Connie D. McDaniel, a director at Virtus Equity & Convertible Income Fund, purchased 245 shares of the fund’s common stock on August 20, 2026, according to a regulatory filing. The transaction was reported on August 24, 2026.
The shares were acquired at a price of $26.3693 per share, resulting in a total transaction value of $6,460. Following the purchase, McDaniel’s direct holdings in Virtus Equity & Convertible Income Fund increased to 471 shares.
Virtus Equity & Convertible Income Fund, which trades under the ticker NIE, is managed by Virtus Investment Partners. The fund focuses on equity and convertible securities, offering investors exposure to a diversified portfolio of income-generating assets.
