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Virtus Global Multi-Sector Income Fund (NYSE: VGI) announces recurring monthly distributions for a diversified closed-end fund focused on current income and capital preservation. The fund invests across major domestic and international fixed-income sectors, using multi-sector bond management rather than a single-sector mandate.
Company updates also describe the fund’s advisory structure, with Virtus Investment Advisers serving as investment adviser and Newfleet Asset Management as subadviser. Recurring fund language highlights fixed-income portfolio management, active sector rotation, disciplined risk management, and exposure to specialized or out-of-favor areas of the bond market.
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Virtus Global Multi-Sector Income Fund (NYSE: VGI) has declared monthly distributions of $0.08 for March, April, and May 2023. The ex-dates for these distributions are March 10, April 12, and May 10, while the record dates are March 13, April 13, and May 11, with payable dates set for March 23, April 25, and May 23, respectively. These amounts are estimates and may change based on the Fund's investment performance and tax regulations. As a closed-end fund, VGI focuses on maximizing current income while preserving capital through diversified fixed-income investments, managed by Virtus Investment Advisers and Newfleet Asset Management.
Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced monthly distributions of $0.08 per share for December 2022, January 2023, and February 2023. The ex-dates for these distributions are December 9, 2022, January 5, 2023, and February 10, 2023, with record dates following shortly after. The distributions are estimates and the actual amounts may vary based on the Fund’s investment performance. Investors will receive a Form 1099-DIV for tax reporting purposes. The Fund aims to maximize current income while preserving capital through diversified holdings in fixed-income sectors.
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.
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.
On May 24, 2022, Virtus Global Multi-Sector Income Fund (VGI) and Virtus Total Return Fund Inc. (ZTR) announced the results of their joint annual shareholder meeting held on May 23, 2022. Key highlights include the re-election of trustees and directors for both funds, with substantial shareholder support. For VGI, Deborah A. DeCotis received 96% approval, while for ZTR, George R. Aylward secured 97%. The strong approval ratings reflect investor confidence in the leadership of both funds, which are critical for their future strategies.
On March 3, 2022, the Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced its monthly distributions of $0.08. The ex-dates for these distributions are set for April 8 and May 11, 2022, with corresponding record and payable dates on April 11 and 20, and May 12 and 19, respectively. These distributions are subject to change based on the Fund's fiscal year investment performance. The Fund aims to maximize income while preserving capital through diversified fixed-income investments. Investors can contact shareholder services for further information.
Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced the removal of its managed distribution plan, effective December 2021. The fund will continue to pay $0.08 per share in monthly distributions. This decision follows the elimination of an option overlay strategy that was part of the fund's investment approach since 2015, potentially lowering fund expenses. Future distributions will depend on net investment income and capital gains, with a supplemental distribution announcement planned for January 3, 2022.
On November 5, 2021, the Virtus Global Multi-Sector Income Fund (NYSE: VGI) announced a monthly distribution of $0.08 per share. The ex-date is November 10, 2021, with a record date of November 12, 2021 and payable date of November 19, 2021. The Fund's Managed Distribution Plan indicates that distributions may include returns of capital if net investment income falls short. As of October 2021, approximately 52.5% of distribution sources came from net investment income, with the remainder expected to be a return of capital.