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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

Virtus Diversified Income & Convertible Fund > PP closed oversubscribed
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Comment by pystockeron Dec 10, 2020 2:37pm
274 Views
Post# 32078385

RE:PP closed oversubscribed

RE:PP closed oversubscribed  I don't know about Pender Fund.. when this is set and done they'll have some 40% of outstanding shares. Greenspace lost three brands in one year frame. This will give them some life, but growth is not on horizon. Still good place to lose money!
Hope Pender saw something we didn't
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