ACV: Trades At A Premium For Good Reason But Too Expensive (Rating Downgrade)
Source: SeekingAlpha
2026-01-23 04:14:13 ET
Overview
When I previously covered the Virtus Diversified Income & Convertible Fund ( ACV ), I issued a buy rating due to the strong earnings and attractive valuation at the time. Since then, ACV's total return sits around 27% and significantly outpaced the S&P 500 over the same time frame. Since my last coverage, the fund has released an updated semi-annual report, which prompted me to revisit the fund's performance and financials. Unfortunately, ACV's valuation is no longer attractive for accumulation here....
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ACV: Trades At A Premium For Good Reason But Too Expensive (Rating Downgrade)
AllianzGI Diversified Income & Convertible Fund of Beneficial Interest
NASDAQ: ACV
ACV Trading
-2.18% G/L:
$26.055 Last:
16,264 Volume:
$25.94 Open:
ACV Latest News
December 19, 2025 04:15:00 pm
Virtus Diversified Income & Convertible Fund Announces Special Year-End Distribution and Discloses Sources of Distribution - Section 19(a) Notice
October 03, 2025 09:00:00 am
Virtus Diversified Income & Convertible Fund Announces Redemption of Class A Mandatory Redeemable Preferred Shares
ACV Stock Data
$289,333,676
10,362,000
0.1%
53
N/A
Asset Management Services
Finance
US
New York
