Virtus Diversified Income & Convertible Fund Announces Monthly Distributions, Payable on October 2, 2023, November 1, 2023 and December 1, 2023
August 01, 2023 at 01:35 am IST
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Virtus Diversified Income & Convertible Fund announced the monthly distributions of $0.18 per share for each month. Ex-Date is September 8, 2023, October 11, 2023 and November 10, 2023.
Record Date is September 11, 2023, October 12, 2023 and November 13, 2023. Payable Date is October 2, 2023, November 1, 2023 and December 1, 2023, respectively.
Virtus Diversified Income & Convertible Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of convertible securities, income-producing equity securities and income-producing debt and other instruments of varying maturities, of which at least 50% of total managed assets are invested in convertibles. The Fund has the latitude to write covered call options on the stocks held in the equity portion. The Fund's investment advisor is Virtus Investment Advisers, Inc., and its investment subadvisor is Voya Investment Management Co. LLC.
VIRTUS DIVERSIFIED INCOME & CONVERTIBLE FUND 