NYSE:ACV

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

$18.43

+0.19 (+1.04%)

(As of 05/26/2023 08:46 PM ET)

Compare

Today's Range: $18.30
▼
$18.52
50-Day Range: $18.23
▼
$19.80
52-Week Range: $17.43
▼
$24.21

Volume: 36,400 shs
Average Volume: 41,556 shs
Market Capitalization: N/A

P/E Ratio: 11.17
Dividend Yield: 12.70%
Price Target: N/A

About Virtus Diversified Income & Convertible Fund (NYSE:ACV) Stock

Virtus AllianzGI Diversified Income & Convertible Fund is a closed end investment fund, which objective is to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss. The company was founded on May 26, 2015 and is headquartered in New York, NY.

Receive ACV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Virtus Diversified Income & Convertible Fund and its competitors with MarketBeat's FREE daily newsletter.

ACV Stock News Headlines

May 27, 2023 | americanbankingnews.com

Virtus Diversified Income & Convertible Fund (NYSE:ACV) Declares $0.18 Monthly Dividend

April 10, 2023 | americanbankingnews.com

Virtus Diversified Income & Convertible Fund Declares Monthly Dividend of $0.18 (NYSE:ACV)

May 29, 2023 | Stocks To Trade (Ad)

3 Free Stock Picks per Day

Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.

March 31, 2023 | seekingalpha.com

ACV Virtus AllianzGI Diversified Income & Convertible Fund

March 18, 2023 | thestreet.com

Virtus Diversified Income & Convertible Fund of Beneficial Interest

January 27, 2023 | finance.yahoo.com

Certain Virtus Closed-End Funds Name Ethan Turner as Portfolio Manager

December 20, 2022 | finance.yahoo.com

Virtus Diversified Income & Convertible Fund Announces Special Year-End Distribution and Discloses Sources of Distribution - Section 19(a) Notice

September 28, 2022 | finance.yahoo.com

Certain Virtus Closed-End Funds Announce Results of Shareholder Meeting

May 29, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

September 28, 2022 | reuters.com

Virtus Diversified Income & Convertible Fund

September 8, 2022 | finance.yahoo.com

Virtus Diversified Income & Convertible Fund Announces Distributions and Discloses Sources of Distribution - Section 19(a) Notice

July 21, 2022 | finance.yahoo.com

Certain Virtus Closed-End Funds Announce Shareholder Proposal For New Subadvisory Agreements

April 28, 2022 | seekingalpha.com

ACV: A Convertible Securities CEF That Adds To The Mix

March 11, 2022 | seekingalpha.com

Virtus AllianzGI Diversified Income & Convertible Fund declares $0.18 dividend

March 9, 2022 | seekingalpha.com

Virtus AllianzGI Diversified Income & Convertible Fund goes ex-dividend tomorrow

March 8, 2022 | finance.yahoo.com

Virtus AllianzGI Diversified Income & Convertible Fund Declares Distributions and Discloses Sources of Distribution - Section 19(a) Notice

March 7, 2022 | prnewswire.com

Virtus AllianzGI Diversified Income & Convertible Fund Declares Distributions and Discloses Sources of Distribution - Section 19(a) Notice

December 23, 2021 | finance.yahoo.com

Virtus Allianzgi Diversified Incomenvertible (ACV) President and CEO George R Aylward Bought ...

December 17, 2021 | finance.yahoo.com

Virtus AllianzGI Diversified Income & Convertible Fund Institutes Managed Distribution Plan, Increases Monthly Distribution to $0.18/Share

December 17, 2021 | seekingalpha.com

Virtus AllianzGI Diversified Income & Convertible Fund declares $5.7985 dividend

July 18, 2021 | nasdaq.com

Virtus AllianzGI Diversified Income & Convertible Fund Common Shares of Beneficial Interest (ACV)

March 11, 2021 | sg.finance.yahoo.com

AllianzGI Diversified Income & Convertible Fund (ACV)

January 22, 2021 | thestreet.com

AllianzGI Diversified Income & Convertible Fund

December 30, 2020 | finance.yahoo.com

AllianzGI Diversified Income & Convertible Fund Reports Results for the Fiscal Quarter and Nine Months Ended October 31, 2020

December 11, 2020 | finance.yahoo.com

AIO and ACV Declare Special Year-End Distributions

July 15, 2020 | finance.yahoo.com

14 Closed-End Funds That Have Held Their Own in This Wild Year

June 29, 2020 | finance.yahoo.com

AllianzGI Diversified Income & Convertible Fund Reports Results for the Fiscal Quarter Ended April 30, 2020

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive ACV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Virtus Diversified Income & Convertible Fund and its competitors with MarketBeat's FREE daily newsletter.

