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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 Jameskempon Feb 08, 2020 12:01pm
133 Views
Post# 30662301

RE:RE:RE:RE:JTR gets extension of conditional approval of P.Equity Offer

RE:RE:RE:RE:JTR gets extension of conditional approval of P.Equity OfferI would not be so sure of the financials. They needed money fast for inventory and did not get it as they can't close this pp I think shortfall again and bad financials might be coming. Why they can't close this or raise at .10
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