Virtus Diversified Income & Convertible Fund

Virtus Diversified Income & Convertible Fundverified

ACV

Price:

$21.05

Market Cap:

$218.30M

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 PE Ratio as of September 2024 (TTM) for Virtus Diversified Income & Convertible Fund (ACV) is 11.76

According to Virtus Diversified Income & Convertible Fund’s latest financial reports and current stock price. The company's current PE Ratio is 11.76. This represents a change of Infinity% compared to the average of 0 of the last 4 quarters.

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

How has ACV PE Ratio performed in the past?

The mean historical PE Ratio of Virtus Diversified Income & Convertible Fund over the last ten years is 27.62. The current 11.76 PE Ratio has changed 4.16% with respect to the historical average. Over the past ten years (40 quarters), ACV's PE Ratio was at its highest in in the March 2011 quarter at 17.68. The PE Ratio was at its lowest in in the July 2015 quarter at -4.35.

Quarterly (TTM)
Annual

Average

27.62

Median

4.72

Minimum

-6.16

Maximum

125.24

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

Discovering the peaks and valleys of Virtus Diversified Income & Convertible Fund PE 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 = 4.69%

Maximum Annual PE Ratio = 125.24

Minimum Annual Increase = -202.31%

Minimum Annual PE Ratio = -6.16

Quarterly (TTM)
Annual
YearPE RatioChange
20242.72-144.18%
2023-6.16-104.93%
2022125.104.69%
20212.61-50.74%
20205.30-95.77%
2019125.242.30%
20185.2223.49%
20174.22-202.31%
2016-4.13-125.66%

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

How has ACV PE Ratio performed in the past?

The current PE Ratio 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

40.55

5-year avg

25.91

10-year avg

27.62

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

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

Virtus Diversified Income & Convertible Fund’s PE Ratio is less than Brookfield Business Corporation (0), greater than Elysee Development Corp. (4.22), greater than DWS Municipal Income Trust (-2.58), less than BlackRock MuniVest Fund II, Inc. (35.77), less than MFS Special Value Trust (1.44K), less than RiverNorth Flexible Municipal Income Fund II, Inc. (21.87), greater than MFS Investment Grade Municipal Trust (0), less than Eaton Vance Tax-Managed Buy-Write Income Fund (28.45), greater than Sprott Focus Trust, Inc. (7.12), less than Virtus Convertible & Income 2024 Target Term Fund (13.97), greater than Eaton Vance Floating-Rate Income Trust (0), greater than NXG NextGen Infrastructure Income Fund (4.12), less than GAMCO Natural Resources, Gold & Income Trust (13.25), greater than Blackrock Innovation & Growth Trust (10.42), greater than BlackRock Health Sciences Trust II (8.29), greater than Blackrock Resources & Commodities Strategy Trust (0), less than BlackRock ESG Capital Allocation Trust (20.15), greater than null (6.52),

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