How have NIE shares performed in 2024?

Virtus Equity & Convertible Income Fund's stock was trading at $20.91 at the beginning of 2024. Since then, NIE stock has increased by 3.2% and is now trading at $21.57. 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 in March. As of March 31st, there was short interest totaling 19,400 shares, an increase of 203.1% from the March 15th total of 6,400 shares. Based on an average daily trading volume, of 70,000 shares, the days-to-cover ratio is presently 0.3 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 9.27%. 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 a variety of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), Global Assets Advisory LLC (0.00%), Stolper Co (0.00%), Hennion & Walsh Asset Management Inc. (0.00%) and Silverlake Wealth Management LLC (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 .

NYSE:NIE

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

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$21.57

-0.10 (-0.46%)

(As of 04/18/2024 ET)

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Today's Range: $21.57
▼
$21.78
50-Day Range: $21.48
▼
$22.50
52-Week Range: $18.61
▼
$22.80

Volume: 37,404 shs
Average Volume: 71,819 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 9.27%
Price Target: N/A

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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

30 days | 90 days | 365 days | Advanced Chart

NIE Stock News Headlines

April 14, 2024 | marketbeat.com

My Advice: Park These 9%+ Paying “Convertibles” in Your Portfolio Now

November 8, 2023 | seekingalpha.com

CBH Virtus Convertible & Income 2024 Target Term Fund

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

November 4, 2023 | msn.com

NIE: Discounted But Not A Bargain

October 31, 2023 | msn.com

NIE: Short-Term Pain In This Current Environment

September 30, 2023 | msn.com

NIE: Still Uncertain, But This Fund Is Better Than Most

July 24, 2023 | msn.com

NIE: Tech Weighting Could Be A Problem, But It's A Solid Fund

June 16, 2023 | finance.yahoo.com

Virtus Equity & Convertible Income Fund Discloses Sources of Distribution – Section 19(a) Notice

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

June 2, 2023 | msn.com

Virtus convertible & Income fund ii declares $0.03 dividend

May 13, 2023 | fool.com

Virtus AllianzGI Convertible & Income Fund II (NYSE: NCZ)

April 19, 2023 | wsj.com

Virtus Income & Growth Fund;C

March 23, 2023 | finance.yahoo.com

Certain Virtus Closed-End Funds Announce Date of Shareholder Meetings

March 18, 2023 | wsj.com

Virtus Income & Growth Fund;A

March 16, 2023 | finance.yahoo.com

Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

March 4, 2023 | wsj.com

Virtus Convertible Fund;Institutional

February 27, 2023 | benzinga.com

Virtus AllianzGI Equity Stock (NYSE:NIE), Short Interest Report

January 25, 2023 | benzinga.com

Virtus AllianzGI Equity Stock (NYSE:NIE), Quotes and News Summary

January 12, 2023 | finance.yahoo.com

Virtus Equity & Convertible Income Fund Announces Distribution

December 21, 2022 | msn.com

Virtus Allianz GI Diversified Income & Convertible Fund declares $0.196 special year end dividend

December 21, 2022 | msn.com

Virtus Equity & Convertible Income Fund declares $1.9765 special year end dividend

December 14, 2022 | finance.yahoo.com

Virtus Equity & Convertible Income Fund Discloses Sources of Distribution - Section 19(a) Notice

November 3, 2022 | markets.businessinsider.com

Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II Announce Final Results of ARPS Tender Offers

September 28, 2022 | reuters.com

Virtus Equity & Convertible Income Fund

September 24, 2022 | finance.yahoo.com

Virtus Equity & Convertible Income Fund (NIE)

September 21, 2022 | benzinga.com

Virtus Total Return Fund Inc. Announces Details of Completed Rights Offering

August 6, 2022 | seekingalpha.com

U.S. Weekly FundFlows Insight Report: Large Cap Equity Funds Suffer $9.1 Billion In Outflows, Largest In 15 Weeks

See More Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend: 3/08/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Financial Services
Industry: Asset Management
Sub-Industry: N/A
Current Symbol: NYSE:NIE
CUSIP: N/A
CIK: 1383441
Web: www.allianzinvestors.com
Phone: 212-739-3000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $94.20 million
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 beginning of 2024. Since then, NIE stock has increased by 3.2% and is now trading at $21.57.
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 in March. As of March 31st, there was short interest totaling 19,400 shares, an increase of 203.1% from the March 15th total of 6,400 shares. Based on an average daily trading volume, of 70,000 shares, the days-to-cover ratio is presently 0.3 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 9.27%. 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 a variety of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), Global Assets Advisory LLC (0.00%), Stolper Co (0.00%), Hennion & Walsh Asset Management Inc. (0.00%) and Silverlake Wealth Management LLC (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 4/19/2024 by MarketBeat.com Staff

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