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.

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Virtus Diversified Income & Convertible Fund

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Comment by eljoroon Oct 19, 2018 9:05pm

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Post# 28839332

RE:30% move at these levels not impossible

I emailed with Matt this week. As always he was quick to respond. Is basically as disappointed with the share price as we are. Feels the market doesn't see the value of the brands. Raising awareness and getting those shi!ty margins up are priorities.

As of now have had no discussion to extend the warrants. Sadly, I think they die a quiet and forlorn death.

El Joro

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