Virtus Investment Partners Reports Preliminary May 31, 2021 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners (NASDAQ: VRTS) announced total assets under management (AUM) of $175.5 billion as of May 31, 2021. This includes $3.7 billion in other fee-earning assets not counted in AUM. AUM by product type includes $74.1 billion in open-end funds, $12.0 billion in closed-end funds, $1.2 billion in ETFs, and $39.7 billion in retail separate accounts. This reflects a slight decrease from $176.2 billion reported at the end of April 2021.

Positive

• Total assets under management of $175.5 billion as of May 31, 2021.
• Managed $3.7 billion in additional fee-earning assets.

Negative

• Decrease from $176.2 billion in AUM reported at the end of April 2021.
• Decline in open-end funds from $74.8 billion to $74.1 billion.

HARTFORD, Conn., June 9, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of May 31, 2021 of $175.5 billion. In addition, the company provided services to $3.7 billion of other fee-earning assets that are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	May 31, 2021				April 30, 2021
Open-End Funds	$	74,109			$	74,810
Closed-End Funds	11,979				12,024
Exchange Traded Funds	1,161				1,143
Retail Separate Accounts	39,743				39,755
Institutional Accounts	44,701				44,666
Structured Products	3,853				3,844
Total	$	175,546			$	176,242

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.

 

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SOURCE Virtus Investment Partners, Inc.

FAQ

What are the total assets under management for VRTS?

As of May 31, 2021, Virtus Investment Partners reported total assets under management of $175.5 billion.

What was the change in AUM for Virtus Investment Partners from April to May 2021?

The AUM decreased from $176.2 billion in April 2021 to $175.5 billion in May 2021.

How much were the fee-earning assets managed by VRTS?

Virtus Investment Partners managed an additional $3.7 billion in fee-earning assets not included in AUM.

What is the AUM of open-end funds for VRTS as of May 31, 2021?

The AUM for open-end funds was $74.1 billion as of May 31, 2021.

What were the AUM figures for closed-end funds for VRTS?

The AUM for closed-end funds was $11.979 billion as of May 31, 2021.