VIRT.ALLIANZGI DIV.IN.+C. Aktie

The Virtus Diversified Income & Convertible Fund invests in convertible securities, providing income-focused investors with potential upside of equity investments. The fund appears to be one of the better convertible CEFs offered by Virtus as it has managed to outperform the S&P 500 and the Convertible Stock Indices. The fund pays a high distribution yield of 9.50% and has a consistent distribution history, making it attractive for income-focused investors. However, its share price is currently at a high premium. » Mehr auf seekingalpha.com

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 that 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. » Mehr auf seekingalpha.com

Virtus Diversified Income & Convertible Fund is a hybrid fund that invests across asset classes, though it tilts towards convertibles with a tech-tilt. The fund's leverage and being a closed-end fund can often make this fund quite volatile, which can lead to opportunities that can show up quickly but can disappear as quickly. The fund's distribution rate is quite tempting, but I would still remain cautious given that it is elevated while capital gains are needed to fund it. » Mehr auf seekingalpha.com