Virtus Equity & Convertible Income Fund Announces Distributions and Discloses Sources of Distribution – Section 19(a) Notice
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Source: Businesswire
Quarterly Distributions Announced: Virtus Equity & Convertible Income Fund (NYSE: NIE) has announced quarterly distributions of $0.50 per share for December 2024 and March 2025, with details on the sources of these distributions indicating a potential return of capital.
Fund Performance Overview: The fund's average annual total return on NAV over the past five years is 11.67%, with an annualized current distribution rate of 7.96%, while emphasizing that investment performance should not be inferred from distribution amounts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
