Virtus Equity & Convertible Income Fund $(NIE)$ has announced a quarterly distribution of $0.50 per share, with an ex-date of September 12, 2025, and a payable date of September 29, 2025. Under its Managed Distribution Plan, the Fund aims to maintain a consistent distribution level. For September 2025, the distribution sources include 7.4% from net investment income, 26.9% from net realized short-term capital gains, and 65.7% from net realized long-term capital gains. The Fund reported an average annual total return on NAV of 10.63% for the five-year period ending July 31, 2025, with a fiscal year-to-date cumulative total return on NAV of 5.31%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virtus AllianzGi Equity & Convertible Income Fund published the original content used to generate this news brief via Business Wire (Ref. ID: 20250827476516) on August 27, 2025, and is solely responsible for the information contained therein.