Virtus Global Multi-Sector Income Fund Declares Distributions

Rhea-AI Summary

Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced monthly distributions of $0.08 for June, July, and August 2022. The ex-dates are June 10, July 8, and August 10, with record dates on June 13, July 11, and August 11, respectively. Distributions will be payable on June 21, July 18, and August 18, 2022. These amounts are estimates and may change based on the Fund's investment performance and tax regulations. Investors should refer to Form 1099-DIV for tax reporting. The Fund aims to maximize current income through diversified fixed-income investments.

Positive

• Monthly distributions of $0.08 each for June, July, and August 2022 indicate consistent income for investors.
• The Fund's strategy to maximize current income through diversified investments in fixed-income sectors may appeal to income-focused investors.

Negative

• None.

HARTFORD, Conn., May 25, 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
$0.08	June 10, 2022	June 13, 2022	June 21, 2022
$0.08	July 8, 2022	July 11, 2022	July 18, 2022
$0.08	August 10, 2022	August 11, 2022	August 18, 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, LLC 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 each 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, an affiliated manager of Virtus Investment Partners, 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. 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

What are the distribution amounts for Virtus Global Multi-Sector Income Fund (VGI) in 2022?

The Virtus Global Multi-Sector Income Fund (VGI) has declared monthly distributions of $0.08 for June, July, and August 2022.

What are the ex-dates for the June, July, and August 2022 distributions for VGI?

The ex-dates for the distributions are June 10, July 8, and August 10, 2022.

When will the distributions for the Virtus Global Multi-Sector Income Fund be payable?

The distributions will be payable on June 21, July 18, and August 18, 2022.

What is the investment strategy of the Virtus Global Multi-Sector Income Fund?

The Fund seeks to maximize current income while preserving capital by investing in diversified holdings across major domestic and international fixed-income sectors.