Virtus Global Multi-Sector Income Fund Announces Distributions
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.
- Announcement of consistent monthly distributions at $0.08 per share for July and August 2024.
- Clear schedule provided for ex-date, record date, and payable date.
- Distributions are estimates and not final for tax reporting.
- Actual distribution amounts may change based on the fund's investment performance and tax regulations, introducing uncertainty.
Amount of Distribution |
Ex-Date |
Record Date |
Payable Date |
|
July 11, 2024 |
July 11, 2024 |
July 30, 2024 |
|
August 12, 2024 |
August 12, 2024 |
August 29, 2024 |
The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
About the Fund
Virtus Global Multi-Sector Income Fund is a diversified closed-end fund that seeks to maximize current income while preserving capital by investing in broadly diversified holdings across the major domestic and international fixed-income sectors. Virtus Investment Advisers, Inc. is the investment adviser to the Fund and Newfleet Asset Management is its subadviser.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.
Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.
About Newfleet Asset Management
Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Global Multi-Sector Income Fund leverages the knowledge and skill of investment professionals with expertise in every sector of the bond market, including evolving, specialized and out-of-favor sectors. The team employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy’s stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit newfleet.com.
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.
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For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Global Multi-Sector Income Fund
FAQ
What are the distribution amounts announced for VGI in July and August 2024?
When is the ex-date for VGI's July 2024 distribution?
What is the payable date for VGI's August 2024 distribution?
Are the distribution amounts for VGI final for tax purposes?
When will I receive the final tax information for VGI's distributions?
