Virtus Global Multi-Sector Income Fund Announces Distributions
Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced monthly distributions of $0.08 each for September, October, and November 2022. The ex-dates are September 9, October 12, and November 10, while the record dates are September 12, October 13, and November 14, and the payable dates are September 19, October 20, and November 21, 2022. These amounts are estimates and subject to change based on the Fund's performance during the fiscal year. Investors will receive a Form 1099-DIV detailing taxable distributions.
- Monthly distributions of $0.08 will provide regular income for shareholders.
- Distributions are scheduled consistently for three months, signaling stable cash flow.
- None.
HARTFORD, Conn., Sept. 2, 2022 /PRNewswire/ -- Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions:
Amount of Distribution | Ex-Date | Record Date | Payable Date |
September 9, 2022 | September 12, 2022 | September 19, 2022 | |
October 12, 2022 | October 13, 2022 | October 20, 2022 | |
November 10, 2022 | November 14, 2022 | November 21, 2022 |
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.
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SOURCE Virtus Global Multi-Sector Income Fund
FAQ
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