Virtus Investmen - VRTS STOCK NEWS

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has announced its April 2025 monthly distribution of $0.15 per share, payable on April 29, 2025. The distribution breakdown reveals:

• 89.3% from Net Realized Long-Term Capital Gains ($0.134)
• 10.7% from Net Investment Income ($0.016)
• No Return of Capital

The Fund's performance metrics show a 14.83% average annual total return on NAV for the 5-year period, with an 8.74% annualized current distribution rate. The fiscal year-to-date (starting February 1, 2025) indicates a -11.26% cumulative total return on NAV and a 1.46% cumulative distribution rate.

Under its Managed Distribution Plan, the Fund aims to maintain consistent distribution levels from various sources. Shareholders should note that distributions may include capital return if the Fund's aggregate income and capital gains fall short of the distribution amount. The actual tax implications will be detailed in Form 1099-DIV.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced its April 2025 monthly distribution of $0.18 per share, payable on April 29, 2025. The distribution analysis reveals:

• 61.1% comes from Return of Capital
• 29.9% from Net Realized Long-Term Capital Gains
• 9% from Net Realized Short-Term Capital Gains
• 0% from Net Investment Income

Key performance metrics as of March 31, 2025:

• 5-year Average Annual Total Return on NAV: 14.90%
• Current Annualized Distribution Rate: 10.35%
• Fiscal YTD Cumulative Total Return: -8.99%
• Fiscal YTD Cumulative Distribution Rate: 1.73%

Investors should note that the Fund's distributions may include return of capital, which occurs when distributed amounts exceed income and capital gains. This should not be confused with yield or investment performance.

Virtus Investment Partners (NYSE: VRTS) has reported its Q1 2025 financial results, with diluted earnings per share of $4.05 and adjusted EPS of $5.73. The company's total assets under management decreased to $167.5 billion, down 4% from the previous quarter, primarily due to market performance and net outflows.

Key financial metrics include:

• Total sales of $6.2B with net outflows of ($3.0B)
• Revenues declined 7% to $217.9M
• Operating income decreased 28% to $36.6M
• Operating margin of 16.8%

The company experienced net outflows across U.S. retail funds, institutional accounts, and retail separate accounts, partially offset by positive flows in ETFs. Working capital increased to $137.2M, and the company repurchased 111,200 shares for $20.0M during the quarter. Net debt stood at $100.0M, representing 0.3x EBITDA.

Virtus Investment Partners (NYSE: VRTS), a multi-boutique asset management business, has scheduled the release of its first quarter 2025 financial results before market opening on Friday, April 25, 2025.

The company will host a conference call and webcast at 10:00 a.m. Eastern featuring President and CEO George R. Aylward and Executive VP/CFO Michael A. Angerthal. An accompanying presentation will be available on virtus.com, with a call replay accessible in the Investor Relations section for at least one year.

Virtus Investment Partners (NYSE: VRTS) reported preliminary assets under management (AUM) of $167.5 billion and other fee earning assets of $2.1 billion, totaling $169.6 billion in client assets as of March 31, 2025.

The company experienced a decrease in AUM from December 31, 2024 ($175.0 billion) due to market performance and net outflows across U.S. retail mutual funds, institutional accounts, and retail separate accounts. This decline was partially offset by positive net flows in exchange-traded funds. The preliminary average AUM for the quarter was $173.6 billion.

By asset class, the portfolio composition as of March 31, 2025 included:

• Equity: $93.6 billion
• Fixed Income: $37.9 billion
• Multi-Asset: $20.8 billion
• Alternatives: $15.1 billion

DNP Select Income Fund has announced its March 2025 monthly distribution of $0.065 per share, payable on April 10, 2025, to shareholders of record as of March 31, 2025. The distribution breakdown includes:

• 28.9% from Net Investment Income ($0.019)
• 37.8% from Net Realized Long-Term Capital Gains ($0.025)
• 6.0% from Net Realized Short-Term Capital Gains ($0.003)
• 27.3% from Return of Capital ($0.018)

The Fund, operating under a managed distribution plan since 2007, maintains a 6.5 cent per share distribution level. As of February 28, 2025, the Fund reported an average annual total return on NAV of 9.09% over five years, with an annualized current distribution rate of 8.45% as a percentage of NAV. The cumulative total return on NAV for the fiscal year stands at 6.41%.

Virtus Total Return Fund (NYSE: ZTR) has disclosed information regarding its monthly distribution under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income and realized capital gains.

The fund has indicated that it has distributed more than its income and capital gains, meaning a portion of the distribution may constitute a return of capital to shareholders. This occurs when investors receive back part of their original investment and should not be interpreted as yield or income.

The fund emphasizes that actual distribution amounts and sources for tax purposes will depend on the fund's investment experience during the remainder of its fiscal year. Shareholders will receive Form 1099-DIV for tax reporting purposes.

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has disclosed information regarding its monthly distribution under its Managed Distribution Plan. The Fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination thereof.

Shareholders are advised that if the Fund's aggregate net investment income and realized capital gains are less than the distribution amount, the difference will be distributed from Fund assets, constituting a return of shareholder capital. The Fund emphasizes that distribution estimates are provided for informational purposes only and should not be used to draw conclusions about investment performance.

The actual distribution amounts and sources for tax purposes will depend on the Fund's fiscal year investment performance and may change based on tax regulations. Shareholders will receive Form 1099-DIV for calendar year tax reporting purposes.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has disclosed important information regarding its monthly distribution under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination thereof.

The fund has indicated that it has distributed more than its income and capital gains, meaning a portion of the distribution may constitute a return of capital to shareholders. This occurs when investors receive back part of their original investment and should not be interpreted as yield or income.

The fund emphasizes that distribution estimates are provided for informational purposes only, not for tax reporting. Actual distribution amounts and sources for tax purposes will be determined based on the fund's fiscal year investment performance and may be subject to changes based on tax regulations. Shareholders will receive Form 1099-DIV for official tax reporting purposes.