A director of Virtus Convertible & Income Fund filed a statement of changes in beneficial ownership on August 20, 2026, reporting a purchase of common stock on August 18, 2026.

Key Highlights

  • Reporting person: Connie D. McDaniel, listed as a Director of Virtus Convertible & Income Fund (NYSE:NCV).
  • Shares purchased: 356 shares of common stock acquired on August 18, 2026.
  • Purchase price: $16.8302 per share, according to the filing.
  • Resulting ownership: McDaniel beneficially owned 723 shares directly following the reported transaction.
  • Transaction code: "P" (open-market purchase), with no derivative securities reported.

McDaniel's Open-Market Purchase of NCV Common Stock

According to the filing, Connie D. McDaniel, a Director associated with Virtus Investment Partners, Inc. at One Financial Plaza, 26th Floor, Hartford, Connecticut 06103, purchased 356 shares of Virtus Convertible & Income Fund common stock on August 18, 2026, at a price of $16.8302 per share. The transaction was coded "P," indicating an open-market purchase. The filing was signed by Kathryn Santoro as Attorney-in-Fact on August 20, 2026.

Virtus Convertible & Income Fund is a closed-end fund that trades on the New York Stock Exchange under the ticker NCV. Following the reported purchase, McDaniel's direct beneficial ownership in the fund stood at 723 shares of common stock, as disclosed in Table I of the filing. No derivative securities activity was reported in Table II of the filing.

What Was Disclosed

The filing reported a single open-market purchase of 356 shares of NCV common stock by Director Connie D. McDaniel at $16.8302 per share on August 18, 2026, bringing her total direct beneficial ownership to 723 shares.