Virtus Investment Partners Reports Preliminary October 31, 2023 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners, Inc. (NASDAQ: VRTS) reported preliminary assets under management of $155.8 billion as of October 31, 2023. The company also provided services to $2.4 billion of other fee-earning assets. The breakdown by product type shows a decrease in assets under management from September 30, 2023, to October 31, 2023, with open-end funds, closed-end funds, retail separate accounts, and institutional accounts all experiencing declines.

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $155.8 billion as of October 31, 2023. In addition, the company provided services to $2.4 billion of other fee-earning assets, which are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	October 31, 2023			September 30, 2023
Open-End Funds (1)	$	51,800		$	54,145
Closed-End Funds		9,267			9,472
Retail Separate Accounts		36,818			38,665
Institutional Accounts (2)		57,938			60,257
Total	$	155,823		$	162,539

(1)	Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds
(2)	Represents assets under management of institutional separate and commingled accounts including structured products

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. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231109073820/en/

Sean Rourke

(860) 263-4709

sean.rourke@virtus.com

Source: Virtus Investment Partners

FAQ

What are the preliminary assets under management reported by Virtus Investment Partners, Inc. (NASDAQ: VRTS)?

Virtus Investment Partners, Inc. (NASDAQ: VRTS) reported preliminary assets under management of $155.8 billion as of October 31, 2023.

What is the breakdown of assets under management by product type for Virtus Investment Partners, Inc. (NASDAQ: VRTS)?

The breakdown by product type shows a decrease in assets under management from September 30, 2023, to October 31, 2023, with open-end funds, closed-end funds, retail separate accounts, and institutional accounts all experiencing declines.

What are the other fee-earning assets provided by Virtus Investment Partners, Inc. (NASDAQ: VRTS)?

The company provided services to $2.4 billion of other fee-earning assets, which are not included in assets under management.