AllianzGI Diversified Income & Convertible Fund Announces Revisions to the Fund’s Option Strategy
Virtus Diversified Income & Convertible Fund Common Shares of Beneficial Interest (ACV)
US:NYSE Investor Relations:
us.allianzgi.com/en-us/products-solutions/closed-end-funds/product-press-releases/allianzgi-diversified-income-and-convertible-fund
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Allianz Global Investors U.S. LLC (“AllianzGI U.S.”), the investment manager of AllianzGI Diversified Income & Convertible Fund (the “Fund”) (NYSE:ACV), announced today that the Fund’s Board of Trustees approved revisions to the Fund’s strategy of writing (selling) covered call options on stocks held in its equity portfolio (the “Option Strategy”). The Fund’s objective is to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss. Under normal market conditions, the Fund will seek to achieve its investment objective by investing in a combination of convertible securities, debt and other income-producing instruments and common stocks and other equity securities. The Fund’s current Option Strategy is disclosed as follows: The Fund expects to normally employ a strategy of writ
Show less
Read more
Impact Snapshot
Event Time:
ACV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACV alerts
High impacting Virtus Diversified Income & Convertible Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
ACV
News
- Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) NoticeBusiness Wire
- Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) NoticeBusiness Wire
- Virtus Diversified Income & Convertible Fund Announces Distributions and Discloses Sources of Distribution – Section 19(a) Notice [Yahoo! Finance]Yahoo! Finance
- Virtus Diversified Income & Convertible Fund Announces Distributions and Discloses Sources of Distribution – Section 19(a) NoticeBusiness Wire
- Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) NoticeBusiness Wire
ACV
Sec Filings
- 4/12/24 - Form N-CEN
- 4/5/24 - Form N-CSR
- 3/21/24 - Form NPORT-P
- ACV's page on the SEC website