<p>康涅狄格州哈特福德 --（商业新闻）--Virtus 股票与可转换收益基金（纽约证券交易所代码：NIE）今天宣布向其普通股股东发放以下特别年终分配：</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>代码</strong></td>
<td><strong>分配金额</strong></td>
<td><strong>除息日/记录日</strong></td>
<td><strong>支付日期</strong></td>
</tr>
<tr>
<td>NIE</td>
<td>$0.526</td>
<td>2025 年 12 月 29 日</td>
<td>2026 年 1 月 9 日</td>
</tr>
</tbody>
</table>
<p>这项特别年终分配是对普通股股东定期季度分配的补充，基金支付此项分配以满足某些联邦税务要求。</p>
<p>基金此前于 2025 年 11 月 19 日宣布了以下季度分配：</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>代码</strong></td>
<td><strong>分配金额</strong></td>
<td><strong>除息日/记录日</strong></td>
<td><strong>支付日期</strong></td>
</tr>
<tr>
<td>NIE</td>
<td>$0.50</td>
<td>2025 年 12 月 11 日</td>
<td>2025 年 12 月 30 日</td>
</tr>
</tbody>
</table>
<p>基金提供了特别分配及 2025 年 12 月和财政年度迄今为止根据基金的管理分配计划所作分配的来源估算：</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>分配估算</strong></td>
<td><strong>2025 年 12 月（季度）</strong></td>
<td><strong>特别年终</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><strong>分配来源</strong></td>
<td><strong>财政年度迄今</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><strong>（YTD）（1）</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>（来源）</td>
<td><em>每股</em> <em>金额</em></td>
<td><em>当前</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>分配的</em> <em>百分比</em></td>
<td><em>每股</em> <em>金额</em></td>
<td><em>当前</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>分配的</em> <em>百分比</em></td>
<td><em>每股</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>金额</em></td>
<td><em>当前</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>分配的</em> <em>百分比</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>净投资收益</td>
<td>$ 0.030</td>
<td>6.0%</td>
<td>$ 0.000</td>
<td>0.0%</td>
<td>$ 0.123</td>
<td>4.9%</td>
</tr>
<tr>
<td>净实现短期资本收益</td>
<td>0.470</td>
<td>94.0%</td>
<td>0.000</td>
<td>0.0%</td>
<td>1.150</td>
<td>45.5%</td>
</tr>
<tr>
<td>净实现长期资本收益</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.526</td>
<td>100.0%</td>
<td>1.253</td>
<td>49.6%</td>
</tr>
<tr>
<td>资本回报（或其他资本来源）</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.000</td>
<td>0.0%</td>
</tr>
<tr>
<td><strong>总分配</strong></td>
<td><strong>$ 0.500</strong></td>
<td><strong>100.0%</strong></td>
<td><strong>$ 0.526</strong></td>
<td><strong>100.0%</strong></td>
<td><strong>$ 2.526</strong></td>
<td><strong>100.0%</strong></td>
</tr>
<tr>
<td>(1) 财政年度始于 2025 年 2 月 1 日。</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<p>根据其管理分配计划的条款，基金寻求维持一个一致的分配水平，该水平可以部分或全部来自净投资收益和实现的资本收益，或两者的组合。然而，股东应注意，如果基金的总净投资收益和净实现资本收益低于分配水平的金额，差额将从基金的资产中分配，并构成对股东资本的回报。您不应根据此分配的金额或基金的管理分配计划的条款对基金的投资表现得出任何结论。</p>
<p>有关基金表现和分配率的信息如下。请注意，所有表现数据均基于基金的净资产值（NAV），而非基金股份的市场价格。表现数据并不代表个别股东的表现。</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>2025 年 11 月 28 日</strong></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>过去 5 年期间的 NAV 平均年总回报（2）</em></td>
<td>9.51%</td>
<td></td>
</tr>
<tr>
<td><em>年化当前分配率（3）</em></td>
<td>7.00%</td>
<td></td>
</tr>
<tr>
<td><em>财政年度迄今的 NAV 累计总回报（4）</em></td>
<td>14.28%</td>
<td></td>
</tr>
<tr>
<td><em>财政年度迄今的累计分配率（5）</em></td>
<td>8.84%</td>
<td></td>
</tr>
<tr>
<td>(2)</td>
<td>NAV 的平均年总回报是五年期间的年复合回报。它反映了基金 NAV 的变化和所有分配的再投资。</td>
<td></td>
</tr>
<tr>
<td>(3)</td>
<td>年化当前分配率是当前分配率（每股$0.50）年化为基金月末 NAV 的百分比。</td>
<td></td>
</tr>
<tr>
<td>(4)</td>
<td>财政年度迄今的 NAV 累计总回报是从财政年度第一天到本月末基金 NAV 的百分比变化，包括已支付的分配，并假设这些分配被再投资。</td>
