About the company
Virtus AllianzGI Diversified Income & Convertible Fund (the "Fund") is an esteemed, diversified, closed-end management investment company that offers investors a unique investment opportunity. With a primary objective of providing total return, the Fund strives to strike a harmonious balance between current income generation and capital appreciation, while diligently seeking to provide protection against potential capital loss. One of the key strategies employed by the Fund to achieve its investment objective is investing in a broad range of securities, including convertible securities, debt instruments, income-producing assets, common stocks, and other equity securities. By diversifying its portfolio across different asset classes, the Fund aims to optimize returns while mitigating risk. Convertible securities serve as a fundamental component of the Fund's investment strategy. These hybrid instruments possess both equity and fixed-income characteristics, offering investors the potential for capital appreciation when the underlying stock price rises, coupled with a fixed-income coupon payment. The Fund selectively invests in convertible securities, carefully analyzing the issuer's business fundamentals, financial health, and growth prospects to identify investment opportunities with attractive risk-reward profiles. In addition to convertible securities, the Fund also invests in a wide array of debt instruments and income-producing assets. These may include corporate bonds, government securities, municipal bonds, mortgage-backed securities, and other fixed-income instruments. The objective of these investments is to generate a steady stream of current income for the Fund by collecting interest payments from issuers. The Fund's investment team diligently evaluates the creditworthiness and potential yield of these debt instruments to optimize income generation while considering the associated risks. Moreover, the Fund takes strategic positions in common stocks and other equity securities. This allows the Fund to potentially benefit from capital appreciation and participate in the growth of companies whose stocks are expected to outperform the market or exhibit attractive valuation characteristics. The Fund's experienced portfolio managers conduct rigorous research and analysis to identify companies with sustainable competitive advantages, robust earnings growth potential, and solid management teams. By employing a disciplined approach, the Fund aims to maximize returns while managing the risk inherent in equity investments. The Fund's investment strategy is complemented by its commitment to downside protection, which seeks to shield investors from potential capital loss. The dedicated team of investment professionals actively monitors market conditions, economic indicators, and overall portfolio positioning to make prudent investment decisions. By employing risk management techniques, such as diversification, asset allocation, and hedging strategies, the Fund strives to limit downside risk and preserve capital during unfavorable market conditions. Investors in Virtus AllianzGI Diversified Income & Convertible Fund can access a well-rounded investment vehicle that aims to deliver a combination of current income and capital appreciation. The Fund's comprehensive approach, including investments in convertible securities, debt instruments, income-producing assets, common stocks, and other equity securities, seeks to cater to a wide range of investment preferences and risk tolerances. With a commitment to downside protection, the Fund strives to navigate through various market environments and deliver long-term value for its investors.
Data updated: June 13, 2026
