Virtus Diversified Income & Convertible Fund·Financial Services

Exceeds All Financial Guidance Metrics ACV as of January 31, 2026, $602.4M, up 17% Year-Over-Year Fiscal 2026 ACV Net Retention Rate of 112% Announces $100M Accelerated Share Repurchase Program

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on March 4, 2026: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 March 16, 2026 March 30, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination there.

BUFFALO, N.Y.--(BUSINESS WIRE)--ACV (NYSE: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, today announced the launch of ACV MAX RecommendationsTM, a new AI-powered feature within the ACV MAX suite designed to deliver profit-focused guidance on every new and used vehicle. Built on ACV's industry-leading data and powered by insight-driven AI, ACV MAX Recommendations provides real-time, VIN-specific pricing and inventory guidance fo.

Virtus Diversified Income and Convertible Fund (NYSE: ACV - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $25.76 and traded as high as $26.20. Virtus Diversified Income and Convertible Fund shares last traded at $25.8360, with a volume of 26,261

ACV Auctions CEO George Chamoun used the company's February 23, 2026 earnings call to make a pointed claim: ACV is not at risk from AI disruption in wholesale auto — it is the disruptor.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 March 16, 2026 March 30, 2026 ACV $0.18 April 13, 2026 April 29, 2026 ACV $0.18 May 11, 2026 May 28, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment in.
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.
Financial Services
Asset Management - Income
2015-05-21
1.39
Market Peers