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Virtus Diversified Income & Convertible Fund (ACV)

Taxable Bond Funds - Convertible Funds

Data as of April 22, 2024
Market Price $22.19 (+ $0.27)
NAV (April 22, 2024) $20.65 (+ $0.18)
Fund Listed NYSE
Premium / Discount 7.46% (+0.37%)
Fund Info
Inception May 26, 2015
Sponsor Virtus Investment Advisers
Website https://www.virtus.com...
Phone 1-866-270-7788
Location New York
Incorporated Massachusetts
Staggered Board No
Term Date May 22, 2030
Objective: Provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss.
Related Indexes
15 Major CEF Sectors Index
Convertible Bond Index
Premium CEF/BDC Index
Capital & Leverage
Outstanding Shares 10,370,564
Total Assets (Reported: Jan. 31, 2024) $328M
Estimated Total Assets $318M
Net Assets $214M
Market Cap $230M
Portfolio Turnover 119.00%
Total Leverage 32.69%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.95%
Non Lev Exp Ratio 1.67%
Rel Lev Cost 4.59%
Discount Data
Average Discount (3 Yr) -2.73%
Discount Low(3 Yr) -12.41%
Discount High(3 Yr) 28.03%
Discount Rel Range (3 Yr) 49.13%
Comp Discount 9.23
Discount St Dev (1Yr) 5.96
Z-Stat (6mo) 0.91
Z-Stat (1Yr) 1.59
Z-Stat (3Yr) 2.04
Comp Z-Stat (6mo) 0.36
Comp Z-Stat (3Yr) 1.76
Distribution Data
Market Yield 9.73%
Income Yield 0.00%
Lev Adj NAV Yield 7.88%
Distribution Frequency M
Current Distribution $0.180
Current Income $0.000
Ex-Date 5/10/24
Payable Date 5/30/24
Div Growth (3yr) 7.78%
Dividend Change 7.8% on 12/17/21
Expected Div 5/22/24
RoC (1yr) 94.45%
RoC (3yr) 21.83%
Tax Dividend Data 2023 2021 - 2023
Income 8.3% 36.3%
ST Gains 0% 0%
QDI 4.5% 9.6%
LT Gains 0% 33.2%
RoC 91.7% 30.6%
Volume & Liquidity
Average Daily $ (K) $720
Avg Volume 30 day 23,786
Avg Volume 90 day 32,452
Volume Trend -26.70%
Comp Volume Trend -28.32%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
Most Correlated Peer (Mk Pr): AVK 84.0%
NAV - Price Correlation (30 d) 93.5%
NAV - Price Correlation (90 d) 77.2%
NAV - Price Correlation (1 Yr) 76.2%
Price St Dev (1Yr) 19.5%
NAV St Dev (1Yr) 13.0%
Earnings / Share (1/31/24) $-0.003
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (1/31/24) $-0.117
UNII Trend Down
Bond Specific Data
Maturity 3.67
Credit Rating (rbo) BB
Investment Grade 13.37%
Non Investment Grade 23.85%
Unrated Bonds 62.77%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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