NYSE:ACV

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

$22.76
+0.15 (+0.66%)
(As of 10:54 AM ET)
Today's Range
$22.61
$23.14
50-Day Range
$21.89
$24.42
52-Week Range
$16.82
$24.50
Volume
8,472 shs
Average Volume
33,615 shs
Market Capitalization
N/A
P/E Ratio
13.79
Dividend Yield
9.49%
Price Target
N/A
ACV stock logo

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

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.

ACV Stock Price History

ACV Stock News Headlines

He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
ACV: Finally Starting To Look Attractive
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
10 Best Closed-End Funds for 2023
ACV - Virtus Diversified Income & Convertible Fund
Virtus Diversified Income & Convertible Fund
See More Headlines
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.

Company Calendar

Ex-Dividend for 4/29 Dividend
4/10/2024
Today
4/24/2024
Dividend Payable
4/29/2024
Ex-Dividend for 5/30 Dividend
5/10/2024
Dividend Payable
5/30/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$86.11 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

ACV Stock Analysis - Frequently Asked Questions

How have ACV shares performed in 2024?

Virtus Diversified Income & Convertible Fund's stock was trading at $20.98 at the start of the year. Since then, ACV stock has increased by 8.5% and is now trading at $22.76.
View the best growth stocks for 2024 here
.

Are investors shorting Virtus Diversified Income & Convertible Fund?

Virtus Diversified Income & Convertible Fund saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 35,400 shares, a decline of 12.6% from the March 15th total of 40,500 shares. Based on an average trading volume of 35,200 shares, the short-interest ratio is presently 1.0 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 announced a monthly dividend on Wednesday, March 6th. Investors of record on Thursday, June 13th will be paid a dividend of $0.18 per share on Thursday, June 27th. This represents a $2.16 annualized dividend and a dividend yield of 9.49%. The ex-dividend date is Thursday, June 13th.
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 $2.16 per share and currently has a dividend yield of 0.09%. The dividend payout ratio is 130.91%. 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).

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

Virtus Diversified Income & Convertible Fund's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.00%). Insiders that own company stock include Deborah A Decotis, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ACV) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners