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Virtus Equity & Convertible Income Fund(NYSE) NIE

Current Price$25.91
Market Cap$717.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2007)+476%
5 Year+56%
1 Year+19%
1 Month-1%
Virtus Equity & Convertible Income Fund last closing stock price
MetricPriceDate
Last closeUSD 25.902026-07-24
Virtus Equity & Convertible Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.18%USD 26.212026-07-17
1 month-1.07%USD 26.182026-06-24
3 month+2.59%USD 25.252026-04-24
Year to date+8.48%USD 23.882025-12-31
1 year+19.39%USD 21.692025-07-24
3 year+59.87%USD 16.202023-07-25
5 year+56.41%USD 16.562021-07-23
Since inception+475.78%USD 4.502007-02-23

Virtus Equity & Convertible Income Fund Financials at a Glance

Market Cap

$717.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$181.04M

Net Income (TTM)

$244.65M

EPS (TTM)

$4.13

P/E Ratio

6.28

Dividend

$2.08

Beta (Volatility)

0.92 (Low)

Price

$25.91

Volume

846

Open

$26.04

Previous Close

$25.91

Daily Range

$25.82 - $26.04

52-Week Range

$22.78 - $27.24

Estimated Earnings Date

Apr 9, 2026

NIE News

No articles available.

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About Virtus Equity & Convertible Income Fund

Virtus Equity & Convertible Income Fund is a closed-end mutual fund that invests in a diversified portfolio of stocks and income-producing convertible securities. Managed by Allianz Global Investors, the fund focuses on U.S. public equity markets, targeting growth-oriented companies across various sectors.

Products and Services
  • Investment in a mix of stocks and convertible securities
  • Focus on growth-oriented companies
  • Comprehensive fundamental analysis for investment selection
Growth Outlook
  • Recent quarterly revenue reached $55.85 million, showing strong performance
  • Trailing twelve months (TTM) revenue of $158.5 million indicates consistent growth
  • Dividend yield of approximately 9.93% reflects attractive income potential
Financial Highlights
  • Net income for the latest quarter was $78.31 million, showcasing profitability
  • Price-to-earnings (P/E) ratio stands at 6.36, suggesting potential undervaluation
  • Total assets amount to $783.27 million, indicating solid asset base
The Virtus Equity & Convertible Income Fund offers a unique investment opportunity by blending equity and convertible securities, appealing to investors seeking both growth and income. The fund's recent financial performance highlights its ability to generate substantial revenue and net income, positioning it favorably in the asset management sector. With a strong focus on growth-oriented companies and a commitment to thorough analysis, the fund aims to deliver value to its investors. The attractive dividend yield further enhances its appeal, making it a noteworthy consideration for those interested in income-generating investments.
AI Generated • Jun 29, 2026

Industry

Capital Markets

Sector

Financials

CEO

George Robert Aylward, Jr., MBA

Website

www.virtus.com/NIE

Headquarters

New York City, NY 10019, US

NIE Financials

Key Financial Metrics (TTM)

Gross Margin

59.73%

Operating Margin

131.75%

Net Income Margin

131.75%

Return on Equity

15.02%

Return on Capital

14.67%

Return on Assets

14.60%

Earnings Yield

15.92%

Dividend Yield

8.03%

Payout Ratio

0.00%

Stock Overview

Market Cap

$717.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

27.71M

Volume

846

Avg. Volume

64.45K

Financials (TTM)

Gross Profit

$51.84M

Operating Income

$244.65M

EBITDA

$244.65M

Operating Cash Flow

$155.84M

Capital Expenditure

$0.00

Free Cash Flow

$155.84M

Cash & ST Invst.

$20.06M

Total Debt

$0.00

Virtus Equity & Convertible Income Fund Performance Analysis

Virtus Equity & Convertible Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-01-31USD 15,883,000-91.3%
20242024-01-31USD 27,439,00072.8%
20252025-01-31USD 94,257,000243.5%
20262026-01-31USD 86,783,000-7.9%
Virtus Equity & Convertible Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-07-31254.8%
Q42025-01-3132.2%
Q22025-07-31-42.4%
Q42026-01-3180.6%
Virtus Equity & Convertible Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-01-31USD -3.91N/A
20242024-01-31USD 3.38N/A
20252025-01-31USD 4.7039.0%
20262026-01-31USD 4.13-12.3%
Virtus Equity & Convertible Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-07-31208.5%
Q42025-01-3114.6%
Q22025-07-31-48.2%
Q42026-01-31117.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2025YOY CHG

Revenue

$55.85M

+388.1%

Gross Profit

$51.84M

N/A

Gross Margin

92.81%

N/A

Market Cap

$717.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

0

N/A

Net Income

$78.31M

+296.0%

EBITDA

$78.31M

+296.0%

Quarterly Fundamentals

Name
Q4 2025YOY CHG

Total Cash

$20.06M

-1.6%

Total Debt

$0.00

N/A

Accounts Receivable

$6.71M

-7.7%

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$0.00

N/A

Return on Assets

14.60%

N/A

Return on Invested Capital

14.67%

N/A

Free Cash Flow

$70.58M

+652.4%

Operating Cash Flow

$70.58M

+652.4%

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Questions About NIE

What is the current price of Virtus Equity & Convertible Income Fund?

Virtus Equity & Convertible Income Fund is trading at $25.91 per share.

What is the 52-week range for Virtus Equity & Convertible Income Fund?

Over the past 52 weeks, Virtus Equity & Convertible Income Fund has traded between $22.78 and $27.24.

How much debt does Virtus Equity & Convertible Income Fund have?

As of the most recent reporting period, Virtus Equity & Convertible Income Fund reported total debt of $0.00.

How much cash does Virtus Equity & Convertible Income Fund have on hand?

Virtus Equity & Convertible Income Fund reported $46.85M in cash and cash equivalents in its most recent financial results.

What is Virtus Equity & Convertible Income Fund’s dividend yield?

Virtus Equity & Convertible Income Fund currently has a dividend yield of 8.03%.

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