Virtus Diversified Income & Convertible Fund (NYSE:ACV – Get Free Report) declared a monthly dividend on Wednesday, June 3rd. Investors of record on Thursday, August 13th will be paid a dividend of 0.18 per share by the consumer goods maker on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Thursday, August 13th.
Virtus Diversified Income & Convertible Fund Stock Performance
Shares of Virtus Diversified Income & Convertible Fund stock opened at $28.09 on Thursday. Virtus Diversified Income & Convertible Fund has a twelve month low of $21.74 and a twelve month high of $29.04. The company’s 50 day moving average is $26.26 and its 200 day moving average is $26.47.
About Virtus Diversified Income & Convertible Fund
Virtus Diversified Income & Convertible Fund (NYSE:ACV) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund maintains a diversified portfolio of convertible securities, corporate bonds, dividend-paying common stocks and preferred securities. By blending credit and equity-linked instruments, ACV aims to generate attractive yield while participating in potential upside as issuers’ share prices appreciate.
The fund is managed by Virtus Investment Partners and employs a bottom-up, research-driven process to identify opportunities across sectors and geographies.
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