ACV
Virtus Diversified Income & Convertible FundACV
ACV
About: Virtus AllianzGI Diversified Income & Convertible Fund is a diversified, limited-term, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation while seeking to provide downside protection against capital loss. It invests in a diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities, of which a majority of the managed assets are invested in convertibles.
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
5% more capital invested
Capital invested by funds: $43.4M [Q3] → $45.5M (+$2.08M) [Q4]
0% more funds holding
Funds holding: 31 [Q3] → 31 (+0) [Q4]
0.03% less ownership
Funds ownership: 20.03% [Q3] → 20.0% (-0.03%) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Research analyst outlook
We haven’t received any recent analyst ratings for ACV.
Financial journalist opinion
Neutral
Business Wire
4 days ago
Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on March 6, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 April 11, 2025 April 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination there.
Neutral
Business Wire
1 month ago
Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 March 13, 2025 March 28, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination t.
Negative
Seeking Alpha
1 month ago
ACV: Near-Term Risks Should Not Be Ignored
The Virtus Diversified Income & Convertible Fund offers high current income and equity upside, outperforming traditional bonds in inflation-adjusted returns. Despite recent market volatility, the fund's distributions helped mitigate losses, outperforming the S&P 500 Index but underperforming the convertible bond index. The fund's assets change fairly frequently, and it has a very high turnover.
Neutral
Business Wire
1 month ago
Virtus Diversified Income & Convertible Fund Announces Distributions
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions: Amount of Distribution Ex-Date/Record Date Payable Date $0.18 April 11, 2025 April 29, 2025 $0.18 May 12, 2025 May 29, 2025 $0.18 June 12, 2025 June 27, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized cap.
Neutral
Business Wire
2 months ago
Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 February 13, 2025 February 27, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combina.
Neutral
Business Wire
3 months ago
Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 January 13, 2025 January 30, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combinati.
Neutral
Business Wire
4 months ago
Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 December 12, 2024 December 30, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combina.
Positive
Seeking Alpha
5 months ago
ACV: Steady Monthly Distribution From A Hybrid Portfolio
Virtus Diversified Income & Convertible Fund offers a hybrid portfolio with a focus on convertibles but also incorporating equities, and high-yield bonds. The fund's 9.65% distribution yield will need to be supported by capital gains in the underlying portfolio, but NII has been growing. The continuing narrow discount means it still isn't a bargain but could still be worth considering in smaller accumulations or for the watch list.
Neutral
Business Wire
5 months ago
Virtus Diversified Income & Convertible Fund Announces Distributions and Discloses Sources of Distributions - Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions: Amount of Distribution Ex-Date/Record Date Payable Date $0.18 December 12, 2024 December 30, 2024 $0.18 January 13, 2025 January 30, 2025 $0.18 February 13, 2025 February 27, 2025 $0.18 March 13, 2025 March 28, 2025 The Fund previously announced the following monthly distribution on August 29, 2024: Amount of Distribution Ex-Date Record Date Payable.
Neutral
Business Wire
6 months ago
Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on August 29, 2024: Ticker Amount of Distribution Ex-Date Record Date Payable Date ACV $0.18 October 11, 2024 October 11, 2024 October 30, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains,.
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