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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 4:25pm
51 Views
Post# 29155420

RE:RE:RE:RE:Best time for JTR to buy

RE:RE:RE:RE:Best time for JTR to buyThe share issuance is at 0.37 which is higher than the current market price, and would be dilutive if the sp was significant higher than where it is at right now. The way i see it, the share issuance shouldnt have much dilution effects at these levels. The up to 640k shares would only account for 0.8% of total shares outstanding. The more i read into this, the higher stock at above the current sp is a win and washes the effects of the higher interest rate. The gamblers have moved in on this one. I bet you they brough Cherrie in to sell a brand and/do a merger/partnership with a conglomerate south of the border. This is a neutral news release, uneventful, but if you read between the lines, Matt is doing an all or nothing move on the expansion down south.
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