AllianzGI Equity & Convertible Income Stock News

Let's talk about convertibles for a second—but not the car with a removable top that everyone thinks of when they hear that word: I'm talking about convertible bonds.

Virtus Equity & Convertible Income Fund aims to provide investors with an attractive level of income without sacrificing the upside potential of investing in equities. The NIE closed-end fund invests

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,

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 i

It's been almost two years since stocks last hit all-time highs, and the S&P 500 is still sitting some 11% below the peak!

Virtus Equity & Convertible Income Fund offers a high level of income from equities, boasting a 10.08% yield compared to the S&P 500's 1.52%. The NIE closed-end fund has outperformed the S&P 500 Index

Anyone that's followed me for a while knows I'm obsessed with the word "conditions" when it comes to investing. Virtus Equity & Convertible Income Fund has done quite well for some time now, consisten

Stop me if you've heard this one: “If you buy a high-yielding investment, your big yield won't last because they'll cut dividends.”

With yields north of 7%, closed-end funds (CEFs) should be a staple of every American's portfolio.

Price performance of healthcare and financial stocks in NIE's portfolio was quite disappointing this year. However, technology stocks performed well. NIE has been able to generate an exceptionally hig

Convertible securities offer the best of fixed-income securities and common equities to investors. AllianzGI Equity & Convertible Income Fund is heavily invested in technology and healthcare companies

NIE has been paying consistent quarterly dividends with a reasonably strong yield and exceptionally high total return over the long term. Convertible securities protected NIE from extreme volatility o

The AllianzGI Equity & Convertible Income Fund uses a combination of stocks, covered calls, and convertibles to provide investors with capital appreciation and current income. This differs from its si

We review CEF market valuation and performance through the first week of December and highlight recent market action. November did not bring much joy to CEF investors with the market finishing lower i