Virtus Diversified Income & Convertible Fund (ACV)

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The chart shows the growth of an initial investment of $10,000 in Virtus Diversified Income & Convertible Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Virtus Diversified Income & Convertible Fund (ACV) has returned -5.69% so far this year and 34.98% over the past 12 months. Looking at the last ten years, ACV has achieved an annualized return of 15.40%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since May 22, 2015, ACV's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, your investment would double in approximately 5.0 years.

Historically, 59% of months were positive and 41% were negative. The best month was Jan 2023 with a return of +22.9%, while the worst month was Sep 2022 at -17.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ACV closed higher 54% of trading days. The best single day was Mar 19, 2020 with a return of +15.0%, while the worst single day was Mar 18, 2020 at -23.1%.

Virtus Diversified Income & Convertible Fund has an annualized alpha of 2.87%, beta of 0.95, and R² of 0.45 versus S&P 500 Index. Calculated based on daily prices since May 26, 2015.

• This fund captured 133.76% of S&P 500 Index gains and 129.40% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• R² of 0.45 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

ACV has a high expense ratio of 2.69%, indicating above-average management fees.

ACV ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Virtus Diversified Income & Convertible Fund (ACV) and compare them to a chosen benchmark (S&P 500 Index).

Virtus Diversified Income & Convertible Fund provided a 10.47% dividend yield over the last twelve months, with an annual payout of $2.54 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Virtus Diversified Income & Convertible Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Virtus Diversified Income & Convertible Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Virtus Diversified Income & Convertible Fund was 53.64%, occurring on Mar 18, 2020. Recovery took 96 trading sessions.

The current Virtus Diversified Income & Convertible Fund drawdown is 12.80%.

The chart below shows the rolling one-month volatility.