Virtus Diversified Inc & Conv Fund:ACV

    Manage Alerts

    Overview

    As of 8/12/2022

     Share
    Price    		NAVPremium/
    Discount
    Current$24.03$23.711.35%
    52 Wk Avg$28.33$29.03-2.55%
    52 Wk High$37.59$38.6528.03%
    52 Wk Low$18.47$20.24-8.64%
    Regular Distribution Type†Income Only
    Distribution Rate9.30%
    Distribution Amount$0.1800
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment objective is to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss. The Fund has a blended capital structure combining long-term fixed rates and short-term variable rates which enable the Fund to seek to enhance the returns and yields on its investments.

    Capital Structure

    As of 8/12/2022

    Total Investment Exposure:$350.706M
    Total Common Assets:$245.706M
    Common Shares Outstanding:10,362,954
    Leverage

    As of 8/12/2022

    Preferred Share Assets: $30.000M
    Total Debt (USD): $75.000M
    Regulatory Leverage (USD): $105.000M
    Effective Leverage (USD): $105.000M
    Effective Leverage (%): 29.94%
    Annual Expense Ratios

    As of 1/31/2022

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.55%
    Fund Management

    Fund Sponsor
    Virtus Investment Partners Inc

    Portfolio Managers
    Douglas G. Forsyth, Justin M. Kass, William (Brit) L. Stickney, Michael E. Yee

    Basics
    Category: Hybrid-U.S. Allocation
    Ticker: ACV
    NAV Ticker: XACVX
    Average Daily Volume (shares): 38,398
    Average Daily Volume (USD): $1.068M
    Inception Date: 5/26/2015
    Inception Share Price: $25.00
    Inception NAV: $23.88
    Tender Offer: No
    Term: Yes
    Fiscal Year End: January 31
    Third Party Links & Reports

    Distributions

    As of 8/12/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 1/31/2022    		 -$0.0981
    Annualized Distribution Rate on NAV:
    As of 8/12/2022    		9.26%
    Total Return on NAV (12 months):
    As of 8/12/2022    		-19.93%
    Avg. Portfolio Coupon:
    As of 8/12/2022    		 2.33%
    Total % Portfolio Effectively Leveraged:
    As of 8/12/2022     		29.94%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 8/12/2022

    PeriodAvg Discount
    6 Month-4.50%
    1 Year-2.55%
    3 Year-4.31%
    5 Year-3.11%
    Z-Score

    As of 8/12/2022

    PeriodZStat
    3 Month2.31
    6 Month2.24
    1 Year0.78
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 7/31/2022
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-27.10%-22.06%-11.68%-8.62%
    202124.44%11.29%25.66%17.24%
    202045.85%53.60%0.91%6.36%
    201944.28%33.29%29.77%22.10%
    2018-6.90%-3.70%-8.36%-4.98%
    201727.99%17.77%21.52%14.50%
    201615.77%12.86%17.59%13.14%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 7/31/2022
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 8/12/2022    		2.33%
    Number of Holdings:
    As of 6/30/2022    		343
    Annual Portfolio Turnover:
    As of 1/31/2022    		108.00%
    Average Bond Price:
    As of 6/30/2022    		$93.93
    Asset Allocation

    As of 6/30/2022

    Top Sectors

    As of 6/30/2022

    Sector%Portfolio
    Corporate (Super Sector)105.54%
    Convertible77.35%
    Corporate Bond20.54%
    Sensitive (Super Sector)15.72%
    Defensive (Super Sector)10.60%
    Cyclical (Super Sector)10.30%
    Technology9.74%
    Preferred Stock7.49%
    Healthcare5.42%
    Consumer Cyclical4.90%
    Top Holdings

    As of 6/30/2022

    HoldingValue% Portfolio
    Microsoft Corp$5.05M2.35%
    Apple Inc$4.62M2.15%
    Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A$4.11M1.91%
    Alphabet Inc Class A$4.06M1.89%
    Cloudflare Inc$3.98M1.85%
    Live Nation Entertainment, Inc. 2%$3.84M1.78%
    Apollo Commercial Real Estate Finance, Inc. 4.75%$3.74M1.74%
    Jazz Investments I LTD 2%$3.71M1.72%
    DexCom Inc 0.25%$3.59M1.67%
    Palo Alto Networks Inc 0.375%$3.48M1.62%
    Credit Quality

    As of 6/30/2022

    Maturity Breakdown

    As of 6/30/2022

    Country Allocation

    As of 6/30/2022

    Country% Portfolio
    United States - Equity36.76%
    United States - Fixed Income19.51%
    Canada - Fixed Income0.60%
    United Kingdom - Fixed Income0.28%
    Netherlands - Fixed Income0.15%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X

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