Virtus Global Multi-Sector Income Fund Announces Distributions

Rhea-AI Summary

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.

Positive

• Consistent monthly distributions of $0.08 enhance income stability for investors.
• The Fund focuses on a diversified portfolio, mitigating risk across multiple fixed-income sectors.

Negative

• Distributions are estimates and may vary, potentially affecting investor expectations.
• Investors are cautioned about the risks of principal loss and fluctuating market prices for closed-end funds.

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions:

Amount of Distribution	Ex-Date	Record Date	Payable Date
$0.08	March 10, 2023	March 13, 2023	March 23, 2023
$0.08	April 12, 2023	April 13, 2023	April 25, 2023
$0.08	May 10, 2023	May 11, 2023	May 23, 2023

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 to 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

Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. For more information, visit virtus.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230301006068/en/

For Further Information:

Shareholder Services

(866) 270-7788

closedendfunds@virtus.com

Source: Virtus Global Multi-Sector Income Fund

FAQ

What are the latest distribution announcements for Virtus Global Multi-Sector Income Fund (VGI)?

The latest announcements include monthly distributions of $0.08 for March, April, and May 2023.

What are the ex-dates for the upcoming distributions for VGI?

The ex-dates are March 10, April 12, and May 10, 2023.

When will the distributions for VGI be payable?

The payable dates are March 23, April 25, and May 23, 2023.

What is the investment strategy of Virtus Global Multi-Sector Income Fund (VGI)?

The Fund aims to maximize current income while preserving capital through a diversified portfolio of fixed-income investments.

Who manages the Virtus Global Multi-Sector Income Fund (VGI)?

The Fund is managed by Virtus Investment Advisers and sub-advised by Newfleet Asset Management.