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Virtus Equity & Convertible Income Fund - $NIE STOCK NEWS

Welcome to our dedicated page for Virtus Equity & Convertible Income Fund news (Ticker: $NIE), a resource for investors and traders seeking the latest updates and insights on Virtus Equity & Convertible Income Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Virtus Equity & Convertible Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Virtus Equity & Convertible Income Fund's position in the market.

Rhea-AI Summary
Virtus Equity & Convertible Income Fund (NIE) declared a quarterly distribution of $0.50 per share, payable on March 28, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains, with any shortfall covered by the Fund's assets.
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End-of-Day
1%
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Rhea-AI Summary
Virtus Equity & Convertible Income Fund (NYSE: NIE) announces a quarterly distribution of $0.50 per share, with an ex-date of December 8, 2023, a record date of December 11, 2023, and a payable date of December 22, 2023. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains. However, if the aggregate income and gains are less than the distribution level, the shortfall will be distributed from the Fund's assets, constituting a return of the shareholder's capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
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Rhea-AI Summary
Virtus Equity & Convertible Income Fund (NIE) announces quarterly distribution of $0.50 per share on September 22, 2023. Distribution includes return of capital. Performance figures: 5-year average annual total return on NAV is 9.86%. Annualized current distribution rate is 8.30%. Fiscal YTD cumulative total return on NAV is 12.51%.
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-0.19%
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-1.02%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
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-0.55%
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Rhea-AI Sentiment
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1.8%
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Rhea-AI Sentiment
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-2.16%
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Rhea-AI Sentiment
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0.09%
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Rhea-AI Sentiment
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-0.87%
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Virtus Equity & Convertible Income Fund

NYSE:NIE

NIE Rankings

NIE Stock Data

615.14M
27.71M
0.02%
23.4%
0.72%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
New York

About NIE

in latin, virtus connotes the characteristics of integrity, quality and strength. those are the traits we stand for today as an investment management provider and the traits that will define us in the future. virtus investment partners provides investment management products and services to individuals and institutions. we operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. we clearly understand the responsibility we have to our clients and we are committed to their success as investors. for important disclaimers, go to https://www.virtus.com/social-media-guidelines