Is Virtus Equity & Convertible Income Fund overvalued?

Virtus Equity & Convertible Income Fund (NIE) looks overvalued — trading about 19% above its fair value.

Overvalued

Price

$26.86

Fair value

$21.84

Current P/E

6.5

Normal P/E

5.3

Market cap

$744.3M

Dividend yield

9.9%

Return on equity

14.7%

Sector

Financial Services

Fair value compares NIE's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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