VIRTUS DIVERSIFIED INCOME & CONVERT.
Virtus Diversified Income & Convertible Fund is a publicly traded investment company that invests in a diversified portfolio of income-producing securities and convertible bonds. The fund seeks to generate income and capital appreciation through a combination of high-yield bonds, bank loans, and convertible securities.
The fund's portfolio is managed by Virtus Investment Advisers, a subsidiary of Virtus Investment Partners. Virtus Investment Advisers is an experienced investment manager with a long history of successfully managing diversified portfolios of income-producing securities.
Virtus Diversified Income & Convertible Fund's investment strategy is to invest in a diversified portfolio of income-producing securities, including high-yield bonds, bank loans, and convertible securities. The fund seeks to generate a high level of current income while also providing capital appreciation potential through the use of convertible bonds.
The fund's investment approach is designed to provide investors with a high level of income while also managing risk. The fund's investment team performs extensive research and analysis on each security in the portfolio, evaluating the creditworthiness of the issuer, the stability of the dividend or interest payment, and the potential for capital appreciation.
The fund's investment strategy has been successful, with the fund consistently generating strong returns for its investors. In 2020, the fund generated a total return of 7.98%, outperforming its benchmark index, the ICE BofA Merrill Lynch U.S. High Yield Constrained Index, which returned 6.44%.
Virtus Diversified Income & Convertible Fund's experienced management team and well-designed investment strategy make it an attractive investment option for investors seeking a diversified portfolio of income-producing securities. With a strong track record of performance and a commitment to managing risk, the fund is well-positioned to continue delivering value to its investors in the years ahead.