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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 Xtrykr0on Dec 24, 2018 2:48pm
56 Views
Post# 29155174

RE:RE:Best time for JTR to buy

RE:RE:Best time for JTR to buy12.6% annualized to be exact and ramp up over 18%. Looks like this is only a short term contigency thingy. If the lender does buy the shares at thr 0.37, this could also mean we've hit a floor on the share price moving into the new year. High stakes, either boon or bust.
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