Virtus Diversified Income & Convertible Fund (ACV)
ACV 8-K filings in 2016
Every material Form 8-K Virtus Diversified Income & Convertible Fund filed with the SEC in 2016, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
The Fund announced on April 21, 2016 that its common share repurchase plan, which ran for a defined period after its initial public offering, has concluded. The Fund has decided not to continue the plan or start another repurchase plan at this time, so it will no longer buy back its own shares on the open market.
The repurchase period began September 4, 2015 and ended April 21, 2016, a total of 230 days.
Purchases were made on days when shares traded at a discount of 2% or more to closing net asset value, up to the lesser of $125,000 or the regulatory maximum.
The plan was intended in part to add marketplace liquidity and potentially reduce declines in market price relative to net asset value.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Virtus Diversified Income & Convertible Fund filing is on SEC EDGAR ↗. 8-K briefs of other companies →