plays a unique role for investors seeking exposure to both equity and convertible securities within a single, professionally managed structure.
United States
This article first appeared on GuruFocus. Virtus AllianzGI Equity & Convertible Income Fund (NYSE:NIE) recently announced a total dividend of $0.58 per share, with the ex-dividend date set for 2026-09-14. This distribution consists entirely of a $0.58 per share cash dividend, payable on 2026-09-29.
HARTFORD, Conn., September 02, 2026--Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following quarterly distribution:
HARTFORD, Conn., September 02, 2026--Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) today announced the following distributions on their respective common shares:
HARTFORD, Conn., September 02, 2026--Virtus Convertible & Income Fund II (NYSE: NCZ) announced today that it has declared a $0.34375 per share cash distribution payable on September 30, 2026 to Series A cumulative preferred shareholders of record on September 23, 2026.
HARTFORD, Conn., September 02, 2026--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on September 30, 2026 to Series A cumulative preferred shareholders of record on September 23, 2026.
Investors talking about NIE also mention
What share of all ETF conversation is about NIE?
| 1 Day1D | 1 Week1W | 1 Month1M | 1 Year1Y | 50-Day MAclick to plot | 200-Day MAclick to plot | |
|---|---|---|---|---|---|---|
| Attention | 0% new | 0% new | 0% new | 0% +0 |
Of the messages about NIE that take a side, what share is each?
| 1 Day1D | 1 Week1W | 1 Month1M | 1 Year1Y | 50-Day MAclick to plot | 200-Day MAclick to plot | |
|---|---|---|---|---|---|---|
| Bullish | — | — | — | 42.31% -57.69 | ||
| Bearish | — | — | — | 57.69% +57.69 |
Of the messages about NIE that carry a topic, what share is each?
| 1 Day1D | 1 Week1W | 1 Month1M | 1 Year1Y | 50-Day MAclick to plot | 200-Day MAclick to plot | |
|---|---|---|---|---|---|---|
| Macro | — | — | — | 100% | ||
| Technical Analysis | — | — | — | 0% |
Of the messages about NIE, what share comes from each group?
| 1 Day1D | 1 Week1W | 1 Month1M | 1 Year1Y | 50-Day MAclick to plot | 200-Day MAclick to plot | |
|---|---|---|---|---|---|---|
| Regulars | 0% | 0% | 0% | 0% | ||
| Newcomers | 100% | 100% | 100% | 100% |