AllianzGI Diversified Income & Convertible Fund [ACV] Stock Forecast

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

The Virtus Diversified Income & Convertible Fund has provided attractive returns this year after taking a hit along with the rest of the market last year. The fund's discount remains attractive and has widened after starting the year off at a premium. ACV's distribution rate is high and definitely tempting; however, the fund will require significant capital gains to fund it unless NII continues to head in the right direction.

ACV: Hybrid Convertible Fund At A Discount.

5 Best CEFs To Buy This Month (April 2023).

ICVT: Low-Cost Convertible Bond Exposure Outperforms Active CEFs

ACV has a significantly large asset base, offers monthly payouts and has been generating a strong yield since the time this fund has been in operation. ACV's portfolio reflects its preference for less-volatile asset categories, but at the same time focuses on industry segments having high growth potentials.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market. For these reasons, they are not suited for everyone.

AllianzGI Diversified Income & Convertible Fund is a US stock , located in New york of Ny and trading under the symbol ACV

AllianzGI Diversified Income & Convertible Fund stock price is $18.0267 today.

Yes, AllianzGI Diversified Income & Convertible Fund is a publicly traded company.