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Stock impact report

NIE: Reliable Dividends While Maintaining Exposure To Technology [Seeking Alpha]

Virtus AllianzGI Equity & Convertible Income Fund Common Shares of Beneficial Interest (NIE) 
US:NYSE Investor Relations: morningstar.com/cefs/xnys/nie/quote.html
Company Research Source: Seeking Alpha
NIE's structure—convertibles, option writing, and income focus—limits long-term price appreciation versus index ETFs, making it best suited for income-oriented investors. The fund has consistently maintained quarterly distributions, with payouts well covered by earnings and a tax-efficient structure favoring long-term capital gains. I maintain a buy rating on NIE, citing attractive valuation, reliable income, and proven NAV growth despite lower total return potential than growth-focused ETFs. Tim Robberts/DigitalVision via Getty Images Overview I believe that Virtus Equity & Convertible Income Fund ( NIE ) is a unique closed-end fund because it provides instant exposure to some of the highest quality companies in the world while offering This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase Show less Read more
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