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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 Jan 12, 2019 9:04pm
82 Views
Post# 29224133

RE:RE:RE:Catalyst

RE:RE:RE:Catalyst Guys, silence is because M&A discussions have been taking place. I've seen this so many times before. Also look at the market depth and trading activity recently... This will go back to $1 in a heart beat IMO. 

7Twiggy wrote: Agree. Company silent. Even BNN has not given them a window. Looks like a lot of us will take a bath on the warrants. Still holding out they will be extended. I am still of the opinion that one of the options would be extending the warrants by a year or two. Would reward the investors that have helped bank roll the company these past years. Don't think there much hope for the company in the short run. Even the long run is a gamble. The company needs all the friends they can get. Hopefully the question of warrant extension will be discussed at the Board meeting before the next quarterly results are released. At least give us a dime on the dollar.


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