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VIRTUS GLOBAL MULTI-SECTOR INCOME FUND - VGI STOCK NEWS

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Virtus Global Multi-Sector Income Fund (VGI) is a diversified, closed-end management investment company based in the United States. It aims to maximize current income while preserving capital by strategically investing in various undervalued areas of the global bond markets.

Managed by Virtus Investment Partners, a prominent investment management provider known for its integrity, quality, and strength, VGI benefits from a multi-manager asset management approach. This structure comprises individual affiliated managers, each employing a distinct investment style and autonomous investment process. The synergy of these managers ensures a robust and diversified investment portfolio that aligns with the fund's objectives.

Virtus Investment Partners offers a wide array of investment products and services tailored for both individuals and institutions. With an unwavering commitment to their clients, they focus on delivering success and meeting the unique needs of each investor.

Recent Achievements and Current Projects:

  • VGI has consistently identified and capitalized on opportunities within undervalued sectors of the global bond markets, ensuring sustained income generation for its investors.
  • The fund's dynamic approach to investment management enables it to adapt to changing market conditions while preserving capital, reflecting its strategic foresight and risk management capabilities.
  • Strong partnerships with global financial institutions have bolstered VGI's market presence and investment portfolio, enhancing its ability to achieve its financial objectives.

Financial Condition:

VGI maintains a solid financial position, characterized by diversified investments and a strategic focus on income generation. The fund's prudent management and disciplined investment approach ensure continued financial stability and growth prospects.

For the latest updates and news, Virtus Global Multi-Sector Income Fund remains committed to providing transparent and timely information to its investors, reflecting its dedication to client success and trust.

Rhea-AI Summary

Virtus Global Multi-Sector Income Fund (NYSE: VGI) has declared monthly distributions of $0.08 per share for the following months: December 2024, January 2025, February 2025, and March 2025. The distributions will be payable on December 30, 2024, January 30, 2025, February 27, 2025, and March 28, 2025, respectively. The fund notes that these amounts are estimates and final tax reporting details will be provided via Form 1099-DIV.

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Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced its upcoming monthly distributions for September, October, and November 2024. The fund will distribute $0.08 per share for each month. The ex-dates and record dates are set for September 13, October 11, and November 12, 2024, respectively. The corresponding payable dates are September 26, October 30, and November 27, 2024.

It's important to note that these distribution amounts are estimates and not provided for tax reporting purposes. The actual amounts and sources of distributions for tax purposes will depend on the Fund's investment performance during the remainder of its fiscal year. Shareholders will receive a Form 1099-DIV for the calendar year, which will provide the necessary information for federal income tax reporting.

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Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced monthly distributions of $0.08 per share for July and August 2024. The ex-date and record date for both distributions are July 11, 2024, and August 12, 2024, respectively, with payable dates on July 30, 2024, and August 29, 2024. The amounts are estimates and not for tax reporting purposes. Actual distributions will be determined by the fund's investment experience and tax regulations, and official figures will be provided in a Form 1099-DIV.

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Virtus Global Multi-Sector Income Fund (VGI) announces monthly distributions for March, April, May, and June 2024. The estimated distribution amount is $0.08 per share for each month. These distributions are not finalized for tax reporting and may change based on the Fund's investment experience.
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Virtus Global Multi-Sector Income Fund (NYSE: VGI) announces monthly distributions of $0.08 for December 8, 2023, January 11, 2024, and February 9, 2024. The distributions are estimates and not for tax reporting. Actual amounts and sources for tax purposes depend on the Fund’s investment experience and may change based on tax regulations.
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Virtus Global Multi-Sector Income Fund (VGI) announces monthly distributions of $0.08 in September, October, and November 2023.
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Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced its monthly distributions. The distribution amounts are $0.08 per share and will be paid on June 23, 2023, July 25, 2023, and August 23, 2023. Please note that these amounts are estimates and may be subject to changes based on tax regulations.
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Virtus Global Multi-Sector Income Fund (NYSE: VGI) has declared monthly distributions of $0.08 for March, April, and May 2023. The ex-dates for these distributions are March 10, April 12, and May 10, while the record dates are March 13, April 13, and May 11, with payable dates set for March 23, April 25, and May 23, respectively. These amounts are estimates and may change based on the Fund's investment performance and tax regulations. As a closed-end fund, VGI focuses on maximizing current income while preserving capital through diversified fixed-income investments, managed by Virtus Investment Advisers and Newfleet Asset Management.

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Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced monthly distributions of $0.08 per share for December 2022, January 2023, and February 2023. The ex-dates for these distributions are December 9, 2022, January 5, 2023, and February 10, 2023, with record dates following shortly after. The distributions are estimates and the actual amounts may vary based on the Fund’s investment performance. Investors will receive a Form 1099-DIV for tax reporting purposes. The Fund aims to maximize current income while preserving capital through diversified holdings in fixed-income sectors.

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Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced monthly distributions of $0.08 each for September, October, and November 2022. The ex-dates are September 9, October 12, and November 10, while the record dates are September 12, October 13, and November 14, and the payable dates are September 19, October 20, and November 21, 2022. These amounts are estimates and subject to change based on the Fund's performance during the fiscal year. Investors will receive a Form 1099-DIV detailing taxable distributions.

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FAQ

What is the current stock price of VIRTUS GLOBAL MULTI-SECTOR INCOME FUND (VGI)?

The current stock price of VIRTUS GLOBAL MULTI-SECTOR INCOME FUND (VGI) is $7.91 as of November 22, 2024.

What is the market cap of VIRTUS GLOBAL MULTI-SECTOR INCOME FUND (VGI)?

The market cap of VIRTUS GLOBAL MULTI-SECTOR INCOME FUND (VGI) is approximately 90.0M.

What is the primary objective of Virtus Global Multi-Sector Income Fund (VGI)?

The primary objective of VGI is to maximize current income while preserving capital.

What investment strategy does VGI employ?

VGI capitalizes on opportunities across undervalued areas of the global bond markets, employing a diversified and dynamic investment strategy.

Who manages Virtus Global Multi-Sector Income Fund?

The fund is managed by Virtus Investment Partners, utilizing a multi-manager asset management approach with affiliated managers.

How does Virtus Investment Partners approach investment management?

Virtus Investment Partners employs a multi-manager model with distinct investment styles and autonomous processes, focusing on integrity, quality, and strength.

What are the recent achievements of VGI?

VGI has successfully identified undervalued sectors in the global bond markets, generating consistent income and adapting to market changes.

What is the financial condition of VGI?

VGI maintains a solid financial position with diversified investments and a disciplined approach to income generation and capital preservation.

Who can invest in VGI?

VGI provides investment opportunities to both individual and institutional investors, offering a variety of products and services.

How does VGI ensure transparency for investors?

VGI is committed to providing transparent and timely information, reflecting its dedication to investor success and trust.

What types of bonds does VGI invest in?

VGI focuses on various undervalued areas of the global bond markets, including corporate bonds, government bonds, and other income-generating securities.

How can I stay updated on VGI’s performance?

Investors can stay updated on VGI's performance through regular news releases and updates provided by Virtus Investment Partners.

VIRTUS GLOBAL MULTI-SECTOR INCOME FUND

NYSE:VGI

VGI Rankings

VGI Stock Data

90.00M
11.31M
0.04%
43.13%
0.27%
Asset Management
Financial Services
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United States of America
Hartford