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Virtus Equity & Convertible Income Fund

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About NIE

Virtus Equity & Convertible Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek total return comprised of capital appreciation, current income and gains. The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of equity securities and income-producing convertible securities. The equity component of the Fund may vary from 40-80% and the convertible component may vary from 20-60% of assets. The Fund's investment advisor is Virtus Investment Advisers, Inc. and its investment subadvisor is Voya Investment Management Co. LLC.

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Market Capitalisation

-

Price-earnings ratio

-

Dividend yield

8.53%

Volume

21.57K

High today

$23.55

Low today

$23.39

Open price

$23.48

52-week high

$23.88

52-week low

$18.62

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NIE FAQs

  1. Find the right investing platform for you. To buy NIE shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
  2. Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
  3. Search for NIE or Virtus Equity & Convertible Income Fund. Find the stock by using the search function and go to the NIE page.
  4. Place an order to buy NIE. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
  5. Monitor your portfolio. You’ve now purchased some NIE shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.

The ticker symbol for Virtus Equity & Convertible Income Fund is NIE.

One share of NIE is valued at $23.39 as of 18 October 2024.

Yes, NIE does pay dividends.

The dividend yield for NIE is 8.53% as of 18 October 2024.

The Price to Earnings ratio of NIE is 8.07.

The Earnings Per Share of NIE is $2.91.

The Virtus Equity & Convertible Income Fund 52-week high stock price is $23.88.

The Virtus Equity & Convertible Income Fund 52-week low stock price is $18.62.

Yes, the Stake investing platform allows you to buy NIE shares and over 12,000 more stocks and ETFs across the ASX and Wall St.

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

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