Virtus Diversified Income & Convertible Fund (NYSE:ACV) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Posted by Defense World Staff on Jan 6th, 2026

Virtus Diversified Income & Convertible Fund (NYSE:ACV – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $24.22 and traded as high as $26.80. Virtus Diversified Income & Convertible Fund shares last traded at $26.71, with a volume of 29,977 shares traded.

Virtus Diversified Income & Convertible Fund Trading Up 1.6%

The company’s fifty day simple moving average is $25.84 and its two-hundred day simple moving average is $24.22.

Virtus Diversified Income & Convertible Fund Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be given a $0.384 dividend. The ex-dividend date is Monday, December 29th. Virtus Diversified Income & Convertible Fund’s dividend payout ratio is currently 141.82%.

Institutional Investors Weigh In On Virtus Diversified Income & Convertible Fund

Several hedge funds have recently modified their holdings of the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Virtus Diversified Income & Convertible Fund during the second quarter valued at approximately $27,000. Farther Finance Advisors LLC acquired a new stake in shares of Virtus Diversified Income & Convertible Fund during the third quarter worth $48,000. American National Bank & Trust acquired a new stake in shares of Virtus Diversified Income & Convertible Fund during the second quarter worth $48,000. Cornerstone Advisors LLC purchased a new stake in shares of Virtus Diversified Income & Convertible Fund in the third quarter valued at $178,000. Finally, Invesco Ltd. acquired a new position in Virtus Diversified Income & Convertible Fund in the first quarter valued at $205,000.

About Virtus Diversified Income & Convertible Fund

(Get Free Report)

Virtus Diversified Income & Convertible Fund (NYSE:ACV) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund maintains a diversified portfolio of convertible securities, corporate bonds, dividend-paying common stocks and preferred securities. By blending credit and equity-linked instruments, ACV aims to generate attractive yield while participating in potential upside as issuers’ share prices appreciate.

The fund is managed by Virtus Investment Partners and employs a bottom-up, research-driven process to identify opportunities across sectors and geographies.