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 ROE as of September 2024 (TTM) for Virtus Diversified Income & Convertible Fund (ACV) is 9.35%

According to Virtus Diversified Income & Convertible Fund’s latest financial reports and current stock price. The company's current ROE is 9.35%. This represents a change of 299.74% compared to the average of 2.34% of the last 4 quarters.

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

How has ACV ROE performed in the past?

The mean historical ROE of Virtus Diversified Income & Convertible Fund over the last ten years is 10.89%. The current 9.35% ROE has changed -14.13% with respect to the historical average. Over the past ten years (40 quarters), ACV's ROE was at its highest in in the July 2016 quarter at 44.01%. The ROE was at its lowest in in the January 2016 quarter at -59.46%.

Quarterly (TTM)
Annual

Average

10.89%

Median

14.85%

Minimum

-21.39%

Maximum

39.52%

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

Discovering the peaks and valleys of Virtus Diversified Income & Convertible Fund ROE, 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 = 2.46%

Maximum Annual ROE = 39.52%

Minimum Annual Increase = -2045.28%

Minimum Annual ROE = -21.39%

Quarterly (TTM)
Annual
YearROEChange
202439.52%-328.09%
2023-17.33%-2045.28%
20220.89%-97.54%
202136.19%88.67%
202019.18%2.46%
20190.75%-95.83%
201817.98%-15.86%
201721.37%-199.92%
2016-21.39%-282.61%

Virtus Diversified Income & Convertible Fund (ACV) Average ROE

How has ACV ROE performed in the past?

The current ROE 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

7.69%

5-year avg

15.69%

10-year avg

10.89%

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

How is ACV’s ROE compared to its peers?

Virtus Diversified Income & Convertible Fund’s ROE is less than Brookfield Business Corporation (0%), less than Elysee Development Corp. (73.79%), greater than DWS Municipal Income Trust (-30.53%), less than BlackRock MuniVest Fund II, Inc. (2.78%), greater than MFS Special Value Trust (0.06%), less than RiverNorth Flexible Municipal Income Fund II, Inc. (4.69%), less than MFS Investment Grade Municipal Trust (8.44%), less than Eaton Vance Tax-Managed Buy-Write Income Fund (3.44%), less than Sprott Focus Trust, Inc. (13.67%), less than Virtus Convertible & Income 2024 Target Term Fund (6.26%), less than Eaton Vance Floating-Rate Income Trust (21.86%), less than NXG NextGen Infrastructure Income Fund (23.69%), less than GAMCO Natural Resources, Gold & Income Trust (7.57%), less than Blackrock Innovation & Growth Trust (8.26%), less than BlackRock Health Sciences Trust II (10.44%), greater than Blackrock Resources & Commodities Strategy Trust (0%), less than BlackRock ESG Capital Allocation Trust (4.30%), less than null (16.66%),

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