ACV: This Fund Is Now Covering Its Distributions And Is Worthy Of Consideration [Seeking Alpha]
Virtus Diversified Income & Convertible Fund Common Shares of Beneficial Interest (ACV)
US:NYSE Investor Relations:
us.allianzgi.com/en-us/products-solutions/closed-end-funds/product-press-releases/allianzgi-diversified-income-and-convertible-fund
Company Research
Source: Seeking Alpha
Power Hedge Investing Group Leader Follow Summary The Virtus Diversified Income & Convertible Fund offers a high yield of 9.96%, outperforming most peers and providing strong income potential for investors. The fund's recent price performance includes 5.55% capital appreciation, although it lags behind the S&P 500 due to its hybrid nature of stocks and bonds. The fund engages in a substantial amount of trading activity, so it might not always be the most tax-efficient fund. Despite past distribution coverage issues, the fund fully covered its payouts in the first half of 2024, showing financial improvement. With a 3.04% discount on net asset value and reasonable expense ratios, the fund is a compelling option for income-focused investors. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » Yuji Sakai The Virtus Diversified Income & Convertible Fund NYSE: ACV ) is
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High impacting Virtus Diversified Income & Convertible Fund Common Shares of Beneficial Interest news events
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ACV
News
- Virtus Diversified Income & Convertible Fund Announces Distributions and Discloses Sources of Distributions - Section 19(a) Notice [Yahoo! Finance]Yahoo! Finance
- Virtus Diversified Income & Convertible Fund Announces Distributions and Discloses Sources of Distributions - Section 19(a) NoticeBusiness Wire
- Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) NoticeBusiness Wire
ACV
Sec Filings
- 12/23/24 - Form NPORT-P
- 10/4/24 - Form N-CSRS
- 9/26/24 - Form NPORT-P
- ACV's page on the SEC website