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Virtus Diversified Income & Convertible Fund (ACV)

NYSE Financial Services Asset Management
$27.65 ▲ +1.02%
Market Cap
$287.5M
Sector
Financial Services
Industry
Asset Management
Beta
1.36
52-Wk Range
22.27-29.042
CEO
George Robert Aylward
Country
US
Currency
USD

Virtus Diversified Income & Convertible Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Atlanta, GA, US. The stock last traded at $27.65, up 1.02% on the session, giving a market capitalisation of $287.5M. On trailing twelve-month figures it carries a trailing P/E of 5.37, a net margin of 117.5%. Its beta of 1.36 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
5.37
Price / Sales
6.32
Price / Book
1.07
EV / EBITDA
7.21
Gross margin
91.9%
Operating margin
117.5%
Net margin
117.5%
Return on equity
Debt / equity
0.39
Current ratio
1.99
Dividend yield
9.2%
Payout ratio
48.6%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
2015-05-21
Headquarters
Atlanta, GA, US
About Virtus Diversified Income & Convertible Fund

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.

Comparable companies

Virtus Diversified Income & Convertible Fund is most often compared with the following Financial Services names:

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