Virtus Equity & Convertible Income Fund

Virtus Equity & Convertible Income Fundverified

NIE

Price:

$22.5256

Market Cap:

$624.16M

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 Dividend Yield as of September 2024 (TTM) for Virtus Equity & Convertible Income Fund (NIE) is 8.88%

According to Virtus Equity & Convertible Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 8.88%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.

Virtus Equity & Convertible Income Fund (NIE) Historical Dividend Yield (quarterly & annually)

How has NIE Dividend Yield performed in the past?

The mean historical Dividend Yield of Virtus Equity & Convertible Income Fund over the last ten years is 0%. The current 8.88% Dividend Yield has changed Infinity% with respect to the historical average. Over the past ten years (40 quarters), NIE's Dividend Yield was at its highest in in the January 2009 quarter at 9.07%. The Dividend Yield was at its lowest in in the January 2021 quarter at 0%.

Quarterly (TTM)
Annual

Average

0%

Median

0%

Minimum

0%

Maximum

0%

Virtus Equity & Convertible Income Fund (NIE) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Virtus Equity & Convertible Income Fund Dividend Yield, 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 = 0%

Maximum Annual Dividend Yield = 0%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20240%0%
20230%0%
20220%0%
20210%0%
20200%0%
20190%0%
20180%0%
20170%0%
20160%0%
20150%0%

Virtus Equity & Convertible Income Fund (NIE) Average Dividend Yield

How has NIE Dividend Yield performed in the past?

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

3-year avg

0%

5-year avg

0%

10-year avg

0%

Virtus Equity & Convertible Income Fund (NIE) Dividend Yield vs. Peers

How is NIE’s Dividend Yield compared to its peers?

Virtus Equity & Convertible Income Fund’s Dividend Yield is less than RiverNorth Opportunistic Municipal Income Fund, Inc. (7.19%), less than BlackRock Municipal Income Fund, Inc. (4.97%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (4.57%), less than Nuveen New York Quality Municipal Income Fund (5.85%), less than DWS Municipal Income Trust (4.72%), less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than Eaton Vance National Municipal Opportunities Trust (4.21%), less than Invesco High Income 2024 Target Term Fund (4.64%), less than Nuveen California Select Tax-Free Income Portfolio (3.57%), less than Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (8.77%), less than Eaton Vance Risk-Managed Diversified Equity Income Fund (8.04%), less than BlackRock MuniHoldings Fund, Inc. (4.64%), less than DTF Tax-Free Income 2028 Term Fund Inc. (3.43%), less than Eaton Vance Floating-Rate Income Trust (11.20%), less than Cohen & Steers Closed-End Opportunity Fund, Inc. (8.25%), less than Abrdn Emerging Markets Equity Income Fund Inc (3.56%), less than Eaton Vance Senior Income Trust (11.51%), less than BlackRock Capital Allocation Trust (11.43%), less than MFS Investment Grade Municipal Trust (3.24%),

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Frequently asked questions❓

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What is Virtus Equity & Convertible Income Fund's Dividend Yield?

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

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