- Virtus Equity & Convertible Income Fund (NIE) announced a **quarterly distribution of $0.50 per share**  **[1383441_59eb5b0ebb66434395539f0741281539_0]** , with an ex-date/record date of **September 12, 2025**, and a payable date of **September 29, 2025**.  **[1383441_59eb5b0ebb66434395539f0741281539_0]** 
- For the September 2025 quarter-to-date, the distribution is primarily sourced from **Net Realized Long-Term Capital Gains (65.7%)** and **Net Realized Short-Term Capital Gains (26.9%)**, with **no return of capital**.  **[1383441_59eb5b0ebb66434395539f0741281539_0]** 
- As of **July 31, 2025**, the fund's Average Annual Total Return on NAV for the 5-year period was **10.63%**, and its Fiscal Year-to-Date Cumulative Total Return on NAV was **5.31%**.  **[1383441_59eb5b0ebb66434395539f0741281539_1]** 
- The fund is a **diversified closed-end fund** that seeks total return from capital appreciation, current income, and gains, investing at least **80%** of its net assets in a combination of **equity securities and income-producing convertible securities**.  **[1383441_59eb5b0ebb66434395539f0741281539_1]**