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ACV - ACV: A Convertible Securities CEF That Adds To The Mix
AllianzGI Diversified Income & Convertible Fund of Beneficial Interest
The Virtus AllianzGI Diversified Income & Convertible Fund strays beyond convertibles to assets that seem to question the fund's name.
In researching another convertible CEF, ACV popped out as the only other convertible fund to outperform SPY over the last five years. That reason is found in the asset mix.
For investors looking for more than a pure convertible CEF and are okay with a large Tech exposure, I would give ACV a Buy rating.