<td></td>
</tr>
<tr>
<td>(5)</td>
<td>财政年度迄今的累计分配率是从财政年度第一天到下一个日历季度末（包括特别年终分配）的分配金额占基金月末 NAV 的百分比。如果不包括每股$0.526 的特别年终分配，财政年度迄今的累计分配率将为 7.00%。</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<p>本通知中报告的分配金额和来源仅为估算，不用于税务报告目的。税务目的的实际分配金额和来源将取决于基金在财政年度剩余期间的投资经验，并可能根据税务法规的变化而有所调整。基金或您的经纪人将向您发送一份 1099-DIV 表格，告知您在联邦所得税目的下需要报告的分配。</p>
<p><strong>关于基金</strong></p>
<p>Virtus 股票与可转换收益基金是一个多元化的封闭式基金，旨在寻求由资本增值、当前收入和收益组成的总回报。在正常情况下，基金将至少将其净资产（加上任何用于投资目的的借款）的 80% 投资于股票证券和产生收入的可转换证券的组合。Virtus Investment Advisers, LLC 是与 Virtus Investment Partners, Inc.相关的注册投资顾问，是基金的投资顾问，Voya Investment Management 是其子顾问。</p>
<p>有关基金的更多信息，请联系股东服务部，电话（866）270-7788，电子邮件 closedendfunds@virtus.com，或通过 virtus.com 的封闭式基金部分。</p>
<p><strong>基金风险</strong></p>
<p>对基金的投资存在风险，包括可能损失本金的风险。基金的份额在出售时可能低于投资者为其支付的价格。封闭式基金的份额可能以高于或低于其净资产值的价格交易。有关基金投资目标和风险的更多信息，请参阅基金的年度报告。基金最新的年度报告可以通过 virtus.com 的封闭式基金部分访问，并可以通过联系本新闻稿末尾所述的 “股东服务” 免费获取。</p>
<p><strong>关于 Virtus Investment Partners, Inc.</strong></p>
<p>Virtus Investment Partners（纽约证券交易所代码：VRTS）是一个独特的精品投资管理者合作伙伴关系，专注于个人和机构投资者的长期成功。我们提供来自各个投资经理的投资产品和服务，每个投资经理都有独特的投资风格和自主的投资流程，以及精选的子顾问。投资解决方案涵盖多个学科和产品类型，以满足广泛的投资者需求。有关我们公司、投资伙伴和策略的更多信息，请访问 virtus.com。</p>
<p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMTk0NTY1NzNyMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMTk0NTY1NzNyMQ"/></p>
<p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20251219456573/en/</p>
<p><strong>更多信息：</strong></p>
<p>股东服务</p>
<p>(866) 270-7788</p>
<p>closedendfunds@virtus.com</p>
<p>来源：Virtus 股票与可转换收益基金</p>

Virtus投资

<p>Virtus 股票与可转换收益基金 (NYSE: NIE) 宣布将于 2026 年 1 月 9 日支付每股 $0.526 的特别年终分配，此外还将进行常规季度分配。该基金旨在管理联邦税务要求并保持一致的分配水平。特别分配的来源包括 100% 的净实现长期资本收益。基金的表现和分配率基于净资产价值 (NAV)，而非市场价格。欲了解更多信息，请联系股东服务或访问 virtus.com</p>

<p>HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity &amp; Convertible Income Fund (NYSE: NIE) today announced the following special year-end distribution to holders of its common shares.:</p>
<div class="lb-trans"><p>康涅狄格州哈特福德 --（商业新闻）--Virtus 股票与可转换收益基金（纽约证券交易所代码：NIE）今天宣布向其普通股股东发放以下特别年终分配：</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Ticker</strong></td>
<td><strong>Amount of Distribution</strong></td>
<td><strong>Ex-Date/Record Date</strong></td>
<td><strong>Payable Date</strong></td>
</tr>
<tr>
<td>NIE</td>
<td>$0.526</td>
<td>December 29, 2025</td>
<td>January 9, 2026</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>代码</strong></td>
<td><strong>分配金额</strong></td>
<td><strong>除息日/记录日</strong></td>
<td><strong>支付日期</strong></td>
</tr>
<tr>
<td>NIE</td>
<td>$0.526</td>
<td>2025 年 12 月 29 日</td>
<td>2026 年 1 月 9 日</td>
</tr>
</tbody>
</table>
</div><p>This special year-end distribution, which is in addition to the regular quarterly distribution paid to holders of its common shares, is being paid by the Fund to manage certain federal tax requirements.</p>
<div class="lb-trans"><p>这项特别年终分配是对普通股股东定期季度分配的补充，基金支付此项分配以满足某些联邦税务要求。</p>
</div><p>The Fund previously announced the following quarterly distribution on November 19, 2025:</p>
<div class="lb-trans"><p>基金此前于 2025 年 11 月 19 日宣布了以下季度分配：</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Ticker</strong></td>
<td><strong>Amount of Distribution</strong></td>
<td><strong>Ex-Date/Record Date</strong></td>
<td><strong>Payable Date</strong></td>
</tr>
<tr>
<td>NIE</td>
<td>$0.50</td>
<td>December 11, 2025</td>
