Group 1 - Virtus Equity & Convertible Income Fund (NIE) is highlighted as a unique closed-end fund that offers instant exposure to high-quality companies while providing investment income opportunities [1] - The investment strategy combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1] Group 2 - The article emphasizes the importance of a hybrid investment approach that balances growth and income to optimize returns [1]