Virtus Equity & Convertible Income Fund. (NIE) NEW YORK STOCK EXCHANGE INC.

$21.45 0.58 (2.78%)

Market Cap: $594.36M

As of 06/24/22 04:00 PM EDT. Market closed.

(NIE)

Virtus Equity & Convertible Income Fund. (NIE) NEW YORK STOCK EXCHANGE INC.

$21.45 0.58 (2.78%)

Market Cap: $594.36M

As of 06/24/22 04:00 PM EDT. Market closed.

Virtus AllianzGI Equity & Convertible Income Fund seeks total return comprised of capital appreciation, current income, and gains. Under normal circumstances, 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% ... read more

Virtus AllianzGI Equity & Convertible Income Fund seeks total return comprised of capital appreciation, current income, and gains. Under normal circumstances, 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 typically employs a strategy of writing (selling) call options on the stocks held in the equity component, generally with respect to approximately 70% of the value of each stock position. The extent to which the Fund uses this strategy will vary depending on market conditions and other factors. This strategy is intended to generate current gains from options premiums as a means to enhance distributions payable to the Fund's shareholders and to reduce overall portfolio risk. read less

COMPANY PROFILE
Sector
Finance and Insurance
Industry
Securities and Commodity Exchanges
URL
Address
1633 Broadway, New York, New York, 10019-6708.
Sector
Finance and Insurance
Industry
Securities and Commodity Exchanges
Address
1633 Broadway, New York, New York, 10019-6708.
PRICE CHART
1w
1m
3m
6m
YTD
1y
5y
MAX
From: To:
NEWS
KEY STATS
Open
$21.14
Previous Close
$20.87
Days Range
$21 - $21.45
52 week range
$19.82 - $29.22
Volume
150,013
Avg. Volume (30 days)
142,711
Market Cap
$594.36M
Dividend Yield
15.63%
P/E
-
Shares Outstanding
27,708,965
Open
$21.14
Previous Close
$20.87
Days Range
$21 - $21.45
52 week range
$19.82 - $29.22
Volume
150,013
Avg. Volume (30 days)
142,711
Market Cap
$594.36M
Dividend Yield
15.63%
P/E
-
Shares Outstanding
27,708,965

Open in: SeekingAlpha Yahoo Finance Fidelity MorningStar

Open in: SeekingAlpha Yahoo Finance Fidelity MorningStar

INSIDER TRANSACTIONS FOR VIRTUS EQUITY & CONVERTIBLE INCOME FUND
Owner Relationship Date Transaction Cost # Shares Value($) Total Shares Form 4
DeCotis Deborah A Director Mar 03, 2022 Buy $26.42 190 5,020 190 Mar 04, 2022, 05:00 PM
McLoughlin Philip R Director Feb 25, 2022 Buy $26.11 400 10,444 400 Mar 01, 2022, 02:39 PM
AYLWARD GEORGE R President and CEO Dec 21, 2021 Buy $30.49 2,460 75,000 2,460 Dec 22, 2021, 03:18 PM
FORSYTH DOUGLAS Affiliated Person Aug 11, 2020 Sale $24.66 20,000 493,271 10,000 Aug 13, 2020, 08:34 AM
Cogan Sarah E Director Aug 21, 2019 Buy $21.78 500 10,890 500 Aug 23, 2019, 07:44 AM
MACLEOD JAMES S Director Dec 20, 2017 Buy $21.67 500 10,835 1,000 Dec 22, 2017, 02:22 PM
Rappaport Alan Director Jul 07, 2017 Buy $19.75 1,000 19,750 1,000 Jul 10, 2017, 05:35 PM
Buy Sale Option Exercise
Owner Relationship Date Value($)
DeCotis Deborah A Director 03/03/2022 5,020
McLoughlin Philip R Director 02/25/2022 10,444
AYLWARD GEORGE R President and CEO 12/21/2021 75,000
FORSYTH DOUGLAS Affiliated Person 08/11/2020 493,271
Cogan Sarah E Director 08/21/2019 10,890
MACLEOD JAMES S Director 12/20/2017 10,835
Rappaport Alan Director 07/07/2017 19,750