VIRTUS GLOBAL MULTI-SECTOR INCOME FUND - VGI STOCK NEWS

On May 24, 2022, Virtus Global Multi-Sector Income Fund (VGI) and Virtus Total Return Fund Inc. (ZTR) announced the results of their joint annual shareholder meeting held on May 23, 2022. Key highlights include the re-election of trustees and directors for both funds, with substantial shareholder support. For VGI, Deborah A. DeCotis received 96% approval, while for ZTR, George R. Aylward secured 97%. The strong approval ratings reflect investor confidence in the leadership of both funds, which are critical for their future strategies.

On March 3, 2022, the Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced its monthly distributions of $0.08. The ex-dates for these distributions are set for April 8 and May 11, 2022, with corresponding record and payable dates on April 11 and 20, and May 12 and 19, respectively. These distributions are subject to change based on the Fund's fiscal year investment performance. The Fund aims to maximize income while preserving capital through diversified fixed-income investments. Investors can contact shareholder services for further information.

Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced the removal of its managed distribution plan, effective December 2021. The fund will continue to pay $0.08 per share in monthly distributions. This decision follows the elimination of an option overlay strategy that was part of the fund's investment approach since 2015, potentially lowering fund expenses. Future distributions will depend on net investment income and capital gains, with a supplemental distribution announcement planned for January 3, 2022.

On November 5, 2021, the Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced a monthly distribution of $0.08 per share. The ex-date is November 10, 2021, with a record date of November 12, 2021 and payable date of November 19, 2021. The Fund's Managed Distribution Plan indicates that distributions may include returns of capital if net investment income falls short. As of October 2021, approximately 52.5% of distribution sources came from net investment income, with the remainder expected to be a return of capital.

Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced a monthly distribution of $0.08 on October 19, 2021, with an ex-date of October 8, 2021 and record date of October 12, 2021. The Fund, adhering to its Managed Distribution Plan, aims to maintain consistent distribution levels, which may include returns of capital if net investment income is insufficient. Recent data indicates 54.9% of the September distribution is from return of capital, reflecting an ongoing trend of distributing more than income and capital gains. Current fiscal year-to-date distribution rate stands at 7.99%.

The Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced monthly distributions of $0.08 for October and November 2021. The ex-dates are scheduled for October 8 and November 10, with payable dates on October 19 and November 19. As part of its Managed Distribution Plan, the fund aims to maintain consistent distribution levels, potentially funded by net investment income and capital gains. However, distributions may also include a return of capital, reflecting that the fund's aggregate net investment income may not meet distribution levels, thereby reducing shareholder capital.

On August 3, 2021, Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced a monthly distribution of $0.08 per share set for August 19, 2021. This distribution is part of the Fund's Managed Distribution Plan, which may include returns of capital when net investment income and capital gains are insufficient. For July 2021, net investment income contributed 56.1% of the distribution, while 43.9% was a return of capital. The Fund has estimated total distributions exceeding income, indicating potential capital return to shareholders.

Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced a monthly distribution of $0.08 to be paid on July 19, 2021. The distribution will be sourced from net investment income and realized capital gains; however, it may include a return of capital if the fund's earnings are insufficient. For June 2021, the fund's net investment income was $0.043 per share, making up 53.7% of the distribution. The fund reported a 5.40% average annual total return over five years, with a current fiscal year-to-date annualized distribution rate of 7.83%.

Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced a monthly distribution of $0.08, with distribution details reflecting a 7.64% rate based on the market price and 7.91% based on net asset value as of May 19, 2021. The Fund has reduced its monthly distribution by $0.02 per share, citing the need for sustainability in low-interest conditions. The distribution structure indicates a reliance on net investment income and capital gains; however, some distributions may return capital to shareholders, which doesn't reflect investment performance.