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.