NIE - Virtus Equity & Convertible Income Fund
A closed-end fund run by Virtus. Invests in convertible bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.
What happened, and when
-
March 11, 2026
The fund said how much it plans to pay out.
Original document →
About this fund
- Run by Virtus Investment Advisers, LLC. Part of the Virtus fund family. As of Jan 31, 2026, from the fund's yearly report. Original document →
- Size: about $808 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund does not borrow. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 1% a year in management fees; 1.1% a year in total, including interest on borrowed money. Fiscal year ended Jan 31, 2026. As of Jan 31, 2026, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended Jan 31, 2026) the fund paid $2.99 a share. $0.89 of that was income; $2.10 came from gains. As of Jan 31, 2026, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (Jan 31, 2026): $28.12. The shares traded at $25.45, about 9.5% below that. As of Jan 31, 2026, from the fund's yearly report. Original document →
- How the holdings did: up 5.6% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +33%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended Jan 31, 2026): the value of the holdings returned +19.8%. How the share price did: the shares returned +2.9% over the same year, counting payouts and the change in the market price. As of Jan 31, 2026, from the fund's annual report. Original document →
- First reported to the regulator in 2006.
What the fund holds
Mostly shares (55%), the rest bonds, cash and short-term holdings and preferred shares. About 96% issued in the U.S.
The fund also sells options on its holdings to raise income.
- Nvidia - 4.8%
- Cash and short-term - 4.4%
- Alphabet class A shares - 4.2%
- Apple - 3.8%
- Amazon.Com - 2.8%
- Microsoft - 2.4%
- Western Digital, Wdc 3 11/15/28 - 2.2%
- Broadcom - 2.1%
- Lumentum Holdings, Lite 0.375 03/15/32 - 1.6%
- Caterpillar - 1.4%
Show all 25
- Johnson & Johnson - 1.2%
- Meta Platforms class A shares - 1.1%
- Wells Fargo & Company 7.5% Non-Cumulative Perpetual Convertible Class A Preferred Stock class A shares - 1.1%
- Welltower Op LLC, Well 3.125 07/15/29 - 1%
- Nextera Energy Capital Holdings, Nee 3 03/01/27 - 1%
- Western Digital - 0.9%
- Applied Materials - 0.9%
- Boeing Company 6% Ser A Dep Shs Repstg 1/20TH Int Mandatory Conv preferred shares - 0.9%
- Mastercard class A shares - 0.9%
- Live Nation Entertainment, Lyv 2.875 01/15/30 - 0.9%
- Ross Stores - 0.9%
- Walmart - 0.9%
- Jp Morgan Chase & Company - 0.9%
- Unitedhealth Group - 0.9%
- Micron Technology - 0.8%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
| Date | What | Deadline | Document |
|---|---|---|---|
| March 11, 2026 | Payout set | none | Original document → |
- Run by
- Virtus Investment Advisers, LLC
- Fund family
- Virtus Funds
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-21989
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- Jan 31, 2026
- Number of holdings
- 181
- Preferred share classes
- none
Email me when something new is filed for NIE
Free. One email per notice or announcement, usually within a day. No password.