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
According to Virtus Diversified Income & Convertible Fund’s latest financial reports and current stock price. The company's current ROE is 13.24%. This represents a change of 198.59% compared to the average of 4.43% of the last 4 quarters.
The mean historical ROE of Virtus Diversified Income & Convertible Fund over the last ten years is 7.80%. The current 13.24% ROE has changed 69.82% 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%.
Average
7.80%
Median
10.16%
Minimum
-21.39%
Maximum
36.19%
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 = 36.19%
Minimum Annual Increase = -2045.28%
Minimum Annual ROE = -21.39%
Year | ROE | Change |
---|---|---|
2024 | 8.61% | -149.67% |
2023 | -17.33% | -2045.28% |
2022 | 0.89% | -97.54% |
2021 | 36.19% | 88.67% |
2020 | 19.18% | 2.46% |
2019 | 0.75% | -95.83% |
2018 | 17.98% | -15.86% |
2017 | 21.37% | -199.92% |
2016 | -21.39% | -282.61% |
The current ROE of Virtus Diversified Income & Convertible Fund (ACV) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-2.61%
5-year avg
9.51%
10-year avg
7.80%
Virtus Diversified Income & Convertible Fund’s ROE is less than Brookfield Business Corporation (0%), greater than Elysee Development Corp. (-5.29%), greater than DWS Municipal Income Trust (-30.53%), less than BlackRock MuniVest Fund II, Inc. (3.59%), greater than MFS Special Value Trust (-1.05%), greater than RiverNorth Flexible Municipal Income Fund II, Inc. (-3.90%), less than MFS Investment Grade Municipal Trust (8.44%), less than Eaton Vance Tax-Managed Buy-Write Income Fund (2.17%), 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 (19.51%), less than GAMCO Natural Resources, Gold & Income Trust (7.57%), less than Blackrock Innovation & Growth Trust (6.79%), 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%),
Company | ROE | Market cap |
---|---|---|
0% | $1.94B | |
-5.29% | $5.95M | |
-30.53% | $386.24M | |
3.59% | $228.22M | |
-1.05% | $32.15M | |
-3.90% | $340.34M | |
8.44% | $66.38M | |
2.17% | $436.21M | |
13.67% | $239.33M | |
6.26% | $167.75M | |
21.86% | $349.26M | |
19.51% | $131.55M | |
7.57% | $95.44M | |
6.79% | $1.72B | |
10.44% | $1.58B | |
0% | $767.43M | |
4.30% | $1.74B | |
16.66% | $0 |
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