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

Company Overview

Virtus Equity & Convertible Income Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity & Convertible Income Fund. Virtus Equity & Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.

Key Stats

• Today's Range: $21.40 to $21.78
• 50-Day Range: $19.51 to $25.13
• 52-Week Range: $18.54 to $25.44
• Volume: 38,999 shs
• Average Volume: 66,121 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 11.52%
• 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 beginning of 2025. Since then, NIE stock has decreased by 12.0% and is now trading at $21.71.
View the best growth stocks for 2025 here.

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

Virtus Equity & Convertible Income Fund's top institutional investors include Wealth Enhancement Advisory Services LLC, Cambridge Investment Research Advisors Inc., OxenFree Capital LLC and Capital Investment Advisors 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 3/28 Dividend: 3/13/2025
• Ex-Dividend for 3/28 Dividend: 3/13/2025
• Record date for 3/28 Dividend: 3/13/2025
• Ex-Dividend for 3/28 Dividend: 3/13/2025
• Dividend Payable: 3/28/2025
• Dividend Payable: 3/28/2025
• Today: 4/27/2025
• Next Earnings (Estimated): 5/05/2025

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 (Most Recent Fiscal Year): 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