Virtus Diversified Income & Convertible FundNYSE: ACV

BUFFALO, N.Y., Oct. 23, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report third quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Thursday, November 7, 2024.

The Virtus Diversified Income & Convertible Fund offers a high yield of 9.96%, outperforming most peers and providing strong income potential for investors. The fund's recent price performance includes 5.55% capital appreciation, although it lags behind the S&P 500 due to its hybrid nature of stocks and bonds. The fund engages in a substantial amount of trading activity, so it might not always be the most tax-efficient fund.

BUFFALO, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, will showcase how ACV MAX and ClearCar solutions can help them more effectively acquire consumer inventory at the 2024 Digital Dealer Conference and Expo.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on August 29, 2024: Ticker Amount of Distribution Ex-Date Record Date Payable Date ACV $0.18 September 13, 2024 September 13, 2024 September 26, 2024 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.

BUFFALO, N.Y., July 24, 2024 (GLOBE NEWSWIRE) --  ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report second quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, August 7, 2024.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on March 1, 2024: Ticker Amount of Distribution Ex-Date Record Date Payable Date ACV $0.18 June 13, 2024 June 13, 2024 June 27, 2024 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 combi.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced a monthly distribution on March 1, 2024 as follows: Ticker Amount of Distribution Ex-Date Record Date Payable Date ACV $0.18 May 10, 2024 May 13, 2024 May 30, 2024 The Fund aims to maintain a steady distribution level under its Managed Distribution Plan, which may be funded by net investment income, realized capital gains, or a combination of both.

Stock number 6 is Cohen & Steers Closed-End Opportunity Fund, Inc. with a yield of 10.55%. For $20,000, you would receive approximately 1,739 shares and a monthly dividend income of around $175.83. Balanced funds provide the opportunity for capital growth and the security and income benefits of bonds.

Virtus Diversified Income & Convertible Fund offers a 9.83% yield, making it an appealing option for a closed-end fund with a diverse investment strategy. While the fund has not performed as well as the convertible index in the last 3 months, it has outperformed when factoring in distributions. The fund has decreased its investment in convertible securities and increased its allocation to high-yield bonds since the beginning of the year.