MetLife Investment Management, LLC sold ACV

October 2, 2025 · Form 4 insider transaction

MetLife Investment Management, LLC sold 1,200,000 shares of Virtus Diversified Income & Convertible Fund at $25.00 per share, a transaction worth $30.00M. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
1,200,000
Price
$25.00
Total value
$30.00M
Role10% owner
SecuritySeries A Mandatory Redeemable Preferred Shares
Transaction codeJ: J
Transaction dateOctober 2, 2025
Filing dateOctober 6, 2025
Shares owned after0
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

These Series A Mandatory Redeemable Preferred Shares were redeemed in full by the Issuer at their original purchase price of $25.00 per share, plus accrued and unpaid dividends, which dividends are exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-9 thereunder.; These securities were held directly by a client for whom the Reporting Person serves as investment manager.; The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.

View the original Form 4 on SEC EDGAR