Virtus Diversified Income & Convertible Fund (ACV) vs Runway Growth Finance (RWAY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Virtus Diversified Income & Convertible Fund (ACV) has outperformed Runway Growth Finance (RWAY) over the past year, losing 2.7% versus a loss of 35.1%. Runway Growth Finance is the larger company by market cap ($270.7 million vs $252.4 million), about 1.1 times the size. On valuation, Virtus Diversified Income & Convertible Fund trades at a lower trailing P/E (4.7x vs 26.9x for Runway Growth Finance).
Runway Growth Finance pays a dividend yielding 20.43%, while Virtus Diversified Income & Convertible Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ACV | RWAY |
|---|---|---|
| Share price | $24.28 | $6.46 |
| Market cap | $252.42M | $270.74M |
| 1-day change | -1.70% | +1.89% |
| YTD return | -7.65% | -27.66% |
| 1-year return | -2.70% | -35.08% |
| 5-year return | -32.20% | — |
| P/E ratio (TTM) | 4.72 | 26.92 |
| Forward P/E | — | 4.82 |
| EPS (TTM) | $5.14 | $0.24 |
| Dividend yield | 10.63% | 20.43% |
| Annual dividend | $0.00 | $1.32 |
| 52-week high | $29.04 | $10.20 |
| 52-week low | $23.65 | $5.19 |
| Distance from 52-week high | -16.40% | -36.67% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +24.46% |
| Average volume | 30.03K | 487.23K |
| Shares outstanding | 10.40M | 41.91M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ACV has outperformed RWAY by 32.4 percentage points over the past year.
- Runway Growth Finance trades at a higher earnings multiple (26.9x vs 4.7x trailing P/E).
- Runway Growth Finance offers a meaningfully higher dividend yield (20.43% vs 10.63%).
About Virtus Diversified Income & Convertible Fund
ACV stock →Virtus Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S.
Finance · Finance/Investors Services
About Runway Growth Finance
RWAY stock →Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies.
Finance · Finance: Consumer Services
ACV vs RWAY FAQ
Which is bigger, Virtus Diversified Income & Convertible Fund or Runway Growth Finance?
Runway Growth Finance (RWAY) is larger, with a market capitalization of $270.74M compared with $252.42M for Virtus Diversified Income & Convertible Fund (ACV).
Which stock has performed better over the past year, ACV or RWAY?
ACV returned -2.70% over the past 12 months, compared with -35.08% for RWAY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ACV or RWAY?
ACV has the lower trailing P/E at 4.7, versus 26.9 for RWAY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Virtus Diversified Income & Convertible Fund or Runway Growth Finance?
Runway Growth Finance has the higher yield at 20.43%, compared with 10.63% for Virtus Diversified Income & Convertible Fund.
Are Virtus Diversified Income & Convertible Fund and Runway Growth Finance in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for Virtus Diversified Income & Convertible Fund and Finance: Consumer Services for Runway Growth Finance.