<td>December 30, 2025</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>代码</strong></td>
<td><strong>分配金额</strong></td>
<td><strong>除息日/记录日</strong></td>
<td><strong>支付日期</strong></td>
</tr>
<tr>
<td>NIE</td>
<td>$0.50</td>
<td>2025 年 12 月 11 日</td>
<td>2025 年 12 月 30 日</td>
</tr>
</tbody>
</table>
</div><p>The Fund provides this estimate of the sources of the special distribution and the December 2025 and fiscal year-to-date distributions made pursuant to the Fund’s Managed Distribution Plan:</p>
<div class="lb-trans"><p>基金提供了特别分配及 2025 年 12 月和财政年度迄今为止根据基金的管理分配计划所作分配的来源估算：</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Distribution Estimates</strong></td>
<td><strong>December 2025 (QTD)</strong></td>
<td><strong>Special Year-End</strong><br/><strong>Distribution Sources</strong></td>
<td><strong>Fiscal Year-to-Date</strong><br/><strong>(YTD) (1)</strong></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>(Sources)</td>
<td><em>Per Share</em> <em>Amount</em></td>
<td><em>Percentage</em><br/><em>of Current</em><br/><em>Distribution</em></td>
<td><em>Per Share</em> <em>Amount</em></td>
<td><em>Percentage</em><br/><em>of Current</em><br/><em>Distribution</em></td>
<td><em>Per Share</em><br/><em>Amount</em></td>
<td><em>Percentage</em> <em>of Current</em><br/><em>Distribution</em></td>
</tr>
<tr>
<td>Net Investment Income</td>
<td>$ 0.030</td>
<td>6.0%</td>
<td>$ 0.000</td>
<td>0.0%</td>
<td>$ 0.123</td>
<td>4.9%</td>
</tr>
<tr>
<td>Net Realized Short-Term Capital Gains</td>
<td>0.470</td>
<td>94.0%</td>
<td>0.000</td>
<td>0.0%</td>
<td>1.150</td>
<td>45.5%</td>
</tr>
<tr>
<td>Net Realized Long-Term Capital Gains</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.526</td>
<td>100.0%</td>
<td>1.253</td>
<td>49.6%</td>
</tr>
<tr>
<td>Return of Capital (or other Capital Source)</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.000</td>
<td>0.0%</td>
</tr>
<tr>
<td><strong>Total Distribution</strong></td>
<td><strong>$ 0.500</strong></td>
<td><strong>100.0%</strong></td>
<td><strong>$ 0.526</strong></td>
<td><strong>100.0%</strong></td>
<td><strong>$ 2.526</strong></td>
<td><strong>100.0%</strong></td>
</tr>
<tr>
<td>(1) Fiscal year started February 1, 2025.</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>分配估算</strong></td>
<td><strong>2025 年 12 月（季度）</strong></td>
<td><strong>特别年终</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><strong>分配来源</strong></td>
<td><strong>财政年度迄今</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><strong>（YTD）（1）</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>（来源）</td>
<td><em>每股</em> <em>金额</em></td>
<td><em>当前</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>分配的</em> <em>百分比</em></td>
<td><em>每股</em> <em>金额</em></td>
<td><em>当前</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>分配的</em> <em>百分比</em></td>
<td><em>每股</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>金额</em></td>
<td><em>当前</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>分配的</em> <em>百分比</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>净投资收益</td>
<td>$ 0.030</td>
<td>6.0%</td>
<td>$ 0.000</td>
<td>0.0%</td>
<td>$ 0.123</td>
<td>4.9%</td>
</tr>
<tr>
<td>净实现短期资本收益</td>
<td>0.470</td>
<td>94.0%</td>
<td>0.000</td>
<td>0.0%</td>
<td>1.150</td>
<td>45.5%</td>
</tr>
<tr>
<td>净实现长期资本收益</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.526</td>
