Virtus Equity & Convertible Income Fund (NIE) vs Royce Micro-Cap (RMT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Royce Micro-Cap (RMT) has outperformed Virtus Equity & Convertible Income Fund (NIE) over the past year, gaining 28.5% versus a gain of 0.4%. Over five years, RMT leads with a +14.4% price change compared with -15.7% for NIE. Royce Micro-Cap is the larger company by market cap ($718.3 million vs $702.7 million), about 1.0 times the size.
On valuation, Royce Micro-Cap trades at a lower trailing P/E (1.9x vs 6.1x for Virtus Equity & Convertible Income Fund). Royce Micro-Cap pays a dividend yielding 6.19%, while Virtus Equity & Convertible Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NIE | RMT |
|---|---|---|
| Share price | $25.36 | $13.26 |
| Market cap | $702.70M | $718.31M |
| 1-day change | -0.47% | -1.01% |
| YTD return | +2.25% | +28.38% |
| 1-year return | +0.43% | +28.50% |
| 5-year return | -15.74% | +14.44% |
| P/E ratio (TTM) | 6.14 | 1.88 |
| EPS (TTM) | $4.13 | $7.06 |
| Dividend yield | 9.11% | 6.19% |
| Annual dividend | $0.00 | $0.82 |
| 52-week high | $27.24 | $14.78 |
| 52-week low | $22.78 | $9.52 |
| Distance from 52-week high | -6.90% | -10.32% |
| Average volume | 64.69K | 103.85K |
| Shares outstanding | 27.71M | 54.19M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RMT has outperformed NIE by 28.1 percentage points over the past year.
- Virtus Equity & Convertible Income Fund trades at a higher earnings multiple (6.1x vs 1.9x trailing P/E).
- Virtus Equity & Convertible Income Fund offers a meaningfully higher dividend yield (9.11% vs 6.19%).
About Virtus Equity & Convertible Income Fund
NIE stock →Virtus Equity & Convertible Income Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S.
Finance · Investment Managers
About Royce Micro-Cap
RMT stock →Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC.
Finance · Investment Managers
NIE vs RMT FAQ
Which is bigger, Virtus Equity & Convertible Income Fund or Royce Micro-Cap?
Royce Micro-Cap (RMT) is larger, with a market capitalization of $718.31M compared with $702.70M for Virtus Equity & Convertible Income Fund (NIE).
Which stock has performed better over the past year, NIE or RMT?
RMT returned +28.50% over the past 12 months, compared with +0.43% for NIE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NIE or RMT?
RMT has the lower trailing P/E at 1.9, versus 6.1 for NIE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Virtus Equity & Convertible Income Fund or Royce Micro-Cap?
Virtus Equity & Convertible Income Fund has the higher yield at 9.11%, compared with 6.19% for Royce Micro-Cap.
Are Virtus Equity & Convertible Income Fund and Royce Micro-Cap in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.