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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>COREWEAVE INC</name>
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        <name>ANALOG DEVICES INC</name>
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        <name>MP MATERIALS CORP</name>
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        <name>APPLIED MATERIALS INC</name>
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            <dbtSecRefInstrument>
              <name>Dave Inc</name>
              <title>Dave Inc</title>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>CENTRUS ENERGY CORP</name>
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        <name>IONIS PHARMACEUTICALS INC</name>
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        <name>AMPHENOL CORP</name>
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        <name>WESTERN DIGITAL CORP</name>
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        <name>LIBERTY ENERGY INC</name>
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        <name>ORACLE CORP</name>
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        <name>IMAX CORP</name>
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        <name>ARRAY TECHNOLOGIES INC</name>
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        <name>SEAGATE HDD CAYMAN</name>
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        <isRestrictedSec>N</isRestrictedSec>
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              <title>Seagate Technology Holdings PLC</title>
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        <name>CIPHER DIGITAL INC</name>
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              <title>Cipher Digital Inc</title>
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        <name>MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC</name>
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              <title>MACOM Technology Solutions Holdings Inc</title>
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        <name>WISDOMTREE INC</name>
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              <title>WisdomTree Inc</title>
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        <name>MICROSOFT CORP</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
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          <ticker value="MSFT"/>
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        <name>GILEAD SCIENCES INC</name>
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        <name>JAZZ INVESTMENTS I LTD</name>
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        <name>COSTCO WHOLESALE CORP</name>
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        <name>BRIDGEBIO PHARMA INC</name>
        <lei>54930028YG89VTY2J114</lei>
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          <delta>XXXX</delta>
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      </invstOrSec>
      <invstOrSec>
        <name>LIVE NATION ENTERTAINMENT INC</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>LYV 2.875 10/15/31</title>
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          <isin value="US538034BD03"/>
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        <balance>1030000.00000000</balance>
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            <dbtSecRefInstrument>
              <name>Live Nation Entertainment Inc</name>
              <title>Live Nation Entertainment Inc</title>
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                <cusip value="538034109"/>
                <isin value="US5380341090"/>
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          <currencyInfos>
            <currencyInfo convRatio="4.44590000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>BLACKROCK LIQUIDITY FUNDS</name>
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          <isin value="US09248U7000"/>
          <ticker value="TFDXX"/>
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      <invstOrSec>
        <name>INTUIT INC</name>
        <lei>VI90HBPH7XSFMB9E4M29</lei>
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        <cusip>461202103</cusip>
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          <isin value="US4612021034"/>
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        <balance>3345.00000000</balance>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ELI LILLY &amp; COMPANY</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
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          <isin value="US5324571083"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AKAMAI TECHNOLOGIES INC</name>
        <lei>OC1LZNN2LF5WTJ5RIL89</lei>
        <title>AKAM 0.375 09/01/27</title>
        <cusip>00971TAL5</cusip>
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          <isin value="US00971TAL52"/>
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        <balance>4985000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5520887.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Akamai Technologies Inc</name>
              <title>Akamai Technologies Inc</title>
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                <cusip value="00971T101"/>
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            <currencyInfo convRatio="8.60730000" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JOHNSON &amp; JOHNSON</name>
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        <title>JOHNSON &amp; JOHNSON COM</title>
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          <isin value="US4781601046"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SHIFT4 PAYMENTS INC</name>
        <lei>N/A</lei>
        <title>FOUR 0.5 08/01/27</title>
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          <isin value="US82452JAD19"/>
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        <balance>2570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2421618.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
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            <dbtSecRefInstrument>
              <name>Shift4 Payments Inc</name>
              <title>Shift4 Payments Inc</title>
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            <currencyInfo convRatio="8.15240000" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EXXON MOBIL CORP</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>EXXON MOBIL CORP COM</title>
        <cusip>30231G102</cusip>
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          <isin value="US30231G1022"/>
          <ticker value="XOM"/>
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        <balance>38810.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5989547.30000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLOBAL PAYMENTS INC</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>GPN 1.5 03/01/31</title>
        <cusip>37940XAU6</cusip>
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          <isin value="US37940XAU63"/>