<td>100.0%</td>
<td>1.253</td>
<td>49.6%</td>
</tr>
<tr>
<td>资本回报（或其他资本来源）</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.000</td>
<td>0.0%</td>
<td>0.000</td>
<td>0.0%</td>
</tr>
<tr>
<td><strong>总分配</strong></td>
<td><strong>$ 0.500</strong></td>
<td><strong>100.0%</strong></td>
<td><strong>$ 0.526</strong></td>
<td><strong>100.0%</strong></td>
<td><strong>$ 2.526</strong></td>
<td><strong>100.0%</strong></td>
</tr>
<tr>
<td>(1) 财政年度始于 2025 年 2 月 1 日。</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
</div><p>Under the terms of its Managed Distribution Plan, the Fund seeks to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.</p>
<div class="lb-trans"><p>根据其管理分配计划的条款，基金寻求维持一个一致的分配水平，该水平可以部分或全部来自净投资收益和实现的资本收益，或两者的组合。然而，股东应注意，如果基金的总净投资收益和净实现资本收益低于分配水平的金额，差额将从基金的资产中分配，并构成对股东资本的回报。您不应根据此分配的金额或基金的管理分配计划的条款对基金的投资表现得出任何结论。</p>
</div><p>Information regarding the Fund’s performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund’s net asset value (NAV) and not the market price of the Fund’s shares. Performance figures are not meant to represent individual shareholder performance.</p>
<div class="lb-trans"><p>有关基金表现和分配率的信息如下。请注意，所有表现数据均基于基金的净资产值（NAV），而非基金股份的市场价格。表现数据并不代表个别股东的表现。</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>November 28, 2025</strong></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>Average Annual Total Return on NAV for the 5-year period (2)</em></td>
<td>9.51%</td>
<td></td>
</tr>
<tr>
<td><em>Annualized Current Distribution Rate (3)</em></td>
<td>7.00%</td>
<td></td>
</tr>
<tr>
<td><em>Fiscal YTD Cumulative Total Return on NAV (4)</em></td>
<td>14.28%</td>
<td></td>
</tr>
<tr>
<td><em>Fiscal YTD Cumulative Distribution Rate (5)</em></td>
<td>8.84%</td>
<td></td>
</tr>
<tr>
<td>(2)</td>
<td>Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions.</td>
<td></td>
</tr>
<tr>
<td>(3)</td>
<td>Annualized Current Distribution Rate is the current distribution rate ($0.50 per share) annualized as a percentage of the Fund's NAV at month end.</td>
<td></td>
</tr>
<tr>
<td>(4)</td>
<td>Fiscal YTD Cumulative Total Return on NAV is the percentage change in the Fund's NAV from the first day of the fiscal year to this month end, including distributions paid and assuming reinvestment of those distributions.</td>
<td></td>
</tr>
<tr>
<td>(5)</td>
<td>Fiscal YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the fiscal year through the next calendar quarter end (inclusive of the special year-end distribution) as a percentage of the Fund's NAV at month end. The Fiscal YTD Cumulative Distribution Rate would be 7.00% if the special year-end distribution of $0.526 per share was excluded.</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>2025 年 11 月 28 日</strong></td>
<td></td>
<td></td>
</tr>
<tr>
<td><em>过去 5 年期间的 NAV 平均年总回报（2）</em></td>
<td>9.51%</td>
<td></td>
</tr>
<tr>
<td><em>年化当前分配率（3）</em></td>
<td>7.00%</td>
<td></td>
</tr>
<tr>
<td><em>财政年度迄今的 NAV 累计总回报（4）</em></td>
<td>14.28%</td>
<td></td>
</tr>
<tr>
<td><em>财政年度迄今的累计分配率（5）</em></td>
<td>8.84%</td>
<td></td>
</tr>
<tr>
<td>(2)</td>
<td>NAV 的平均年总回报是五年期间的年复合回报。它反映了基金 NAV 的变化和所有分配的再投资。</td>
<td></td>
</tr>
<tr>
<td>(3)</td>
<td>年化当前分配率是当前分配率（每股$0.50）年化为基金月末 NAV 的百分比。</td>
<td></td>
</tr>
<tr>
<td>(4)</td>
<td>财政年度迄今的 NAV 累计总回报是从财政年度第一天到本月末基金 NAV 的百分比变化，包括已支付的分配，并假设这些分配被再投资。</td>
<td></td>
</tr>
<tr>
