Virtus Investmen (VRTS) Stock News

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has announced its monthly distribution of $0.15 per share, payable on June 27, 2025. The distribution sources include 93.7% from net realized long-term capital gains and 6.3% from net investment income.

The Fund's performance metrics show an average annual total return of 12.16% on NAV for the 5-year period, with an annualized distribution rate of 8.16%. The fiscal YTD cumulative total return stands at -3.57%, with a cumulative distribution rate of 2.72%.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced its monthly distribution of $0.18 per share, payable on June 27, 2025. The distribution analysis reveals that 100% of the current distribution represents a return of capital. For the fiscal year-to-date, the distribution sources comprise: 77.1% return of capital, 15.1% realized long-term capital gains, 6.5% short-term capital gains, and 1.3% net investment income.

The Fund's performance metrics show a 10.98% average annual total return on NAV for the 5-year period, with an annualized current distribution rate of 9.88%. The fiscal YTD cumulative total return on NAV stands at -2.91%, while the fiscal YTD cumulative distribution rate is 3.29%.

Stone Harbor Investment Partners, part of Virtus Investment Partners (NYSE: VRTS), has launched the Stone Harbor Emerging Markets Climate Impact Debt Fund (STHEMDI), an Article 9 UCITS fund focused on sustainable debt in emerging markets. The fund targets decarbonization efforts while aiming for strong total returns, investing in environmental and social bonds from EM corporate, sovereign, quasi-sovereign and supranational issuers. Led by CIO James E. Craige and a team of experienced portfolio managers, the fund aims to outperform the J.P Morgan EM Credit Green, Social and Sustainability Bond Diversified Index. The launch responds to growing demand for sustainable investment solutions and expanding EM labeled bond issuance, complementing Stone Harbor's existing Article 8 UCITS fund.

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) has declared monthly dividends of $0.0325 per share for July, August, and September 2025. The dividends will be payable on July 31, August 29, and September 30, 2025, respectively, with corresponding ex-dates and record dates of July 15, August 15, and September 15. The Fund indicates these distributions may exceed its net income and realized capital gains, suggesting a portion could represent a return of capital. The exact tax characterization will be reported to shareholders via Form 1099-DIV after the fiscal year ends.

DNP Select Income Fund announced its upcoming dividend payments of $0.065 per share for July, August, and September 2025. The Fund maintains this distribution rate through its Managed Distribution Plan adopted in 2007. For May 2025, the distribution sources were: 56.4% from net investment income, 0.6% from short-term capital gains, 43% from long-term capital gains. The Fund's 5-year average annual total return on NAV was 9.59%, with an annualized current distribution rate of 8.49% of NAV. The Fund's cumulative total return on NAV for the fiscal year was 8.22%, with fiscal year distributions at 4.95% of NAV.

Duff & Phelps Utility and Infrastructure Fund announced two key updates: a renewal of its share repurchase program and monthly distributions. The fund will continue its repurchase program from July 1, 2025, allowing for up to 5% of outstanding common shares to be bought at market prices below NAV through June 30, 2026. The program aims to enhance shareholder value through potential NAV accretion. Additionally, the fund declared monthly distributions of $0.07 per share for July, August, and September 2025. Under its managed distribution plan, the fund's May 2025 distribution was fully sourced from net investment income. The fund's 5-year average annual total return on NAV stands at 12.24%, with a current annualized distribution rate of 6.18% of NAV.

Virtus Investment Partners (NYSE: VRTS) reported total client assets of $169.7 billion as of May 31, 2025, with $167.6 billion in assets under management (AUM) and $2.1 billion in other fee-earning assets. The company saw an increase in AUM from April 30, 2025, driven by positive market performance and ETF inflows. However, this was partially offset by net outflows across institutional accounts, U.S. retail funds, retail separate accounts, and global funds. By product type, Open-End Funds reached $54.3 billion, Closed-End Funds $10.3 billion, Retail Separate Accounts $46.8 billion, and Institutional Accounts $56.2 billion. In terms of asset classes, Equity dominated with $94.4 billion, followed by Fixed Income at $37.8 billion, Multi-Asset at $21.1 billion, and Alternatives at $14.3 billion.

Duff & Phelps Utility and Infrastructure Fund announced its May 2025 monthly distribution of $0.07 per share, payable on June 10, 2025. The distribution sources include 100% from Net Investment Income for May 2025. For the fiscal year-to-date, distributions comprise 21.8% from Net Investment Income, 29.7% from Net Realized Short-Term Capital Gains, and 48.5% from Net Realized Long-Term Capital Gains. The Fund's 5-year average annual total return on NAV is 13.53%, with a current annualized distribution rate of 6.23% of NAV. The Fund operates under a managed distribution plan adopted in 2015, ensuring monthly distributions of $0.07 per share through various sources including investment income, capital gains, or return of capital when necessary.

DNP Select Income Fund Inc. announced its May 2025 monthly distribution of $0.065 per share, payable June 10, 2025. The distribution sources include 56.4% from net investment income ($0.037), 43% from net realized long-term capital gains ($0.028), and 0.6% from short-term capital gains. Year-to-date distributions total $0.455 per share. The Fund's 5-year average annual total return on NAV is 9.09%, with a current annualized distribution rate of 8.45% of NAV. The Fund operates under a managed distribution plan adopted in 2007, maintaining a consistent 6.5 cent monthly distribution through investment income, capital gains, or return of capital when necessary.