Virtus Diversified Income & Convertible Fund V.ACV.P

Primary Symbol: ACV

Virtus Diversified Income & Convertible Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a total return through a combination of current income, current gains, and long-term capital appreciation. The Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of convertible securities, income-producing equity securities, income-producing debt, and other instruments of varying maturities, of which at least 50% of total managed assets are invested in convertibles. The Fund has the latitude to write covered call options on the stocks held in the equity portion. The Fund's investment advisor is Virtus Investment Advisers, Inc.

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Virtus Diversified Income & Convertible Fund

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Comment by TheRock07on Oct 12, 2016 6:54pm

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Post# 25337213

RE:Canaccord

Thank you for that report.

The acquisition of the remaining 30 % of central Roast should add about $4 million to annual sales.

Had that been in place in Q1/17, sales would have been over $10 million.

So, perhaps $50 millin is doable in F2017 from current assets..

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