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Virtus Diversified Income & Convertible Fund (ACV)

Taxable Bond Funds - Convertible Funds

Data as of Sept. 20, 2023
Current
Market Price $18.93 (- $0.10)
NAV (Sept. 20, 2023) $20.18 (- $0.15)
Fund Listed NYSE
Premium / Discount -6.19% (+0.20%)
Fund Info
Inception May 26, 2015
Sponsor Virtus Investment Advisers
Website https://www.virtus.com...
Phone 1-866-270-7788
NAV Symbol XACVX
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
Capital & Leverage
Outstanding Shares 10,365,167
Total Assets (Reported: Jan. 31, 2023) $332M
Estimated Total Assets $308M
Net Assets $209M
Market Cap $196M
Portfolio Turnover 94.00%
Total Leverage 32.14%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.36%
Non Lev Exp Ratio 1.63%
Rel Lev Cost 3.56%
Discount Data
Average Discount (3 Yr) -4.61%
Discount Low(3 Yr) -13.55%
Discount High(3 Yr) 28.03%
Discount Rel Range (3 Yr) 17.69%
Comp Discount -1.25
Discount St Dev (1Yr) 4.22
Z-Stat
Z-Stat (6mo) 0.11
Z-Stat (1Yr) -0.42
Z-Stat (3Yr) -0.36
Comp Z-Stat (6mo) 0.37
Comp Z-Stat (3Yr) 0.00
Distribution Data
Market Yield 11.41%
Income Yield 0.00%
Lev Adj NAV Yield 8.10%
Distribution Frequency M
Current Distribution $0.180
Current Income $0.000
Ex-Date 10/11/23
Payable Date 11/1/23
Div Growth (3yr) 7.78%
Dividend Change 7.8% on 12/17/21
Expected Div 11/30/23
RoC (1yr) 62.39%
RoC (3yr) 11.62%
Tax Dividend Data 2022 2020 - 2022
Income 28.0% 66.5%
ST Gains 0% 0%
QDI 7.0% 7.8%
LT Gains 72.0% 33.2%
RoC 0% 0.3%
Volume & Liquidity
Average Daily $ (K) $584
Avg Volume 30 day 33,929
Avg Volume 90 day 30,825
Volume Trend 10.07%
Comp Volume Trend 6.16%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
81.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
90.0%
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
93.0%
Most Correlated Peer (Mk Pr): BCV 89.0%
NAV - Price Correlation (30 d) 74.1%
NAV - Price Correlation (90 d) 90.5%
NAV - Price Correlation (1 Yr) 63.2%
Price St Dev (1Yr) 23.7%
NAV St Dev (1Yr) 17.2%
Earnings
Earnings / Share (1/31/23) $0.003
Earn Coverage 1.50%
Earnings Trend Up
UNII / Share (1/31/23) $0.015
Rel UNII
UNII Trend Down
Bond Specific Data
Maturity 4.03
Duration
Credit Rating (rbo) BB
Investment Grade 8.33%
Non Investment Grade 18.16%
Unrated Bonds 73.52%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.83
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.71
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index
1.09

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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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