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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 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

Comment by NYX2017on Feb 08, 2018 9:49am
61 Views
Post# 27525726

RE:Not sure about anyone else...

RE:Not sure about anyone else...El Joro, from all the stocks I hold, this is the one that I will defintely NOT sell anytime soon - I'm in for the long term, as I see lots of potential and I think they are making all the right moves. I think a buyout is a possibility too. 

eljoro wrote: ....but the upcoming 2 quarterly releases are critical for me as an investor. We should see how CEDAR has been integrated in next week's numbers and we should see how the Galaxy acquisition is doing in the following quarterly release. 

I'm starting to lose a bit of patience, frankly and if I don't see the kind of margin and earnings improvement I'm looking for I will beging selling off my position. Have been here for almost 18 months and the return on investment has not been all that great, frankly.

Best,
El Joro


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