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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.


NYSE:ACV - Post by User

Comment by mountainposeon Feb 21, 2017 2:09pm
273 Views
Post# 25872949

RE:RE:RE:Warrants

RE:RE:RE:WarrantsI am a thirty year professional trader. Never buy anything at market. It may take many years to happen but one day you will get slaughtered as a piece of terrible news comes out twenty seconds before you hit the button and you didn't see it. Also if liquidity is bad with large spreads it's not too bright to give away 10% for execution. Finally average in over several days. Just forget about the silly six dollar CC. And, it will always take much longer for your good idea to materialize into a good profit. I've waited over five years in several cases. Good luck.
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