Virtus Diversified Income & Convertible Fund

Virtus Diversified Income & Convertible Fundverified

ACV

Price:

$21.3

Market Cap:

$220.89M

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.[Read more]

Industry

Asset Management - Income

IPO Date

2015-05-21

Stock Exchange

NYSE

Ticker

ACV

The Current Ratio as of September 2024 (TTM) for Virtus Diversified Income & Convertible Fund (ACV) is 2.11

According to Virtus Diversified Income & Convertible Fund’s latest financial reports and current stock price. The company's current Current Ratio is 2.11. This represents a change of 59.74% compared to the average of 1.32 of the last 4 quarters.

Virtus Diversified Income & Convertible Fund (ACV) Historical Current Ratio (quarterly & annually)

How has ACV Current Ratio performed in the past?

The mean historical Current Ratio of Virtus Diversified Income & Convertible Fund over the last ten years is 1.12. The current 2.11 Current Ratio has changed 18.79% with respect to the historical average. Over the past ten years (40 quarters), ACV's Current Ratio was at its highest in in the March 2011 quarter at 3.85. The Current Ratio was at its lowest in in the July 2022 quarter at 0.40.

Quarterly (TTM)
Annual

Average

1.12

Median

0.89

Minimum

0.46

Maximum

2.84

Virtus Diversified Income & Convertible Fund (ACV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Virtus Diversified Income & Convertible Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 238.96%

Maximum Annual Current Ratio = 2.84

Minimum Annual Increase = -83.85%

Minimum Annual Current Ratio = 0.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.11238.96%
20230.62-31.79%
20220.9187.21%
20210.49-55.96%
20201.1113.25%
20190.9812.35%
20180.8710.51%
20170.7971.68%
20160.46-83.85%

Virtus Diversified Income & Convertible Fund (ACV) Average Current Ratio

How has ACV Current Ratio performed in the past?

The current Current Ratio of Virtus Diversified Income & Convertible Fund (ACV) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.21

5-year avg

1.05

10-year avg

1.12

Virtus Diversified Income & Convertible Fund (ACV) Current Ratio vs. Peers

How is ACV’s Current Ratio compared to its peers?

Virtus Diversified Income & Convertible Fund’s Current Ratio is less than Brookfield Business Corporation (0), greater than Elysee Development Corp. (0.63), less than DWS Municipal Income Trust (290.31), less than BlackRock MuniVest Fund II, Inc. (2.16), greater than MFS Special Value Trust (0.27), less than RiverNorth Flexible Municipal Income Fund II, Inc. (5.51), less than MFS Investment Grade Municipal Trust (2.36), less than Eaton Vance Tax-Managed Buy-Write Income Fund (3.11), greater than Sprott Focus Trust, Inc. (0), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Eaton Vance Floating-Rate Income Trust (2.04), greater than NXG NextGen Infrastructure Income Fund (0.17), greater than GAMCO Natural Resources, Gold & Income Trust (0), greater than Blackrock Innovation & Growth Trust (0), greater than BlackRock Health Sciences Trust II (0), greater than Blackrock Resources & Commodities Strategy Trust (0.23), greater than BlackRock ESG Capital Allocation Trust (-0.00), greater than null (0.18),

Build a custom stock screener for Virtus Diversified Income & Convertible Fund (ACV) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Virtus Diversified Income & Convertible Fund using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Virtus Diversified Income & Convertible Fund (ACV) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Virtus Diversified Income & Convertible Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Virtus Diversified Income & Convertible Fund's Current Ratio?

How is the Current Ratio calculated for Virtus Diversified Income & Convertible Fund (ACV)?

What is the highest Current Ratio for Virtus Diversified Income & Convertible Fund (ACV)?

What is the 3-year average Current Ratio for Virtus Diversified Income & Convertible Fund (ACV)?

What is the 5-year average Current Ratio for Virtus Diversified Income & Convertible Fund (ACV)?

How does the current Current Ratio for Virtus Diversified Income & Convertible Fund (ACV) compare to its historical average?