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 > writing on the walls

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Comment by locoochoon Nov 21, 2019 7:40am

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Post# 30377286

RE:RE:writing on the walls

I am not short and was a supporter of the story but i wont buy in the teens I will wait to buy sub .10 where i think this has a good chance of heading considering the venture market as well as the grocery business.

I think the fact they could not sell life choices says a lot and that the big fish would rather price JTR out then buy them out.

Why all institutions have bailed on this one and brought it down where it is.

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