Connie D. McDaniel

September 7, 2026

Virtus Equity & Convertible Income Fund Discloses Distribution Sources. The Virtus Equity & Convertible Income Fund has issued a Section 19(a) notice, disclosing the sources of its latest distribution payment to shareholders. This required filing informs investors whether the distribution came from income, realized capital gains, or a return of capital, which affects the tax treatment of the payment. For shareholders of this closed-end fund, such notices are routine but provide important transparency about the fund's actual yield and distribution policy. The fund's market price remains near its longer-term support level as this disclosure reaches investors.

September 27, 2026

ACV Announces Increase to Monthly Distributions. Virtus Diversified Income & Convertible Fund announced an increase to its monthly distributions. The fund also disclosed the sources of these payments in a regulatory notice. This update is relevant for holders focused on income, as the fund currently reports a dividend yield of 8.01%.

October 14, 2026

NCV trades at unusual discount to sister fund NCZ. A recent analysis highlights that NCV is trading at an unusually wide discount compared to its sister fund, NCZ. This divergence between the two Virtus convertible funds has drawn attention from market observers. The fund currently shows a high dividend yield of 9.72% and a low P/E ratio of 4.1, which may be factors in its current valuation relative to NCZ.

October 14, 2026

NCZ and NCV show unusual price divergence. Recent analysis highlights that NCZ and its sister fund, NCV, are trading at unusually different prices despite similar structures. This divergence may reflect specific market dynamics or liquidity differences between the two funds. The commentary notes this gap is noteworthy for investors comparing the two convertible income products.

October 17, 2026

BofA reinstates Global Payments coverage with $114 target. Bank of America has restarted coverage on Global Payments, issuing a buy rating and a price target of $114. This move places the stock within a broader wave of analyst actions affecting the payments sector, which also saw updates for FIS and Toast. The new target sits above the current average analyst estimate of $105.34, signaling renewed institutional interest in the company's outlook.

September 7, 2026

Virtus AI & Technology Fund Declares Latest Distribution. Virtus Artificial Intelligence & Technology Opportunities Fund has announced a new distribution to shareholders. As a closed-end fund focused on AI and technology companies, this payment reflects income generated from the fund's underlying portfolio holdings. The fund currently offers an 8.13% dividend yield, which is notably high compared to broader market averages. Distribution announcements are standard practice for closed-end funds and represent regular returns to shareholders rather than any change in fund strategy or market outlook.