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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Post by eljoroon Oct 16, 2017 1:03pm

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Post# 26817236

Warrants

The good news: 5,500 warrants have traded today, the first such trade in about 5 weeks.

The bad news: People are obviously getting frustrated and impatient with Greenspace, as the asks are starting to pile up, and there's very little bid current bid support for both warrants and common shares.

I'm still holding all my shares and warrants, fwiw.

El Joro

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