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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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Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) have announced upcoming distributions on their common shares. NCV will distribute $0.034 per share on various dates in 2024, while NCZ will distribute $0.030 per share on the same dates. These amounts are estimates and not for tax reporting purposes.
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Virtus Artificial Intelligence & Technology Opportunities Fund (VRTS) announces monthly distributions for March, April, May, and June 2024. The Fund aims to maintain a consistent distribution level from net investment income and capital gains.
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Virtus Diversified Income & Convertible Fund (NYSE: ACV) announces monthly distributions for March, April, May, and June 2024. The fund aims to maintain a consistent distribution level through net investment income and realized capital gains under its Managed Distribution Plan.
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Virtus Global Multi-Sector Income Fund (VGI) announces monthly distributions for March, April, May, and June 2024. The estimated distribution amount is $0.08 per share for each month. These distributions are not finalized for tax reporting and may change based on the Fund's investment experience.
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Virtus Investment Partners, Inc. (NYSE: VRTS) declares a quarterly cash dividend of $1.90 per common share for Q1 2024, marking a 15% increase from the previous year. The dividend will be paid on May 15, 2024, to shareholders of record as of April 30, 2024.
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Virtus Diversified Income & Convertible Fund (ACV) announced a monthly distribution of $0.18 per share, payable on February 28, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains. Shareholders should be aware that any shortfall in income may result in a return of capital.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.05 per share, with an ex-date of February 9, 2024, record date of February 12, 2024, and payable date of February 28, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains. Shareholders should be aware that any shortfall in income and gains may be returned from the Fund's assets.
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Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) announced a monthly distribution of $0.15 per share on February 28, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains, with potential return of shareholder's capital if income falls short.
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Virtus Investment Partners, Inc. reports $171.1 billion in assets under management as of January 31, 2024, with additional fee-earning assets of $2.6 billion. The breakdown by product type and asset class shows a slight decrease from the previous month.
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Virtus Investment Partners, Inc. (VRTS) reported financial results for the three months ended December 31, 2023. The company recorded Total Sales of $6.2B and Net Flows of ($3.8B) with Assets Under Management of $172.3B. Earnings Per Share - Diluted was $4.21, and Earnings Per Share - Diluted, as Adjusted, was $6.11.
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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.

NYSE:VRTS

VRTS Rankings

VRTS Stock Data

1.68B
7.13M
6.12%
84.22%
1.06%
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