Virtus Diversified Income & Convertible Fund (ACV) Stock Price, News & Analysis

Company Overview

Virtus Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities. It employs fundamental analysis along with bottom-up stock picking approach. Virtus Diversified Income & Convertible Fund was formed In May 27, 2015 and is domiciled in United States.

Key Stats

• Today's Range: $21.80 to $22.05
• 50-Day Range: $18.72 to $22.51
• 52-Week Range: $17.00 to $23.39
• Volume: 31,101 shs
• Average Volume: 31,267 shs
• Market Capitalization: N/A
• P/E Ratio: 13.26
• Dividend Yield: 9.87%
• Price Target: N/A
• Consensus Rating: N/A

Virtus Diversified Income & Convertible Fund Stock Analysis - MarketRank™

Virtus Diversified Income & Convertible Fund scored higher than 26% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Virtus Diversified Income & Convertible Fund.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Virtus Diversified Income & Convertible Fund is 13.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Virtus Diversified Income & Convertible Fund is 13.26, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 13.28.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Virtus Diversified Income & Convertible Fund has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Virtus Diversified Income & Convertible Fund has recently increased by 66.67%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Virtus Diversified Income & Convertible Fund has a dividend yield of 0.09%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Virtus Diversified Income & Convertible Fund does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Virtus Diversified Income & Convertible Fund is 130.91%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Virtus Diversified Income & Convertible Fund has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Virtus Diversified Income & Convertible Fund has recently increased by 66.67%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Virtus Diversified Income & Convertible Fund has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Virtus Diversified Income & Convertible Fund this week, compared to 0 articles on an average week.

MarketBeat Follows

2 people have added Virtus Diversified Income & Convertible Fund to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Virtus Diversified Income & Convertible Fund insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,188.00 in company stock and sold $0.00 in company stock.

ACV Stock Analysis - Frequently Asked Questions

How have ACV shares performed this year?

Virtus Diversified Income & Convertible Fund's stock was trading at $21.95 on January 1st, 2025. Since then, ACV shares have decreased by 0.3% and is now trading at $21.8760.
View the best growth stocks for 2025 here.

Who are Virtus Diversified Income & Convertible Fund's major shareholders?

Top institutional shareholders of Virtus Diversified Income & Convertible Fund include LPL Financial LLC, Advisors Asset Management Inc., Royal Bank of Canada and Shaker Financial Services LLC.
View institutional ownership trends.

How do I buy shares of Virtus Diversified Income & Convertible Fund?

Shares of ACV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Virtus Diversified Income & Convertible Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Virtus Diversified Income & Convertible Fund investors own include Medical Properties Trust (MPW), Oxford Lane Capital (OXLC), AGNC Investment (AGNC), Annaly Capital Management (NLY), Oxford Square Capital (OXSQ), Ares Capital (ARCC) and Enterprise Products Partners (EPD).

Company Calendar

• Record date for 4/29 Dividend: 4/11/2025
• Ex-Dividend for 4/29 Dividend: 4/11/2025
• Dividend Payable: 4/29/2025
• Ex-Dividend for 5/29 Dividend: 5/12/2025
• Record date for 5/29 Dividend: 5/13/2025
• Dividend Payable: 5/29/2025
• Today: 6/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Consumer Goods
• Current Symbol: NYSE:ACV
• CIK: 1368457
• Web: us.allianzgi.com
• Phone: (800) 254-5197
• Fax: N/A
• Employees: 4,285
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 13.26
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $48.32 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A