Part of the financial services sector, Virtus Equity & Convertible Income Fund (NIE) is listed under Asset Management. At a $726.3M market cap, Virtus Equity & Convertible Income Fund ranks as a small-cap company within financial services. The fund is co-managed by Allianz Global Investors U.S.
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As with any equity investment, NIE carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Virtus Equity & Convertible Income Fund and its sector.