NIE: Equity/Convertible CEF Provides Access To Technology Stocks, Attractive Dividend Yield

2026-02-18 07:01:23 ET

(Data below is sourced from the Virtus fund website unless otherwise stated.)

The Virtus Equity & Convertible Income Fund ( NIE ) is a $775 million closed-end fund that invests at least 80% of the portfolio assets in a combination of equities and income-producing convertible securities. The fund currently offers a way for income investors to get access to high-quality companies like the MAG 7 stocks, along with a high distribution yield in the 8% range....

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