Virtus Equity & Convertible Income Fund drops nearly 4% amidst broader market selloff. NIE relies on capital gains to cover its 10% annual distribution rate, which is challenging in the current high ...
The Virtus Equity & Convertible Income Fund is benefiting from its heavy exposure to mega-cap tech stocks, leading to a solid performance in 2023. The fund's discount has narrowed throughout the year, ...
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