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 a 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, 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.

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Virtus Diversified Income & Convertible Fund

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Post by eljoroon Feb 21, 2019 1:10pm

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Post# 29395027

Overall a huge disappointment

While I see there is the potential for eventual improvement, this latest report has changed my view of Greenspace, and Matt. Just terrible, terrible management in too many areas to mention.

I haven't sold today but Greenspace is no longer a company I can recommend, and if I can't recommend it I will eventually sell and move on.

I will admit here that I have been wrong in my assessment of the company thus far.
Best,
El Joro

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