CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Virtus AllianzGI Diversified Income & Convertible Fund (ACV)

Taxable Bond Funds - Convertible Funds

Data as of April 13, 2021
Market Price $33.55 (+ $0.38)
NAV (April 13, 2021) $36.11 (+ $0.34)
Premium / Discount -7.09% (+0.18%)
Fund Info
Inception May 26, 2015
Sponsor Virtus Investment Advisers
Website https://www.virtus.com...
Phone 1-800-254-5197
Location New York
Incorporated Massachusetts
Staggered Board No
Objective: Provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss.
Related Indexes
12 Major CEF Sectors Index
Convertible Bond Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 10,353,920
Total Assets (Reported: Jan. 31, 2021) $478M
Estimated Total Assets $479M
Net Assets $374M
Market Cap $347M
Portfolio Turnover 80.00%
Total Leverage 21.89%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.84%
Non Lev Exp Ratio 1.57%
Rel Lev Cost 4.41%
Discount Data
Average Discount (3 Yr) -2.93%
Discount Low(3 Yr) -28.57%
Discount High(3 Yr) 6.49%
Discount Rel Range 61.26%
Comp Discount -1.64
Discount St Dev (1Yr) 2.06
Z-Stat (6mo) 0.48
Z-Stat (1Yr) 0.57
Z-Stat (3Yr) -0.84
Comp Z-Stat (6mo) -1.02
Comp Z-Stat (3Yr) -0.88
Distribution Data
Market Yield 5.97%
Income Yield 5.97%
Lev Adj NAV Yield 4.55%
Distribution Frequency M
Current Distribution $0.167
Current Income $0.167
Ex-Date 4/9/21
Payable Date 5/3/21
Div Growth (3yr) 0.00%
Dividend Change % on
Expected Div 5/3/21
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2020 2018 - 2020
Income 99.2% 99.7%
ST Gains 0% 0%
QDI 9.9% 11.9%
LT Gains 0% 0%
RoC 0.8% 0.3%
Volume & Liquidity
Average Daily $ (M) $1,839
Avg Volume 30 day 63,063
Avg Volume 90 day 54,802
Volume Trend 15.07%
Comp Volume Trend 35.74%
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): CHY 92.0%
NAV - Price Correlation (30 d) 96.6%
NAV - Price Correlation (90 d) 95.8%
NAV - Price Correlation (1 Yr) 99.0%
Price St Dev (1Yr) 24.8%
NAV St Dev (1Yr) 22.2%
Earnings / Share (1/31/21) $-0.004
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (1/31/21) $3.516
Rel UNII 175.46
UNII Trend Up
Bond Specific Data
Maturity 4.58
Credit Rating (rbo) BB
Investment Grade 5.44%
Non Investment Grade 25.65%
Unrated Bonds 68.91%
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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