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 eljoroon Oct 18, 2017 8:53am

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Post# 26825220

RE:RE:Warrants

Yes...a buyout has always been my end goal here. I've been a shareholder for over a year and while I maintain a core position of about 40,000 shares and warrants I have traded another 15-20K shares over that timeframe, which has left me with a small profit in the name. Current holdings are all under water.

I have no complaints other than the lack of news since the CEDAR acquisition is unusual.

Nice to see you here, gruntown.

Best,
El Joro

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