Virtus Investment Partners, Inc. - VRTS STOCK NEWS

Virtus Total Return Fund Inc. (NYSE: ZTR) has announced a monthly distribution of $0.08 for April 2021. The ex-date is set for April 9, 2021, with a record date of April 12, 2021, and payments scheduled for April 19, 2021. The fund operates under a Managed Distribution Plan, which may result in some distributions being a return of capital. For March 2021, 27.4% of the distribution comes from net investment income, while 72.6% is classified as a return of capital. Shareholders are advised not to draw conclusions about the fund's performance from this distribution.

DNP Select Income Fund (NYSE: DNP) will redeem its Floating Rate Mandatory Redeemable Preferred Shares on April 1, 2021. This includes the redemption of 600 Series B MRP Shares valued at $60 million and 330 Series D MRP Shares worth $33 million, both at 100% of their liquidation preference. The total redemption will be financed by a $93 million borrowing from the Fund's existing credit facility. These shares will not incur accrued and unpaid dividends as they are redeemed on their final payment date.

Virtus Investment Partners reported total assets under management (AUM) of $166.6 billion as of February 28, 2021. The company also stated it managed an additional $3.4 billion in other fee-earning assets. Key figures include AUM from open-end funds at $72.6 billion, closed-end funds at $11.4 billion, and retail separate accounts at $35.4 billion. This data reflects the partnership's commitment to providing diverse investment management solutions.

On March 8, 2021, DTF Tax-Free Income Inc. (NYSE: DTF) announced the authorization of dividends totaling 4.0 cents per share for three upcoming periods:

• Ex-Dividend Date: April 14, 2021, Payable Date: April 30, 2021
• Ex-Dividend Date: May 14, 2021, Payable Date: May 28, 2021
• Ex-Dividend Date: June 14, 2021, Payable Date: June 30, 2021

This regular dividend distribution emphasizes the fund's commitment to providing income to shareholders while maintaining a diversified portfolio of tax-exempt obligations.

The Board of Directors of Duff & Phelps Utility and Infrastructure Fund has declared a quarterly dividend of 35 cents per share, with an ex-date of June 14, 2021 and a payable date of June 30, 2021. The Fund maintains this distribution rate under its Managed Distribution Plan, adopted in 2015, which aims to distribute all available investment income to shareholders. The March quarterly distribution sources include $0.043 from net investment income and $0.307 from return of capital. Year-to-date cumulative distribution from all sources is $0.700.

Virtus Dividend, Interest & Premium Strategy Fund (NFJ) and Virtus AllianzGI Equity & Convertible Income Fund (NIE) announced quarterly distributions of $0.225 and $0.380 per share, respectively. The distributions will be paid on March 26, 2021, to shareholders of record on March 15, with an ex-dividend date of March 12, 2021. It’s important to note that these amounts are estimates and may change based on the funds’ investment experiences and tax regulations. Virtus Investment Advisers became the investment adviser for both funds effective February 1, 2021.

Virtus Total Return Fund Inc. (NYSE: ZTR) announced monthly distributions of $0.08 for April and May 2021. The distributions will be paid from net investment income, realized capital gains, or Fund assets, with potential return of capital. In February 2021, 29% of the distribution came from net investment income, while 71% was a return of capital. The Fund's average annual total return on NAV for the last five years is 8.87%, but the fiscal year-to-date cumulative total return is -2.31%. Current fiscal YTD annualized distribution rate stands at 10.85%.

Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced monthly distributions of $0.10 for April and May 2021. The Fund's distribution plan aims to maintain consistent levels, potentially funded by net investment income and realized capital gains. Shareholders should be aware that if total net income and capital gains fall short, distributions may include a return of capital, which does not reflect performance.

For February 2021, net investment income per share was $0.045, accounting for 44.6% of distributions. A significant 55.4% of distributions may be a return of capital.

Virtus AllianzGI Convertible & Income Fund (NYSE: NCV) declared a cash distribution of $0.3515625 per share for Series A cumulative preferred shareholders, payable on March 31, 2021. Shareholders on record as of March 11, 2021 are eligible. The Series A shares, rated AA by Fitch, have an annual dividend rate of $1.40625 per share, issued at $25.00 each in September 2018. The shares become callable on September 20, 2023. Actual distribution amounts may vary based on the fund's investment performance.