<td>(5)</td>
<td>财政年度迄今的累计分配率是从财政年度第一天到下一个日历季度末（包括特别年终分配）的分配金额占基金月末 NAV 的百分比。如果不包括每股$0.526 的特别年终分配，财政年度迄今的累计分配率将为 7.00%。</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
</div><p>The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.</p>
<div class="lb-trans"><p>本通知中报告的分配金额和来源仅为估算，不用于税务报告目的。税务目的的实际分配金额和来源将取决于基金在财政年度剩余期间的投资经验，并可能根据税务法规的变化而有所调整。基金或您的经纪人将向您发送一份 1099-DIV 表格，告知您在联邦所得税目的下需要报告的分配。</p>
</div><p><strong>About the Fund</strong></p>
<div class="lb-trans"><p><strong>关于基金</strong></p>
</div><p>Virtus Equity &amp; Convertible Income Fund is a diversified closed-end fund that seeks total return comprised of capital appreciation, current income, and gains. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of equity securities and income-producing convertible securities. Virtus Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, Inc., is the investment adviser to the Fund and Voya Investment Management is its subadviser.</p>
<div class="lb-trans"><p>Virtus 股票与可转换收益基金是一个多元化的封闭式基金，旨在寻求由资本增值、当前收入和收益组成的总回报。在正常情况下，基金将至少将其净资产（加上任何用于投资目的的借款）的 80% 投资于股票证券和产生收入的可转换证券的组合。Virtus Investment Advisers, LLC 是与 Virtus Investment Partners, Inc.相关的注册投资顾问，是基金的投资顾问，Voya Investment Management 是其子顾问。</p>
</div><p>For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.</p>
<div class="lb-trans"><p>有关基金的更多信息，请联系股东服务部，电话（866）270-7788，电子邮件 closedendfunds@virtus.com，或通过 virtus.com 的封闭式基金部分。</p>
</div><p><strong>Fund Risks</strong></p>
<div class="lb-trans"><p><strong>基金风险</strong></p>
</div><p>An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report can be accessed through the Closed-End Funds section of virtus.com and may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.</p>
<div class="lb-trans"><p>对基金的投资存在风险，包括可能损失本金的风险。基金的份额在出售时可能低于投资者为其支付的价格。封闭式基金的份额可能以高于或低于其净资产值的价格交易。有关基金投资目标和风险的更多信息，请参阅基金的年度报告。基金最新的年度报告可以通过 virtus.com 的封闭式基金部分访问，并可以通过联系本新闻稿末尾所述的 “股东服务” 免费获取。</p>
</div><p><strong>About Virtus Investment Partners, Inc.</strong></p>
<div class="lb-trans"><p><strong>关于 Virtus Investment Partners, Inc.</strong></p>
</div><p>Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.</p>
<div class="lb-trans"><p>Virtus Investment Partners（纽约证券交易所代码：VRTS）是一个独特的精品投资管理者合作伙伴关系，专注于个人和机构投资者的长期成功。我们提供来自各个投资经理的投资产品和服务，每个投资经理都有独特的投资风格和自主的投资流程，以及精选的子顾问。投资解决方案涵盖多个学科和产品类型，以满足广泛的投资者需求。有关我们公司、投资伙伴和策略的更多信息，请访问 virtus.com。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMTk0NTY1NzNyMQ" alt="" original-src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251219456573r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en"/></p>
<p>View source version on businesswire.com: https://www.businesswire.com/news/home/20251219456573/en/</p>
<div class="lb-trans"><p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20251219456573/en/</p>
</div><p><strong>For Further Information:</strong></p>
<div class="lb-trans"><p><strong>更多信息：</strong></p>
</div><p>Shareholder Services</p>
<div class="lb-trans"><p>股东服务</p>
</div><p>(866) 270-7788</p>
<div class="lb-trans"><p>(866) 270-7788</p>
</div><p>closedendfunds@virtus.com</p>
<div class="lb-trans"><p>closedendfunds@virtus.com</p>
</div><p>Source: Virtus Equity &amp; Convertible Income Fund</p>
<div class="lb-trans"><p>来源：Virtus 股票与可转换收益基金</p>
</div>

Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice | NIE Stock News

Virtus 股票和可转换收入基金宣布特别年终分配，并披露分配来源——第 19(a) 节通知 | NIE 股票新闻