Virtus Diversified Income & Convertible Fund (ACV) Stock

About Virtus Diversified Income & Convertible Fund

Virtus Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities. It employs fundamental analysis along with bottom-up stock picking approach. Virtus Diversified Income & Convertible Fund was formed In May 27, 2015 and is domiciled in United States.

Virtus Diversified Income & Convertible Fund is headquartered in US.

Virtus Diversified Income & Convertible Fund (ACV) stock trades at $27.79 with a market capitalization of $288.91M. The stock is valued at a price-to-earnings (P/E) ratio of 5.40, price-to-book of 1.07, price-to-sales of 6.35. Over the past 52 weeks the stock has ranged between $22.27 and $29.04, and currently trades 4.3% below its 52-week high.

On profitability, Virtus Diversified Income & Convertible Fund generates a return on equity (ROE) of 20.80% — well above the market average, a sign of a high-quality business, return on capital employed of 15.51%, an operating margin of 127.69%, a net profit margin of 117.54%.

Official website: www.virtus.com