Virtus AllianzGI Equity & Convertible Income Fund (NIE)
21.80
-0.09
(-0.41%)
USD |
NYSE |
Apr 24, 16:00
21.80
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.07% | -10.03% | 674.16M | 70999.63 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0% | 104.0% | -24.54M | Upgrade |
Basic Info
| Investment Strategy | |
| The Funds investment objective is to seek total return comprised of capital appreciation, current income and gains. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. The Fund also employs a strategy of writing (selling) call options on the stocks held in the Equity Component as well as on equity indexes, generally with respect to up to approximately 70% of the value of the securities in the Equity Component. The extent of the Fund’s use of this options strategy will vary depending on market conditions and other factors. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Moderately Aggressive Allocation |
| Category Index | Morningstar Mod Agg Tgt Risk TR USD |
| Global Category Name | Aggressive Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Virtus Investment Advisers, Inc. |
| Prospectus Benchmark Index | |
| ICE BofA US Convt Bonds TR USD | 40.00% |
| Russell 1000 Growth TR USD | 60.00% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Justin Kass | 15.58 yrs |
| Michael Yee | 15.58 yrs |
| David Oberto | 1.67 yrs |
| Ethan Turner | 1.18 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
| Investment Strategy | |
| The Funds investment objective is to seek total return comprised of capital appreciation, current income and gains. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. The Fund also employs a strategy of writing (selling) call options on the stocks held in the Equity Component as well as on equity indexes, generally with respect to up to approximately 70% of the value of the securities in the Equity Component. The extent of the Fund’s use of this options strategy will vary depending on market conditions and other factors. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Moderately Aggressive Allocation |
| Category Index | Morningstar Mod Agg Tgt Risk TR USD |
| Global Category Name | Aggressive Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Virtus Investment Advisers, Inc. |
| Prospectus Benchmark Index | |
| ICE BofA US Convt Bonds TR USD | 40.00% |
| Russell 1000 Growth TR USD | 60.00% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Justin Kass | 15.58 yrs |
| Michael Yee | 15.58 yrs |
| David Oberto | 1.67 yrs |
| Ethan Turner | 1.18 yrs |