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

Bullboard Posts

Comment by GreekRocket36on Jan 24, 2019 5:02pm

45 Views

Post# 29278115

RE:RE:RE:RE:RE:RE:loan agreement

I think you need to read between the lines. The hiring of the new director with significant CPG experience and M&A to me shows they’re thinking of options. That’s a way more useful and strategic board member if the eventual takeout is from a CPG company than the pender fund lady.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload