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

Virtus Diversified Income & Convertible Fund

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Comment by NYX2017on Jan 22, 2019 11:34am

70 Views

Post# 29264667

RE:100 million

I agree 100%. I just bought more today. Really a no brainer.

locoocho wrote: This company will do 100 million a year in sales this year with
all its new point of sales success..

being very well adopted in the USA..

i have gone and bought a major percentage of the float recently on this one something I never

do..

but a company with 100 million in sales and a 25 million market cap and
small float is almost unheard of..

usa market is a goldmine and the re rate on this one is coming.