Virtus Equity & Convertible Income Fund closed at $25.05 on Sep 28, down 0.20%, 7.6% below its 52-week closing high. Volume of 90.2K shares was 1.28× its 20-day average (above normal).
Split-adjusted performance: -3.8% over one month, +9.4% over six months, +1.5% over one year.
Short interest was 49.8K shares at the Sep 15 settlement, up 817.4% from the prior report (1.0 days to cover).
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Quick answers
What does Virtus Equity & Convertible Income Fund do?
Virtus AllianzGI Equity & Convertible Income Fund is a diversified, closed-end management investment company. The investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation.
What is NIE's market cap?
$694.11M, based on the Sep 28 close of $25.05.
Does Virtus Equity & Convertible Income Fund pay a dividend?
Yes. The latest regular dividend was $0.58 per share (ex-date Sep 14), an annualised yield of 9.26%.
About Virtus Equity & Convertible Income Fund
Virtus AllianzGI Equity & Convertible Income Fund is a diversified, closed-end management investment company. The investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. Its portfolio of investments comprises different sector investments, such as aerospace and defense, banks, IT services, software, and others.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
