NYSE:NIE

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

$21.96
+0.05 (+0.23%)
(As of 11:43 AM ET)
Today's Range
$21.92
$22.02
50-Day Range
$21.38
$22.50
52-Week Range
$18.61
$22.80
Volume
17,684 shs
Average Volume
69,703 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
9.11%
Price Target
N/A
NIE stock logo

About Virtus Equity & Convertible Income Fund Stock (NYSE:NIE)

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.

NIE Stock Price History

NIE Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
CBH Virtus Convertible & Income 2024 Target Term Fund
NIE: Discounted But Not A Bargain
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Virtus Income & Growth Fund;C
Virtus Income & Growth Fund;A
Virtus Convertible Fund;Institutional
Virtus Equity & Convertible Income Fund
Virtus Equity & Convertible Income Fund (NIE)
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/08/2024
Dividend Payable
3/28/2024
Today
4/29/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$94.20 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Charles William Maher (Age 62)
    CFO & MD of Nicholas-Applegate Capital Mgmt LLC ("NACM" or the "Sub-Adviser")
  • Dr. Marna Cupp Whittington Ph.D. (Age 76)
    Managing Director of Nicholas-Applegate Capital Management LLC ("NACM" or the "Sub-Adviser")
  • Mr. Francis Casimir Poli Esq. (Age 61)
    EVP, Chief Legal Officer & Asst. Sec. of Allianz Global Investors Fund Mgmt LLC - Mngr
  • Mr. Michael E. Yee
    Portfolio Mang. of Nicholas-Applegate Capital Management Llc ("NACM" Or the "Sub-Adviser")
  • Mr. Douglas Gorman Forsyth C.F.A. (Age 55)
    Chief Investment Officer of US Income & Growth Strategies, MD & Portfolio Mang.
  • Mr. Justin Kass C.F.A.
    CFA, Managing Director

NIE Stock Analysis - Frequently Asked Questions

How have NIE shares performed in 2024?

Virtus Equity & Convertible Income Fund's stock was trading at $20.91 at the start of the year. Since then, NIE stock has increased by 5.0% and is now trading at $21.95.
View the best growth stocks for 2024 here
.

Are investors shorting Virtus Equity & Convertible Income Fund?

Virtus Equity & Convertible Income Fund saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 66,200 shares, an increase of 241.2% from the March 31st total of 19,400 shares. Based on an average trading volume of 70,700 shares, the short-interest ratio is presently 0.9 days.
View Virtus Equity & Convertible Income Fund's Short Interest
.

How often does Virtus Equity & Convertible Income Fund pay dividends? What is the dividend yield for Virtus Equity & Convertible Income Fund?

Virtus Equity & Convertible Income Fund announced a quarterly dividend on Friday, March 1st. Shareholders of record on Monday, March 11th will be paid a dividend of $0.50 per share on Thursday, March 28th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.11%. The ex-dividend date of this dividend is Friday, March 8th.
Read our dividend analysis for NIE
.

Is Virtus Equity & Convertible Income Fund a good dividend stock?

Virtus Equity & Convertible Income Fund (NYSE:NIE) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.08%.
Read our dividend analysis for NIE.

What other stocks do shareholders of Virtus Equity & Convertible Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Equity & Convertible Income Fund investors own include AbbVie (ABBV), Pfizer (PFE), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), International Business Machines (IBM), Intel (INTC), Lowe's Companies (LOW), 3M (MMM) and Realty Income (O).

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

Virtus Equity & Convertible Income Fund's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Global Assets Advisory LLC (0.00%), Raymond James & Associates (0.00%) and Stolper Co (0.00%). Insiders that own company stock include Deborah A Decotis, Donald C Burke, George R Aylward and Philip R Mcloughlin.
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.
Compare Top Brokerages Here.

This page (NYSE:NIE) was last updated on 4/29/2024 by MarketBeat.com Staff

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