Virtus Equity & Convertible Income Fund (NIE) Stock Price, News & Analysis

Company Overview

Virtus Equity & Convertible Income Fund (NYSE:NIE) is a diversified, closed-end management investment company designed to provide shareholders with a combination of current income and capital appreciation. The fund seeks to achieve its objectives by investing predominantly in convertible securities of U.S. and non-U.S. issuers alongside selected common stocks. Leveraging the hybrid characteristics of convertibles, the fund aims to capture income potential while maintaining exposure to equity market upside.

The fund’s investment strategy centers on a flexible allocation between fixed-income and equity components, with portfolio managers conducting rigorous credit and equity research to identify issuers offering attractive risk-reward profiles. Geographic exposure spans developed and emerging markets, allowing the fund to capitalize on global growth opportunities and relative value across sectors. Leverage, when employed, is used to enhance yield but is managed within defined risk parameters to preserve the fund’s overall risk-return balance.

Virtus Equity & Convertible Income Fund is managed by Virtus Investment Partners, a registered investment adviser headquartered in Hartford, Connecticut, with a network of research and trading professionals across major U.S. financial centers. The fund team is supported by dedicated convertible research analysts and equity strategists who monitor market developments and issuer fundamentals. Since its inception, the fund has been part of Virtus’s closed-end fund complex, which encompasses multiple specialized vehicles focused on delivering diversified income solutions to investors.

Key Stats

• Today's Range: $24.83 to $25.03
• 50-Day Range: $23.81 to $25.37
• 52-Week Range: $18.54 to $25.44
• Volume: 35,324 shs
• Average Volume: 61,592 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 10.02%
• Price Target: N/A
• Consensus Rating: N/A

NIE Stock Analysis - Frequently Asked Questions

How have NIE shares performed this year?

Virtus Equity & Convertible Income Fund's stock was trading at $24.66 at the start of the year. Since then, NIE stock has increased by 1.2% and is now trading at $24.9450.

Who are Virtus Equity & Convertible Income Fund's major shareholders?

Top institutional investors of Virtus Equity & Convertible Income Fund include Advisors Asset Management Inc., Raymond James Financial Inc., Guggenheim Capital LLC and Wealth Enhancement Advisory Services LLC.
View institutional ownership trends.

How do I buy shares of Virtus Equity & Convertible Income Fund?

Shares of NIE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Virtus Equity & Convertible Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Virtus Equity & Convertible Income Fund investors own include Altria Group (MO), Verizon Communications (VZ), British American Tobacco (BTI), VICI Properties (VICI), Enterprise Products Partners (EPD), Blackstone Mortgage Trust (BXMT) and Ares Capital (ARCC).

Company Calendar

• Record date for 6/27 Dividend: 6/12/2025
• Ex-Dividend for 6/27 Dividend: 6/12/2025
• Dividend Payable: 6/27/2025
• Today: 9/12/2025
• Record date for 9/29 Dividend: 9/12/2025
• Ex-Dividend for 9/29 Dividend: 9/12/2025
• Dividend Payable: 9/29/2025
• Next Earnings (Estimated): 10/02/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:NIE
• CIK: 1383441
• Web: www.allianzinvestors.com
• Phone: 212-739-3000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $130.83 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A