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

Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18 per share, payable on February 1, 2023. Shareholders should note that this distribution could partly involve a return of capital if the fund's net investment income and realized capital gains fall short. The distribution is composed of various components, with 72.8% sourced from net realized long-term capital gains, and 27.2% as return of capital. The fund's current annualized distribution rate stands at 10.87%, but its fiscal year-to-date cumulative total return on NAV has decreased by -19.66%.

The Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a special year-end distribution of $0.196 per share, effective January 10, 2023. The distribution is supplementary to the regular monthly payments and fulfills federal tax obligations. Key dates include an ex-date of December 29, 2022, and a record date of December 30, 2022. Sources of the distribution include net realized long-term capital gains. The fund reported a 10.93% average annual total return over five years, but a -14.93% cumulative total return year-to-date.

On December 19, 2022, the Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18, with the ex-dividend date set for December 9, 2022, record date on December 12, 2022, and payment on January 3, 2023. The Fund's Managed Distribution Plan aims to maintain consistent distributions, funded by net investment income and realized capital gains. However, distributions exceeding net income may reduce shareholder capital. The Fund reported a 5-year average annual total return of 10.93% but a year-to-date total return of -14.93%.

Virtus Diversified Income & Convertible Fund (ACV) announced monthly distributions of $0.18 for January, February, and March 2023. The Fund aims to maintain a consistent distribution level under its Managed Distribution Plan, which may involve returning capital to shareholders if net income and capital gains are insufficient. As of October 31, 2022, the average annual total return on NAV for the last five years was 10.58%, while cumulative total return for the fiscal year to date was -17.51%. The Fund primarily invests in convertibles and income-producing securities.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18 payable on December 1, 2022. The Ex-Date is November 10, 2022 and the Record Date is November 14, 2022. The fund aims to maintain consistent distributions using net investment income and realized capital gains. However, if these are insufficient, the shortfall will be covered by the fund’s assets, potentially returning capital to shareholders. As of October 31, 2022, the fund's average annual total return on NAV over five years stands at 10.58%.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18 on October 12, 2022. The record date is October 13, 2022, with a payable date set for November 1, 2022. Under its Managed Distribution Plan, the fund aims for consistent payouts, which may include returns of capital if net income and capital gains are insufficient. For October 2022, total distributions are sourced from net realized long-term capital gains and no net investment income. The fund's fiscal year-to-date cumulative total return on NAV is -22.51%.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced monthly distributions of $0.18 per share for several upcoming dates, including October 12, November 10, and December 9, 2022. The distributions adhere to a Managed Distribution Plan, which aims to maintain consistent distribution levels that may be paid from net investment income and realized capital gains. Shareholders should be aware that distributions may include return of capital if net investment income and capital gains are insufficient. As of August 31, 2022, the fund's five-year annual return on NAV was 12.29%.

On August 18, 2022, Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18 per share, with an ex-date on August 10, record date on August 11, and payable date on September 1. The fund follows a Managed Distribution Plan to maintain consistent levels, potentially funded by net investment income and realized capital gains. However, if these are insufficient, distributions may constitute a return of capital. Current fiscal year-to-date, the fund reports a total distribution of $1.26 and a cumulative total return on NAV of -13.07%.

On July 15, 2022, the Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18 per share, with the ex-date being July 8, 2022, record date on July 11, 2022, and payable date set for August 1, 2022. The Fund aims for consistent distribution levels under its Managed Distribution Plan, potentially using net investment income and realized capital gains. Notably, if the income and gains fall short, the difference will be taken from the Fund's assets, affecting shareholder capital. The current fiscal year-to-date cumulative total return on net asset value is reported at -20.92%.