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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 GreekRocket36on Feb 05, 2019 3:12pm
111 Views
Post# 29322214

RE:RE:Dilution

RE:RE:DilutionCan someone explain how 1.8m represents 0.60x sales? Organic Meadow was doing only $3m in sales per year?? If so, great move to sell. What a waste of time managing a 3m business when you can grow brands doing 25m+. Just still shocked OM was doing only $3m????
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