Virtus Investment Partners Reports Preliminary April 30, 2021 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners reported total assets under management (AUM) of $176.2 billion as of April 30, 2021, reflecting growth from $168.9 billion at the end of March 2021. The company also administered $3.8 billion in other fee-earning assets. Key product types include Open-End Funds at $74.8 billion, Closed-End Funds at $12.0 billion, and Institutional Accounts at $44.7 billion. The comprehensive report showcases Virtus's commitment to asset management and its diverse investment strategies.

Positive

• Total AUM increased to $176.2 billion from $168.9 billion in March 2021.
• Managed $3.8 billion in additional fee-earning assets.
• Strong contribution from Open-End Funds ($74.8 billion) and Institutional Accounts ($44.7 billion).

Negative

• None.

HARTFORD, Conn., May 11, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of April 30, 2021 of $176.2 billion. In addition, the company provided services to $3.8 billion of other fee-earning assets that are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	April 30, 2021				March 31, 2021
Open-End Funds	$	74,810			$	72,164
Closed-End Funds	12,024				11,664
Exchange Traded Funds	1,143				1,021
Retail Separate Accounts	39,755				37,244
Institutional Accounts	44,666				42,802
Structured Products	3,844				3,985
Total	$	176,242			$	168,880

About Virtus Investment Partners, Inc.

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. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Its affiliates include Ceredex Value Advisors, Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, NFJ Investment Group, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/virtus-investment-partners-reports-preliminary-april-30-2021-assets-under-management-301289109.html

SOURCE Virtus Investment Partners, Inc.

FAQ

What are the latest total assets under management for VRTS as of April 30, 2021?

As of April 30, 2021, Virtus Investment Partners reported total assets under management of $176.2 billion.

How much did VRTS's assets increase from March to April 2021?

Virtus Investment Partners' assets under management increased from $168.9 billion in March 2021 to $176.2 billion in April 2021.

What services does VRTS provide beyond its assets under management?

In addition to assets under management, Virtus Investment Partners provided services for $3.8 billion in other fee-earning assets.

What are the key product types contributing to VRTS's assets under management?

The key product types include Open-End Funds ($74.8 billion), Closed-End Funds ($12.0 billion), and Institutional Accounts ($44.7 billion).