ACV - Virtus Diversified Income & Convertible Fund

What this means for you

No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.

Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.

Email me if this changes

What happened, and when

1. March 11, 2026

   The fund said how much it plans to pay out.

   Original document →

2. Oct 16, 2025

   The fund stopped reporting to the regulator (closed down).

   Original document →

3. Oct 1, 2025

   The fund said it will repay some borrowed money.

   Original document →

About this fund

• Run by Virtus Investment Advisers, LLC. Part of the Virtus fund family. As of Jan 31, 2026, from the fund's yearly report. Original document →
• Size: about $286 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 27% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1.4% a year in management fees; 3.6% a year in total, including interest on borrowed money. Fiscal year ended Jan 31, 2026. As of Jan 31, 2026, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Jan 31, 2026) the fund paid $2.99 a share. $0.89 of that was income; $2.10 came from gains. As of Jan 31, 2026, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Jan 31, 2026): $25.91. The shares traded at $27.89, about 7.6% above that. As of Jan 31, 2026, from the fund's yearly report. Original document →
• How the holdings did: up 8.3% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +46.5%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Jan 31, 2026): the value of the holdings returned +19.8%. How the share price did: the shares returned +2.9% over the same year, counting payouts and the change in the market price. As of Jan 31, 2026, from the fund's annual report. Original document →
• First reported to the regulator in 2015.

What the fund holds

Mostly bonds (69%), the rest shares, preferred shares and cash and short-term holdings. About 93% issued in the U.S.

The fund also sells options on its holdings to raise income.

1. Western Digital, Wdc 3 11/15/28 - 4.6%
2. Cash and short-term - 4.6%
3. Lumentum Holdings, Lite 0.375 03/15/32 - 3.3%
4. Nvidia - 2.6%
5. Alphabet class A shares - 2.3%
6. Wells Fargo & Company 7.5% Non-Cumulative Perpetual Convertible Class A Preferred Stock class A shares - 2.2%
7. Welltower Op LLC, Well 3.125 07/15/29 - 2.2%
8. Apple - 2.1%
9. Nextera Energy Capital Holdings, Nee 3 03/01/27 - 2%
10. Boeing Company 6% Ser A Dep Shs Repstg 1/20TH Int Mandatory Conv preferred shares - 2%

As of April 30, 2026, from the fund's quarterly holdings report. Original document →