Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by bobmoonon Dec 09, 2020 11:10pm
334 Views
Post# 32074371

PP closed oversubscribed

PP closed oversubscribed Let the ascent slowly begin here. Pender in for additional $4M, all the heavy restructuring work has been completed. Doubt Pender is here to lose $8M. Working capital has been the biggest issue, but this should solve for that and they've done  great job cutting costs and getting down to 3 core winning brands. Plant based and organics is a big trend, look BYND, VERY, GURU. JTR has killer brands in Go Veggie and Love Child. Let's see where we are in 6 months. New CEO should be next move in the turnaround now that PP done. 
<< Previous
Bullboard Posts
Next >>