NIE News and Press, AllianzGI Equity & Convertible Income Fund From 09/29/23

2023-09-29 16:23:43 ET Summary Virtus Equity & Convertible Income Fund offers a high level of income from equities, boasting a 10.08% yield compared to the S&P 500's 1.52%. The NIE closed-end fund has outperformed the S&P 500 Index on a total return basis since January...

2023-08-28 05:00:28 ET Over a decade ago, closed-end funds (CEFs) helped me achieve financial independence. Since then I’ve seen hundreds of other people use them to get there, too. I’m certain these unloved funds—payers of 8%+ dividends—can help you do t...

2023-07-24 16:35:04 ET Summary Anyone that's followed me for a while knows I'm obsessed with the word "conditions" when it comes to investing. Virtus Equity & Convertible Income Fund has done quite well for some time now, consistently being in the top of its category for sever...

2023-07-17 06:15:03 ET Summary Writing about your own investing is like "eating your own cooking in public". Here are my top ten personal holdings, the largest "engines" in my own personal Income Factory. Annual total returns for the top ten holdings range from 35% to 4%, depe...

2023-06-26 05:00:51 ET Stop me if you’ve heard this one: “If you buy a high-yielding investment, your big yield won’t last because they’ll cut dividends.” I hear it a lot, so let’s talk about two funds that haven’t cut distributions i...

2023-05-26 02:40:00 ET Summary The double-digit declines in equity and credit markets in 2022 set the stage for compelling opportunities in convertible securities. We see attractive yield potential in select convertibles trading below par (“busted” convertibles). ...

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income &...

2023-04-10 05:00:42 ET With yields north of 7%, closed-end funds (CEFs) should be a staple of every American’s portfolio. Especially when you consider that the vast majority of these funds pay dividends every single month. But the truth is, CEFs remain a niche product...

2023-04-03 05:00:35 ET Let’s be honest: despite today’s high interest rates, it’s still an income desert out there. The 10-year Treasury yields 3.6%. That’s all right—much better than the 1% or so it dribbled out a couple years back. But it’...

2023-04-02 07:56:23 ET Summary Price performance of healthcare and financial stocks in NIE’s portfolio was quite disappointing this year. However, technology stocks performed well. NIE has been able to generate an exceptionally high yield during 2022 and 2023. Otherwise, th...