Virtus Diversified Income And Convertible Fundvertible Fund Stock Price, News & Analysis

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has declared monthly distributions of $0.18 per share for July and August 2025, payable on July 30 and August 28, respectively. The Fund operates under a Managed Distribution Plan, with current distributions primarily coming from return of capital (71.4% YTD). The Fund's 5-year average annual total return on NAV is 10.98%, with an annualized current distribution rate of 9.88%. The fiscal YTD performance shows a -2.91% cumulative total return on NAV, with a cumulative distribution rate of 3.29%. Recent distribution sources reveal that 71.4% comes from return of capital, while net realized gains and investment income constitute 28.6% of distributions.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced its monthly distribution of $0.18 per share, payable on May 29, 2025. The distribution analysis reveals that 100% of the May distribution represents a return of capital. For the fiscal year-to-date, the distribution sources are: 71.4% return of capital, 18.9% net realized long-term capital gains, 8% net realized short-term capital gains, and 1.7% net investment income. The Fund's performance metrics show an average annual total return on NAV of 11.95% for the 5-year period, with a current annualized distribution rate of 10.38%. However, the fiscal YTD shows a negative cumulative total return of -8.38% and a cumulative distribution rate of 2.59%.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced its April 2025 monthly distribution of $0.18 per share, payable on April 29, 2025. The distribution analysis reveals:

• 61.1% comes from Return of Capital
• 29.9% from Net Realized Long-Term Capital Gains
• 9% from Net Realized Short-Term Capital Gains
• 0% from Net Investment Income

Key performance metrics as of March 31, 2025:

• 5-year Average Annual Total Return on NAV: 14.90%
• Current Annualized Distribution Rate: 10.35%
• Fiscal YTD Cumulative Total Return: -8.99%
• Fiscal YTD Cumulative Distribution Rate: 1.73%

Investors should note that the Fund's distributions may include return of capital, which occurs when distributed amounts exceed income and capital gains. This should not be confused with yield or investment performance.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has disclosed important information regarding its monthly distribution under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination thereof.

The fund has indicated that it has distributed more than its income and capital gains, meaning a portion of the distribution may constitute a return of capital to shareholders. This occurs when investors receive back part of their original investment and should not be interpreted as yield or income.

The fund emphasizes that distribution estimates are provided for informational purposes only, not for tax reporting. Actual distribution amounts and sources for tax purposes will be determined based on the fund's fiscal year investment performance and may be subject to changes based on tax regulations. Shareholders will receive Form 1099-DIV for official tax reporting purposes.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced its monthly distribution plan details. The Fund operates under a Managed Distribution Plan that aims to maintain consistent distribution levels, which can be funded through net investment income, realized capital gains, or a combination of both.

The Fund has disclosed that it has distributed more than its income and capital gains, indicating that a portion of the distribution may represent a return of capital to shareholders. This return of capital should not be interpreted as a measure of the Fund's investment performance or confused with 'yield' or 'income'.

The Fund has already announced its February 2025 distribution. All performance metrics are based on the Fund's net asset value (NAV) rather than market price. The exact distribution amounts and sources for tax purposes will be determined based on the Fund's fiscal year investment performance and tax regulations.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has released important information regarding its monthly distribution under its Managed Distribution Plan. The Fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination thereof.

The Fund disclosed that it has distributed more than its income and capital gains, indicating that a portion of the distribution may constitute a return of capital to shareholders. This means some of the money investors put into the Fund is being paid back to them. The Fund emphasizes that distribution amounts and sources are estimates, and final tax reporting details will be provided via Form 1099-DIV.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced its monthly distribution of $0.18 per share, payable on January 30, 2025. The Fund operates under a Managed Distribution Plan, aiming to maintain consistent distribution levels. For January 2025, 100% of the distribution ($0.180) comes from Net Realized Short-Term Capital Gains.

The Fund's fiscal year-to-date distribution shows that 25% comes from Net Realized Short-Term Capital Gains and 75% from Return of Capital. Key performance metrics include an 11.34% Average Annual Total Return on NAV for the 5-year period, a 9.60% Annualized Current Distribution Rate, and an 18.10% Fiscal YTD Cumulative Total Return on NAV.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced its monthly distribution of $0.18 per share, payable on December 30, 2024. The Fund's distribution analysis reveals that 100% of the December distribution comes from net realized short-term capital gains. For the fiscal year-to-date, 18.2% comes from short-term gains while 81.8% represents return of capital.

The Fund's performance metrics show a 13.20% average annual total return on NAV for the 5-year period, with a 24.50% fiscal YTD cumulative total return. The current annualized distribution rate stands at 9.04%, with a fiscal YTD cumulative distribution rate of 7.53%.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced monthly distributions of $0.18 per share for December 2024 through March 2025. The Fund's distribution analysis reveals that 100% of the current monthly distribution comes from Net Realized Short-Term Capital Gains, while the fiscal year-to-date distributions comprise 10% from Short-Term Capital Gains and 90% from Return of Capital. The Fund's performance metrics show an average annual total return on NAV of 11.95% for the 5-year period, with a current annualized distribution rate of 9.85%. The fiscal YTD cumulative total return on NAV stands at 13.36%, with a cumulative distribution rate of 7.39%.