ACV Company Calendar

Ex-Dividend for 5/1 Dividend: 4/12/2023
Dividend Payable: 5/01/2023
Today: 5/29/2023
Ex-Dividend for 7/3 Dividend: 6/09/2023
Dividend Payable: 7/03/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Asset Management
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:ACV
CUSIP: N/A
CIK: 1368457
Web: us.allianzgi.com
Phone: (800) 254-5197
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 11.17
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: $-36,372,000.00
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

Key Executives

George Robert Aylward
President, Chief Executive Officer & Trustee

William Patrick Bradley
Chief Financial Officer, Treasurer & Executive VP

Nancy J. Engberg
Chief Compliance Officer & Senior Vice President

Richard William Smirl
Executive Vice President

Richard J. Cochran
Assistant Treasurer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ACV Stock - Frequently Asked Questions

How have ACV shares performed in 2023?: Virtus Diversified Income & Convertible Fund's stock was trading at $18.56 on January 1st, 2023. Since then, ACV stock has decreased by 0.7% and is now trading at $18.43.
View the best growth stocks for 2023 here.
Are investors shorting Virtus Diversified Income & Convertible Fund?: Virtus Diversified Income & Convertible Fund saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,400 shares, a decrease of 83.5% from the April 30th total of 8,500 shares. Based on an average trading volume of 39,000 shares, the days-to-cover ratio is currently 0.0 days.
View Virtus Diversified Income & Convertible Fund's Short Interest.
How often does Virtus Diversified Income & Convertible Fund pay dividends? What is the dividend yield for Virtus Diversified Income & Convertible Fund?: Virtus Diversified Income & Convertible Fund declared a monthly dividend on Friday, May 26th. Investors of record on Friday, August 11th will be paid a dividend of $0.18 per share on Friday, September 1st. This represents a $2.16 annualized dividend and a dividend yield of 11.72%. The ex-dividend date of this dividend is Thursday, August 10th.
Read our dividend analysis for ACV.
Is Virtus Diversified Income & Convertible Fund a good dividend stock?: Virtus Diversified Income & Convertible Fund (NYSE:ACV) pays an annual dividend of $2.34 per share and currently has a dividend yield of 0.09%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 141.82%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ACV.

What other stocks do shareholders of Virtus Diversified Income & Convertible Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Diversified Income & Convertible Fund investors own include AT&T (T), Enterprise Products Partners (EPD), Gilead Sciences (GILD), Main Street Capital (MAIN), Dominion Energy (D), Enbridge (ENB), Energy Transfer (ET), Altria Group (MO), Realty Income (O) and ONEOK (OKE).
What is Virtus Diversified Income & Convertible Fund's stock symbol?: Virtus Diversified Income & Convertible Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACV."
Who are Virtus Diversified Income & Convertible Fund's major shareholders?: Virtus Diversified Income & Convertible Fund's stock is owned by many different institutional and retail investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Guggenheim Capital LLC (0.00%), LPL Financial LLC (0.00%), Bank of America Corp DE (0.00%), Raymond James & Associates (0.00%) and Hennion & Walsh Asset Management Inc. (0.00%). Insiders that own company stock include Deborah A Decotis, F Ford Drummond, George R Aylward and R Keith Walton.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Virtus Diversified Income & Convertible Fund's stock price today?: One share of ACV stock can currently be purchased for approximately $18.43.
How can I contact Virtus Diversified Income & Convertible Fund?: Virtus Diversified Income & Convertible Fund's mailing address is 1633 Broadway, NEW YORK, NY 10019-6708, United States. The official website for the company is us.allianzgi.com. The consumer goods maker can be reached via phone at (800) 254-5197.

This page (NYSE:ACV) was last updated on 5/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial