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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 May 16, 2018 9:37am
74 Views
Post# 28038114

RE:NEWS: Distribution growth

RE:NEWS: Distribution growthThis is GREAT news! As I said, they are doing everything right, right moves, moving forward and growing not only throug acquisitions but organically as well!


  • A total of 31,031 new facings for 68 products across five brands.
  • Love Child has added 2,276 new stores, including 820 in Quebec alone, for up to 29 of its products in several major Canadian grocery chains, pharmacies and natural food stores. This includes the launch of 16 Love Child SKUs in both Jean Coutu and Metro Quebec, four new snacking SKUs in the two largest baby food retailers in Canada, and the launch of Love Child into Food Basics, one of its first entries into a discount banner in Canada.
  • Central Roast has added distribution in one of the largest grocery companies in Canada with its new 'Flavour' line of internationally inspired products, as well as a broad-based listing for its granola line in London Drugs.
  • Kiju iced teas have been placed into both Walmart and Shoppers Drug Mart for the summer.
  • Rolling Meadow has seen widespread natural food and independent distribution wins, mostly in Ontario
  • Cedar has seen distribution wins across the Natural Food channel, where they had little previous exposure, as well as continued distribution wins within the Produce section of one of the largest grocery chains in Canada.

"Increased distribution across all our brands will help us continue to drive rapid organic growth as we fill the gaps and make our products available to a greater number of Canadian consumers. Our sales team have been enjoying great tailwinds as they place our products into more and more stores, and as our brands continue to evolve we are reinforcing our reputation for building some of the most innovative brands in the Natural Food world." says Matthew von Teichman, CEO of GreenSpace Brands. "Love Child in particular continues to evolve into one of the most dominant Organic food brands in Canada, representing the majority of the growth in the entire baby food category."

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