# Virtus Equity & Convertible Income Fund of Beneficial Interest (NIE) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $23.95, market value $664 million.

## Valuation
- **P/E (trailing): 5.0×** (5-yr avg 5.4×, 3-yr avg 5.4×). Virtus Equity & Convertible Income Fund of Beneficial Interest trades at 5.0× trailing earnings, close to its own five-year average of 5.4×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 5.8×**. Each dollar of revenue is priced at 5.8×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Earnings yield: 20.0%**. The inverse of the P/E: 20.0% of the price is earned each year.

## Profitability
- **Net margin: 99.6%**. 99.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.7%**. 14.7% on shareholders' equity is solid.
- **Return on assets: 14.6%**. Each dollar of assets produces 14.6% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -12.2%**. Revenue fell 12.2% over the last year.

## Dividends
- **Dividend yield: 9.69%** ($2.32 per share, trailing). Virtus Equity & Convertible Income Fund of Beneficial Interest yields 9.69%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 10.7%/yr** (1-yr 26.3%). The dividend has compounded at 10.7% a year over five years, doubling roughly every 7 years at that pace.

## Price and momentum
- **Total return (1 yr): 0.5%** (YTD 0.4%, 3-mo -8.1%). The shares are up 0.5% over twelve months including dividends.
- **From 52-week high: -12.1%** (5.1% above the low). Trading 12% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 30**. An RSI of 30 is neutral.
- **Beta (1 yr): 0.85** (volatility 14%). Beta of 0.85 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NIE · Page: https://foliofundamentals.com/stocks/nie

Not investment advice.