Virtus Equity & Convertible Income Fund (NIE) Research
The Virtus Equity & Convertible Income Fund is a closed-end mutual fund designed to invest in a mix of stocks and income-producing convertible securities. It is overseen and managed by Allianz Global Investors Fund Management LLC, with co-management responsibilities held by Allianz Global Investors U.S. LLC. The fund's primary focus is on public equity markets within the United States, targeting companies across diverse economic sectors. A significant portion of its equity holdings comprises growth-oriented companies. Its investment strategy is rooted in comprehensive fundamental analysis, seeking out firms that exhibit characteristics such as exceptional earnings growth, a high return on invested capital, strong or improving financial stability, pronounced competitive advantages, and engagement in developing new technologies. Initially known as the AGIC Equity & Convertible Income Fund, it was established in the United States on February 27, 2007.
Market snapshot
- Symbol
- NIE
- Price
- $26.00
- Day change
- +0.19%
- Market cap
- $720.4M
- P/E ratio
- 6.30x
- 52-week range
- 22.77-27.24
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Abrdn Income Credit Strategies Fund (ACP)
- CBRE Global Real Estate Income Fund (IGR)
- Nuveen Credit Strategies Income Fund (JQC)
- Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP)
- NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI)
- PIMCO Access Income Fund (PAXS)
- PIMCO Corporate & Income Strategy Fund (PCN)
- PIMCO High Income Fund (PHK)
Recent insider activity
- MCDANIEL CONNIE D — P-Purchase (226 shares) on 2025-06-17
- Toms Matthew — trade (0 shares) on 2024-01-10
- BURKE DONALD C — P-Purchase (719.539 shares) on 2023-06-28
- MCDANIEL CONNIE D — trade (0 shares) on 2023-05-23
- BURKE DONALD C — trade (0 shares) on 2023-05-23
Open Virtus Equity & Convertible Income Fund (NIE) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.