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.

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Virtus Diversified Income & Convertible Fund > bad financials. management lack business skills and

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Comment by eljoroon Jul 30, 2019 11:29am

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Post# 29974932

RE:RE:RE:RE:bad financials. management lack business skills and

Oh, I won't deny that there is a potential return here from current levels. And I should be completely up fron that I still hold a small amount in my RSP as a hedge against missing out on a potential sale but the majority were in my trading account and I can use the tax loss this year.

I'm really just tired of Matt. He's been saying a lot of the same things he said today for years and I simply don't believe him anymore and see more value in other names.

Best to all,
El Joro

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