NYSE · Asset Management · USD

Virtus Equity & Convertible Income Fund (NIE) Stock Analysis

Virtus Equity & Convertible Income Fund (NIE) is a Asset Management stock listed on NYSE and quoted in US Dollar.

NIE

$26.04

−$0.13 (−0.50%)

Sep 4, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare NIE with… →

NIE Key Statistics

As of Sep 4, 2026

Trading

Open: $26.27
Previous Close: $26.17
Day's Range: 26.00–26.29
52-Week Range: 22.78–27.24
Volume: 32.70K

Valuation

Market Cap: $721.54M
P/E Ratio: 6.34
EPS (ttm): 4.11

Financials (FY)

Revenue (FY): $114.85M−12.22%
Net Income (FY): $114.33M−12.27%
Profit margin: 0.00%
Shares Outstanding: 27.71M
1-Year Return: +15.66%

Dividend and dates

Dividend: $2.32+8.87%
Ex-Dividend Date: September 14, 2026
Avg Volume: 58.60K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NIE Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+33.78%−26.73%+9.06%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+9.06%
2025	+12.15%
2024	+28.64%
2023	+26.71%
2022	−26.73%
2021	+18.89%
2020	+33.78%
2019	+31.09%
2018	−5.69%
2017	+23.68%
2016 (partial year)	+0.85%

As of September 4, 2026.

NIE Revenue and Earnings by Fiscal Year

FY ends January

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$114.85M	$114.33M	99.6%
2024	$130.83M	$130.32M	99.6%
2023	$94.20M	$93.75M	99.5%
2022	−$107.93M	−$108.43M	100.5%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$114.85M	—	—	$114.33M	99.6%
2024	$130.83M	—	—	$130.32M	99.6%
2023	$94.20M	—	—	$93.75M	99.5%
2022	−$107.93M	—	—	−$108.43M	100.5%

Annual figures as reported, in the company's reporting currency. As of January 31, 2026.

NIE Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$2.53+26.3% vs 2024

Dividends per share, 2025 · 5 payments

Year	Dividends per share	Payments	Change
2026*	$1.08	2	—
2025	$2.53	5	+26.3%
2024	$2.00	4	+0.0%
2023	$2.00	4	−49.7%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.08	2	—
2025	$2.53	5	+26.3%
2024	$2.00	4	+0.0%
2023	$2.00	4	−49.7%
2022	$3.98	5	+21.5%
2021	$3.27	5	+115.4%
2020	$1.52	4	+0.0%
2019	$1.52	4	+0.0%
2018	$1.52	4	+0.0%
2017	$1.52	4	+100.0%
2016	$0.76	2	—

Most recent payment: $0.54 per share, ex-dividend June 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NIE Valuation vs Asset Management Median

Median of 561 stocks

Metric	NIE	Asset Management median	vs median
P/E	6.34	10.34	39% below
Profit margin	0.00%	24.09%	24.1 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Virtus Equity & Convertible Income Fund (NIE) at $721.54M. It is classified in the Asset Management industry, within the Financial Services sector.

Over the past 52 weeks the price has ranged from $22.78 to $27.24. The most recent close on file for NIE is $26.04, dated September 4, 2026. That is −$0.13 (−0.50%) against the previous close. The latest close sits 14.31% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $114.85M. Against the prior fiscal year total of $130.83M, that is a change of −12.22%. Net income for the same year was $114.33M. That is −12.27% against the prior fiscal year. The reported profit margin is 0%. That is 24.1 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are 4.11.

Across the 4 fiscal years on file, revenue moves from −$107.93M in 2022 to $114.85M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 6.34 times earnings. That is 38.68% below the Asset Management median of 10.34. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is +15.66%. Across 10 years the annualized return works out at +13.53%. Daily returns over the trailing 10 years annualize to a volatility of 19.82%.

Growth & Income

Shareholders receive a dividend, yielding 8.87% on the latest price. That is 0.8 percentage points above the Asset Management median yield of 8.11%. At the indicated rate that is $2.32 a share a year. The ex-dividend date on file is September 14, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $1.08 a share. The year before, 2025, totalled $2.53 a share.

The strongest complete calendar year on file is 2020 at +33.78%; the weakest is 2022 at −26.73%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the price is +9.06%.

Peer Comparison

Virtus Equity & Convertible Income Fund (NIE) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Virtus Equity & Convertible Income Fund	NIE	$721.54M	6.3
BlackRock, Inc.	BLK	$182.35B	26.9
Blackstone Inc.	BX	$162.74B	30.5
KKR & Co. Inc.	KKR	$99.50B	34.4

The Asset Management industry average P/E ratio is 10.3x. Virtus Equity & Convertible Income Fund trades at a P/E of 6.3.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related Asset Management Stocks

BLK

BlackRock, Inc.

$182.35B

Blackstone Inc.

$162.74B

KKR

KKR & Co. Inc.

$99.50B

Brookfield Corporation

$89.99B

BAM

Brookfield Asset Management Ltd.

$80.82B

APO

Apollo Global Management, Inc.

$78.94B

View all Asset Management stocks →

Popular Financial Services Stocks

BRK-B

Berkshire Hathaway Inc.

$1.08T

JPM

JPMorgan Chase & Co.

$953.33B

Visa Inc.

$700.27B

Mastercard Incorporated

$507.39B

BAC

Bank of America Corporation

$438.31B

View all Financial Services stocks →

About Virtus Equity & Convertible Income Fund

Virtus Equity & Convertible Income Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity & Convertible Income Fund. Virtus Equity & Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.

Visit website →