Virtus Diversified Income & Convertible Fund

ACV

Market cap $255M

HARTFORD, Conn.--(BUSINESS WIRE)--The Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the redemption of all 1,200,000 issued and outstanding Class A Mandatory Redeemable Preferred Shares (the “Class A MRP Shares”) (CUSIP No. 01883J2#34). The Class A MRP Shares will be redeemed at a cash price of $25.00 per share, plus any accrued and unpaid dividends (whether or not declared) up to, but not including, the redemption date. This redemption was made pursuant to the Cla.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on August 27, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 September 12, 2025 September 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combina.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 September 12, 2025 September 29, 2025 ACV $0.18 October 14, 2025 October 30, 2025 ACV $0.18 November 13, 2025 November 26, 2025 The Fund previously announced the following monthly distribution on June 4, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $.

ACV offers a diversified portfolio with a focus on convertible securities, providing both income and growth potential. The fund maintains a balanced allocation: 57.75% convertibles, 22.43% equities, 16.26% high yield bonds, and 3.61% cash. With $243.4M in net assets, ACV's risk profile is moderate, appealing to income-focused investors seeking some equity exposure.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on June 4, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 July 11, 2025 July 30, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on March 6, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 June 12, 2025 June 27, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions: Amount of Distribution Ex-Date/Record Date Payable Date $0.18 July 11, 2025 July 30, 2025 $0.18 August 11, 2025 August 28, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination t.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), Virtus Global Multi-Sector Income Fund (NYSE: VGI), Virtus Stone Harbor Emerging Markets Income.

Virtus Diversified Income & Convertible Fund offers high income and equity exposure, favoring assets resilient to inflation and a weakening U.S. dollar. Convertible bonds and equities dominate the portfolio, providing better protection than traditional bonds, which are increasingly risky amid global debt and currency devaluation. The fund's 9.81% yield is well-covered by income and gains, but its current premium to net asset value makes it expensive compared to historical and peer valuations.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on March 6, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 May 12, 2025 May 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof.