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Virtus Diversified Income & Convertible Fund (ACV)

Taxable Bond Funds - Convertible Funds

Data as of Nov. 8, 2024
Current
Market Price $21.98 (+ $0.29)
NAV (Nov. 8, 2024) $23.16 (+ $0.22)
Fund Listed NYSE
Premium / Discount -5.09% (+0.35%)
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 10,374,036
Total Assets (Reported: July 31, 2024) $331M
Estimated Total Assets $350M
Net Assets $240M
Market Cap $228M
Portfolio Turnover 71.00%
Total Leverage 31.32%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.85%
Non Lev Exp Ratio 1.64%
Rel Lev Cost 4.76%
Discount Data
Average Discount (3 Yr) -2.35%
Discount Low(3 Yr) -12.41%
Discount High(3 Yr) 28.03%
Discount Rel Range (3 Yr) 18.09%
Comp Discount -4.38
Discount St Dev (1Yr) 5.08
Z-Stat
Z-Stat (6mo) -0.93
Z-Stat (1Yr) -1.10
Z-Stat (3Yr) -0.53
Comp Z-Stat (6mo) -0.88
Comp Z-Stat (3Yr) -0.87
Distribution Data
Market Yield 9.83%
Income Yield 0.00%
Lev Adj NAV Yield 7.10%
Distribution Frequency M
Current Distribution $0.180
Current Income $0.000
Ex-Date 11/12/24
Payable Date 11/27/24
Div Growth (3yr) 7.78%
Dividend Change 7.8% on 12/17/21
Expected Div 11/20/24
RoC (1yr) 98.61%
RoC (3yr) 30.37%
Tax Dividend Data 2023 2021 - 2023
Income 8.3% 36.3%
ST Gains 0% 0%
QDI 4.5% 9.6%
LT Gains 0% 33.2%
RoC 91.7% 30.6%
Volume & Liquidity
Average Daily $ (K) $680
Avg Volume 30 day 32,666
Avg Volume 90 day 30,931
Volume Trend 5.61%
Comp Volume Trend 8.40%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
56.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
63.0%
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
63.0%
Most Correlated Peer (Mk Pr): NCZ 52.0%
NAV - Price Correlation (30 d) 67.1%
NAV - Price Correlation (90 d) 67.9%
NAV - Price Correlation (1 Yr) 38.4%
Price St Dev (1Yr) 18.4%
NAV St Dev (1Yr) 12.3%
Earnings
Earnings / Share (7/31/24) $0.013
Earn Coverage 7.22%
Earnings Trend Up
UNII / Share (7/31/24) $-1.119
Rel UNII
UNII Trend Down
Bond Specific Data
Maturity 3.74
Duration
Credit Rating (rbo) BB
Investment Grade 12.14%
Non Investment Grade 23.78%
Unrated Bonds 64.09%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.73
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.51
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index
1.06

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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.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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