newsfilter
← Latest News
Business Wire·

Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice

ACVVRTS
  • Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18 per share.
  • The ex-date & record date for the distribution is May 11, 2026, with the payable date set for May 28, 2026.
  • The Fund's Managed Distribution Plan seeks consistent payouts from net investment income, realized capital gains, or a combination, with any shortfall constituting a return of capital.
  • Distribution estimates for May 2026 indicate the full $0.18 amount will be sourced from net realized short-term capital gains (100%), with $0.00 from net investment income.
  • Fiscal year-to-date estimates show $0.72 per share distributed, entirely derived from net realized short-term capital gains.
  • As of April 30, 2026, the Fund reported a 5-year average annual total return on NAV of 8.10% & an annualized current distribution rate of 7.86%.
  • The Fund's fiscal year began February 1, 2026, with YTD cumulative total return on NAV at 8.27% & YTD cumulative distribution rate at 1.96%.
  • Virtus Diversified Income & Convertible Fund is a closed-end fund with a limited term set to terminate on May 22, 2030, unless extended by the Board of Trustees.
  • The Fund invests at least 50% of assets in convertibles & may write covered call options on equity holdings.
  • Distribution amounts & sources are estimates only & not for tax reporting; actual tax data will be provided on Form 1099-DIV.
  • Investment risks include potential loss of principal & the possibility that closed-end fund shares trade at a premium or discount to NAV.