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        <balance>1910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1714225.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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              <name>Global Payments Inc</name>
              <title>Global Payments Inc</title>
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            <currencyInfo convRatio="6.37100000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>UBER TECHNOLOGIES INC</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>UBER 0.875 12/01/28 2028</title>
        <cusip>90353TAM2</cusip>
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        <balance>1405000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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              <name>Uber Technologies Inc</name>
              <title>Uber Technologies Inc</title>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>GUARDANT HEALTH INC</name>
        <lei>254900M8C3E5VC8BR186</lei>
        <title>GH 0 05/15/33</title>
        <cusip>40131MAE9</cusip>
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        <balance>1910000.00000000</balance>
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            <dbtSecRefInstrument>
              <name>Guardant Health Inc</name>
              <title>Guardant Health Inc</title>
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        <name>ADVANCED MICRO DEVICES INC</name>
        <lei>R2I72C950HOYXII45366</lei>
        <title>ADVANCED MICRO DEVICES INC COM</title>
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          <isin value="US0079031078"/>
          <ticker value="AMD"/>
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        <name>IONIS PHARMACEUTICALS INC</name>
        <lei>549300SI4ZGLG0BLUZ92</lei>
        <title>IONS 1.75 06/15/28</title>
        <cusip>462222AF7</cusip>
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        <balance>1045000.00000000</balance>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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              <name>Ionis Pharmaceuticals Inc</name>
              <title>Ionis Pharmaceuticals Inc</title>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>CATERPILLAR INC</name>
        <lei>WRJR7GS4GTRECRRTVX92</lei>
        <title>CATERPILLAR INC COM</title>
        <cusip>149123101</cusip>
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          <isin value="US1491231015"/>
          <ticker value="CAT"/>
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        <balance>12715.00000000</balance>
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        <valUSD>11317748.65000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>ZSCALER INC</name>
        <lei>529900MZ0RTK1BWRNF46</lei>
        <title>ZS 0 07/15/28</title>
        <cusip>98980GAC6</cusip>
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        <balance>1595000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1446665.00000000</valUSD>
        <pctVal>0.179036356569</pctVal>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
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            <dbtSecRefInstrument>
              <name>Zscaler Inc</name>
              <title>Zscaler Inc</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="98980G102"/>
                <isin value="US98980G1022"/>
                <ticker value="ZS"/>
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          <currencyInfos>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>CLOUDFLARE INC</name>
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        <name>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
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        <name>CARNIVAL CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>JP MORGAN CHASE &amp; COMPANY</name>
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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>ORMAT TECHNOLOGIES INC</name>
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              <title>Ormat Technologies Inc</title>
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        <name>GALAXY DIGITAL INC</name>
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        <name>PNC FINANCIAL SERVICES GROUP INC (THE)</name>
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        <name>WASTE MANAGEMENT INC</name>
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        <name>COINBASE GLOBAL INC</name>
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        <name>CADENCE DESIGN SYSTEMS INC</name>
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        <name>IREN LTD</name>
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        <name>BWX TECHNOLOGIES INC</name>
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              <title>BWX Technologies Inc</title>
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        <isRestrictedSec>N</isRestrictedSec>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>VSE CORP</name>
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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>ROCKWELL AUTOMATION INC</name>
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        <name>COCA-COLA COMPANY (THE)</name>
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        <name>AST SPACEMOBILE INC</name>
        <lei>254900MBSC9P2UCI6623</lei>
        <title>ASTS 2 01/15/36</title>
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        <name>APPLE INC</name>
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        <name>THE OPTIONS CLEARING CORPORATION</name>
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        <name>SOFI TECHNOLOGIES INC</name>
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        <name>ENVISTA HOLDINGS CORP</name>
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        <name>ON SEMICONDUCTOR CORP</name>
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        <name>NEBIUS GROUP NV</name>
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        <name>GE AEROSPACE</name>
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        <name>CHARLES SCHWAB CORP (THE)</name>
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        <name>INSULET CORP</name>
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        <name>INTUITIVE MACHINES INC</name>
        <lei>254900386IE2PEPLVM59</lei>
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              <title>Intuitive Machines Inc</title>
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      <invstOrSec>
        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP COM</title>
        <cusip>68389X105</cusip>
        <identifiers>
          <isin value="US68389X1054"/>
          <ticker value="ORCL"/>
        </identifiers>
        <balance>16820.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2714579.80000000</valUSD>
        <pctVal>0.335950947185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-06-26</ncom:dateSigned>
      <ncom:nameOfApplicant>Virtus AllianzGI Equity &amp; Convertible Income Fund</ncom:nameOfApplicant>
      <ncom:signature>Amy Hackett</ncom:signature>
      <ncom:signerName>Amy Hackett</ncom:signerName>
      <ncom:title>Vice President and Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
