Virtus Equity & Convertible Income Fund

Virtus Equity & Convertible Income Fundverified

NIE

Price:

$24.13

Market Cap:

$668.62M

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 ...[Read more]

Industry

Asset Management - Income

IPO Date

2007-02-23

Stock Exchange

NYSE

Ticker

NIE

The Current Ratio as of November 2024 (TTM) for Virtus Equity & Convertible Income Fund (NIE) is 0

According to Virtus Equity & Convertible Income Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 1.33 of the last 4 quarters.

Virtus Equity & Convertible Income Fund (NIE) Historical Current Ratio (quarterly & annually)

How has NIE Current Ratio performed in the past?

The mean historical Current Ratio of Virtus Equity & Convertible Income Fund over the last ten years is 1.96. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), NIE's Current Ratio was at its highest in in the January 2018 quarter at 7.75. The Current Ratio was at its lowest in in the January 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

1.96

Median

1.56

Minimum

0

Maximum

5.63

Virtus Equity & Convertible Income Fund (NIE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Virtus Equity & Convertible Income Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 821.83%

Maximum Annual Current Ratio = 5.63

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240-100.00%
20231.890%
20221.89355.99%
20210.41-68.05%
20201.30-28.99%
20191.83-63.43%
20184.99-11.24%
20175.63814.06%
20160.62-43.26%
20151.08821.83%

Virtus Equity & Convertible Income Fund (NIE) Average Current Ratio

How has NIE Current Ratio performed in the past?

The current Current Ratio of Virtus Equity & Convertible Income Fund (NIE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.26

5-year avg

1.10

10-year avg

1.96

Virtus Equity & Convertible Income Fund (NIE) Current Ratio vs. Peers

How is NIE’s Current Ratio compared to its peers?

Virtus Equity & Convertible Income Fund’s Current Ratio is less than RiverNorth Opportunistic Municipal Income Fund, Inc. (0), less than BlackRock Municipal Income Fund, Inc. (0.03), less than BlackRock MuniHoldings New York Quality Fund, Inc. (0.34), less than Nuveen New York Quality Municipal Income Fund (3.12), less than DWS Municipal Income Trust (0.52), less than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than Eaton Vance National Municipal Opportunities Trust (0), less than Invesco High Income 2024 Target Term Fund (0), less than Nuveen California Select Tax-Free Income Portfolio (3.14), less than Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (0.51), less than Eaton Vance Risk-Managed Diversified Equity Income Fund (0), less than BlackRock MuniHoldings Fund, Inc. (0.31), less than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), less than Eaton Vance Floating-Rate Income Trust (1.03), less than Cohen & Steers Closed-End Opportunity Fund, Inc. (0), less than Abrdn Emerging Markets Equity Income Fund Inc (0), less than Eaton Vance Senior Income Trust (0.27), less than BlackRock Capital Allocation Trust (0), less than MFS Investment Grade Municipal Trust (3.11),

Build a custom stock screener for Virtus Equity & Convertible Income Fund (NIE) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Virtus Equity & Convertible Income Fund using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Virtus Equity & Convertible Income Fund (NIE) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Virtus Equity & Convertible Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Virtus Equity & Convertible Income Fund's Current Ratio?

How is the Current Ratio calculated for Virtus Equity & Convertible Income Fund (NIE)?

What is the highest Current Ratio for Virtus Equity & Convertible Income Fund (NIE)?

What is the 3-year average Current Ratio for Virtus Equity & Convertible Income Fund (NIE)?

What is the 5-year average Current Ratio for Virtus Equity & Convertible Income Fund (NIE)?

How does the current Current Ratio for Virtus Equity & Convertible Income Fund (NIE) compare to its historical average?