8:45am ET
Investing
Stock Splits Matter: Here’s What’s Coming the Rest of February
Here is a look at why companies split their stocks and why it matters. Plus, upcoming stock splits to watch from Southern Copper, cannabis ETFs, and more.
Companies
Virtus Convertible & Income Fund
$16.41
▼ $0.09 (−0.55%) today
Markets open · 10:05am ET
Today · % change
About Virtus Convertible & Income Fund
Virtus Convertible & Income Fund is a closed-ended mutual fund focusing on fixed income investments within the United States. Managed by Allianz Global Investors, it specializes in convertible securities and high-yield bonds that are generally below investment grade. The fund aims for a mix of securities with varying maturities, primarily between five to ten years, using fundamental analysis and proprietary research to select its investments. Originally known as AGIC Convertible & Income Fund, it was established in 2003 and is based in the U.S.
NCV Coverage
8:51am ET
Investing
Want $1,200 in Annual Passive Income? Invest $1,200 in Each Of These 9 Stocks
In recent years, many conservative investors relying on fixed-income securities for their income needs have found their buying power cut anywhere from 15% to over 100% on some items, due to inflation.…
4:32pm ET
Investing
How to Generate $10,000 in Passive Income This Year
The Bureau of Labor Statistics reported in early April 2024 that the Consumer Price Index rose 3.5%. This means inflation has now exceeded the Federal Reserve’s 2% inflation target for 37 consecutive…