ACV
Price:
$26.25
Market Cap:
$272.39M
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.
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 20.57%. This represents a change of 176.25% compared to the average of 7.45% of the last 4 quarters.
The mean historical ROE of Virtus Diversified Income & Convertible Fund over the last ten years is 8.48%. The current 20.57% ROE has changed 142.43% 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
8.48%
Median
13.29%
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 = 5.29%
Maximum Annual ROE = 36.19%
Minimum Annual Increase = -282.61%
Minimum Annual ROE = -21.39%
| Year | ROE | Change |
|---|---|---|
| 2025 | 19.81% | 130.13% |
| 2024 | 8.61% | -149.67% |
| 2023 | -17.33% | 5.29% |
| 2022 | -0.32% | -100.89% |
| 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 less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.70%
5-year avg
9.39%
10-year avg
8.48%
Virtus Diversified Income & Convertible Fund’s ROE is less than Nuveen Core Equity Alpha Fund (14.27%), less than Allspring Multi-Sector Income Fund (7.41%), greater than Cohen & Steers Real Estate Opportunities Income Fund (0%), less than Special Opportunities Fund, Inc. (12.87%), less than Nuveen Global High Income Fund (11.94%), less than Templeton Emerging Markets Fund (13.38%), less than Templeton Emerging Markets Income Fund (18.61%), less than Cohen & Steers Select Preferred and Income Fund, Inc. (9.49%), less than RiverNorth Opportunities Fund, Inc. (9.78%), less than Northern Funds Income Equity Fund (18.38%),
| Company | ROE | Market cap |
|---|---|---|
| 14.27% | $270.85M | |
| 7.41% | $264.83M | |
| 0% | $251.50M | |
| 12.87% | $162.75M | |
| 11.94% | $290.54M | |
| 13.38% | $256.36M | |
| 18.61% | $312.65M | |
| 9.49% | $245.13M | |
| 9.78% | $256.04M | |
| 18.38% | $263.48M |
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