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 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 and 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., and its investment subadvisor is Voya Investment Management Co. LLC.

NYSE:ACV - Post by User

Virtus Diversified Income & Convertible Fund

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Comment by MuskokaJoe68on May 21, 2017 2:17pm

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Post# 26269047

RE:RE:RE:RE:Management has failed last 2 Quarters

Show me the EBITDA/share growth this year, it's not there. They can grow revenues all they want but if they are growing by acquistion and continuing to issue more shares at the same time not growing EBITDA and the same rate as the equity dilution the stock gets more expensive you would have to quadruple EBITDA for it to make sense at this price.

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