Virtus Diversified Income & Convertible Fund (ACV) To Go Ex-Dividend on September 14th

Virtus Diversified Income & Convertible Fund (NYSE:ACV) declared a monthly dividend on Wednesday, September 2nd. Shareholders of record on Monday, September 14th will be given a dividend of 0.18 per share by the consumer goods maker on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Monday, September 14th.

Virtus Diversified Income & Convertible Fund Trading Up 0.8%

Shares of ACV opened at $26.27 on Friday. The company’s fifty day moving average is $27.19 and its two-hundred day moving average is $26.80. Virtus Diversified Income & Convertible Fund has a fifty-two week low of $23.12 and a fifty-two week high of $29.04.

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.