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Virtus Investment Partners, Inc. - VRTS STOCK NEWS

Welcome to our dedicated page for Virtus Investment Partners news (Ticker: VRTS), a resource for investors and traders seeking the latest updates and insights on Virtus Investment Partners stock.

Virtus Investment Partners, Inc. (Nasdaq: VRTS) is a premier investment management firm dedicated to providing high-quality investment products and services to both individuals and institutions. Known for its integrity, quality, and strength, the company operates on a multi-manager model that encompasses several affiliated managers, each with distinct investment styles and autonomous processes. This structure allows Virtus to offer a wide array of investment options, including open-end mutual funds, closed-end funds, exchange-traded funds (ETFs), and variable insurance funds.

The company's core business revolves around generating revenue through investment management fees, distribution and service fees, and administration and shareholder service fees. Headquartered in the United States, Virtus serves clients nationwide, building lasting partnerships and ensuring their success as investors. The firm places a strong emphasis on client responsibility and is committed to delivering exceptional value.

Recent Achievements and Current Projects:

  • Virtus has expanded its suite of investment products to include more ESG (Environmental, Social, and Governance) focused funds, reflecting a growing investor demand for responsible and sustainable investing options.
  • The firm has also undertaken significant digital transformation projects aimed at enhancing the client experience through cutting-edge technology and user-friendly platforms.

Financial Condition:

Virtus Investment Partners has shown robust financial performance, evidenced by consistent growth in assets under management (AUM) and a strong balance sheet. The company’s revenue streams are well-diversified, providing a stable financial foundation and resilience against market fluctuations.

Partnerships:

The company collaborates with a variety of financial institutions and advisory firms to broaden its reach and improve service offerings. These partnerships enable Virtus to deliver specialized investment solutions and maintain a competitive edge in the asset management industry.

Virtus Investment Partners continues to adapt to market trends and economic conditions, ensuring that they remain a trusted partner for investors seeking comprehensive investment strategies and superior portfolio management.

For important disclaimers and more information, please visit Virtus Social Media Guidelines.

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Viatris Inc. (NASDAQ: VTRS) and Theravance Biopharma, Inc. (NASDAQ: TBPH) announce positive results from the YUPELRI Phase III clinical trial in China, demonstrating efficacy and safety for COPD patients. Top-line results show a statistically significant increase in trough FEV1 versus placebo, supporting a regulatory filing in China in mid-2024.
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Virtus Investment Partners, Inc. (NASDAQ: VRTS) reported preliminary assets under management of $155.8 billion as of October 31, 2023. The company also provided services to $2.4 billion of other fee-earning assets. The breakdown by product type shows a decrease in assets under management from September 30, 2023, to October 31, 2023, with open-end funds, closed-end funds, retail separate accounts, and institutional accounts all experiencing declines.
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Virtus Investment Partners reports financial results for Q3 2023, with diluted EPS of $4.19 and adjusted diluted EPS of $6.21. Total sales decline to $5.8B and net flows are ($1.5B). Assets under management decrease to $162.5B.
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Virtus Investment Partners to release Q3 2023 financial results
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Virtus Total Return Fund Inc. (NYSE: ZTR) announces monthly distribution of $0.05 per share on October 24, 2023.
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Virtus Investment Partners reports preliminary assets under management of $162.5 billion as of September 30, 2023.
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Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG) authorizes dividend payment of 21 cents per share on its common stock. The Fund will distribute all available investment income to shareholders.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announces monthly distribution of $0.05 per share payable on September 21, 2023. Distribution consists of 12.5% net investment income, 0% short-term capital gains, 12.5% long-term capital gains, and 75% return of capital. Fiscal YTD cumulative total return on NAV is -7.05% and cumulative distribution rate is 11.54%.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announces monthly distribution of $0.05 per share on September 21, 2023. Distribution includes 19.9% net investment income, 19.9% net realized long-term capital gains, and 60.2% return of capital. Fiscal YTD cumulative total return on NAV is -7.05% and cumulative distribution rate is 11.06%.
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Virtus Investment Partners reports preliminary assets under management of $169.4 billion as of August 31, 2023.
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FAQ

What is the current stock price of Virtus Investment Partners (VRTS)?

The current stock price of Virtus Investment Partners (VRTS) is $235.88 as of November 18, 2024.

What is the market cap of Virtus Investment Partners (VRTS)?

The market cap of Virtus Investment Partners (VRTS) is approximately 1.7B.

What does Virtus Investment Partners, Inc. specialize in?

Virtus Investment Partners specializes in providing investment management products and services, including mutual funds, ETFs, and variable insurance funds.

How does Virtus Investment Partners generate revenue?

The company generates revenue through investment management fees, distribution and service fees, and administration and shareholder service fees.

What is the business model of Virtus Investment Partners?

Virtus operates a multi-manager asset management business, comprising several affiliated managers with distinct investment styles and autonomous processes.

Where is Virtus Investment Partners headquartered?

The company is headquartered in the United States and serves clients nationwide.

What recent achievements has Virtus Investment Partners accomplished?

Virtus has expanded its investment products to include more ESG-focused funds and has enhanced client experience through significant digital transformation projects.

How does Virtus Investment Partners ensure client success?

Virtus places a strong emphasis on client responsibility and is dedicated to delivering exceptional value and comprehensive investment strategies.

What is the financial condition of Virtus Investment Partners?

Virtus shows robust financial performance with consistent growth in assets under management (AUM) and a strong balance sheet.

Who are the partners of Virtus Investment Partners?

Virtus collaborates with various financial institutions and advisory firms to broaden its reach and improve service offerings.

What types of investment products does Virtus offer?

Virtus offers a wide range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds (ETFs), and variable insurance funds.

Where can I find more information about Virtus Investment Partners?

For more information, including important disclaimers, visit Virtus' social media guidelines page at https://www.virtus.com/social-media-guidelines.

Virtus Investment Partners, Inc.

Nasdaq:VRTS

VRTS Rankings

VRTS Stock Data

1.68B
7.13M
6.12%
84.22%
1.06%
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