Virtus Diversified Income & Convertible Fund

Virtus Diversified Income & Convertible Fundverified

ACV

Price:

$22.19

Market Cap:

$230.12M

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 Enterprise Value as of November 2024 (TTM) for Virtus Diversified Income & Convertible Fund (ACV) is 325.90M

According to Virtus Diversified Income & Convertible Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 325.90M. This represents a change of 73.94% compared to the average of 187.36M of the last 4 quarters.

Virtus Diversified Income & Convertible Fund (ACV) Historical Enterprise Value (quarterly & annually)

How has ACV Enterprise Value performed in the past?

The mean historical Enterprise Value of Virtus Diversified Income & Convertible Fund over the last ten years is 528.50M. The current 325.90M Enterprise Value has changed 6.07% with respect to the historical average. Over the past ten years (40 quarters), ACV's Enterprise Value was at its highest in in the June 2010 quarter at 2.38B. The Enterprise Value was at its lowest in in the July 2023 quarter at 64.96M.

Quarterly (TTM)
Annual

Average

528.50M

Median

310.56M

Minimum

285.88M

Maximum

2.34B

Virtus Diversified Income & Convertible Fund (ACV) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Virtus Diversified Income & Convertible Fund Enterprise Value, 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 = 24.70%

Maximum Annual Enterprise Value = 2.34B

Minimum Annual Increase = -87.81%

Minimum Annual Enterprise Value = 285.88M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024297.93M-3.80%
2023309.70M-20.49%
2022389.52M-6.94%
2021418.58M24.70%
2020335.67M17.19%
2019286.43M-6.14%
2018305.16M-2.01%
2017311.43M8.94%
2016285.88M-87.81%

Virtus Diversified Income & Convertible Fund (ACV) Average Enterprise Value

How has ACV Enterprise Value performed in the past?

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

3-year avg

332.38M

5-year avg

350.28M

10-year avg

528.50M

Virtus Diversified Income & Convertible Fund (ACV) Enterprise Value vs. Peers

How is ACV’s Enterprise Value compared to its peers?

Virtus Diversified Income & Convertible Fund’s Enterprise Value is less than Brookfield Business Corporation (0), less than Elysee Development Corp. (9.79B), greater than DWS Municipal Income Trust (7.75M), less than BlackRock MuniVest Fund II, Inc. (591.24M), greater than MFS Special Value Trust (228.26M), greater than RiverNorth Flexible Municipal Income Fund II, Inc. (32.15M), less than MFS Investment Grade Municipal Trust (579.52M), greater than Eaton Vance Tax-Managed Buy-Write Income Fund (110.18M), less than Sprott Focus Trust, Inc. (436.21M), greater than Virtus Convertible & Income 2024 Target Term Fund (239.22M), greater than Eaton Vance Floating-Rate Income Trust (179.18M), less than NXG NextGen Infrastructure Income Fund (530.80M), greater than GAMCO Natural Resources, Gold & Income Trust (178.91M), greater than Blackrock Innovation & Growth Trust (94.76M), less than BlackRock Health Sciences Trust II (1.72B), less than Blackrock Resources & Commodities Strategy Trust (1.58B), less than BlackRock ESG Capital Allocation Trust (772.08M), less than null (1.73B),

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