Welcome to our dedicated page for Virtus Investmen news (Ticker: VRTS), a resource for investors and traders seeking the latest updates and insights on Virtus Investmen stock.
Virtus Investment Partners, Inc. (NYSE: VRTS) operates a multi-manager asset management business and regularly issues news and updates related to its investment platform, affiliated managers, and funds. This news page aggregates company announcements, fund notices, and regulatory disclosures that are relevant to investors following VRTS.
Virtus frequently reports on its preliminary assets under management and other fee-earning assets, broken down by product type and asset class. These updates describe trends across open-end funds, closed-end funds, retail separate accounts, institutional accounts, and exchange-traded funds, as well as allocations to equity, fixed income, multi-asset, and alternatives strategies.
News items also cover developments at affiliated and advised closed-end funds, including Duff & Phelps Utility and Infrastructure Fund Inc., DNP Select Income Fund Inc., DTF Tax-Free Income 2028 Term Fund Inc., Virtus Total Return Fund Inc., Virtus Equity & Convertible Income Fund, Virtus Artificial Intelligence & Technology Opportunities Fund, and Virtus Diversified Income & Convertible Fund. These releases often include information on managed distribution plans, special year-end distributions, regular dividends, and Section 19(a) notices that explain the estimated sources of distributions among net investment income, realized capital gains, and return of capital.
Corporate announcements from Virtus may highlight strategic transactions, such as the acquisition of a minority interest in Crescent Cove Advisors, LP, which adds a private markets capability focused on lending to high-growth technology companies. Other disclosures include material definitive agreements, such as the Equity Purchase Agreement to acquire a majority interest in Keystone National Group, LLC, and credit agreements that provide term loans and revolving credit facilities.
By reviewing the news associated with VRTS, investors can monitor updates on assets under management, fund distribution policies, strategic investments in alternative and private markets, and financial and regulatory developments affecting Virtus’ multi-manager asset management platform.
DNP Select Income Fund (NYSE: DNP) announced the continuation of its Managed Distribution Plan, maintaining its monthly dividend of 6.5 cents per share. The Plan, adopted in 2007, aims to distribute all available investment income to shareholders, with any shortfall supplemented through long-term capital gains and/or return of capital to maintain the consistent distribution level.
The Fund disclosed that it has distributed more than its income and capital gains, indicating that a portion of distributions may represent a return of capital. Shareholders will receive Form 1099-DIV for tax reporting purposes, with final distribution sources depending on the Fund's investment performance through the fiscal year.
Virtus Investment Partners (NYSE: VRTS) has reported its preliminary assets under management (AUM) as of February 28, 2025. The company's total client assets reached $176.7 billion, comprising $174.5 billion in AUM and $2.2 billion in other fee-earning assets.
The company experienced a decrease in AUM compared to January 31, 2025, primarily due to market performance and net outflows in U.S. retail mutual funds and retail separate accounts. However, this decline was partially offset by positive net flows in exchange-traded funds and global funds.
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) has announced its monthly distribution details under its managed distribution plan. The Fund will maintain its monthly distribution of $0.07 per share, payable March 10, 2025, to shareholders of record as of February 28, 2025.
Under the Plan, established in 2015, the Fund distributes all available investment income to shareholders. When monthly investment income is insufficient, the Fund will distribute realized capital gains and/or return of capital to maintain the $0.07 per share distribution level. The Fund emphasizes that distribution amounts and sources are estimates, and actual tax reporting figures may vary based on the Fund's investment performance and tax regulations.
Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) has announced its quarterly distribution plan under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination thereof.
The fund acknowledges that if aggregate net investment income and realized capital gains fall short of the distribution amount, the difference will be drawn from the fund's assets, resulting in a return of shareholder capital. The fund estimates it has distributed more than its income and capital gains, indicating that a portion of the distribution may represent a return of capital.
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has announced its monthly distributions under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination of both.
The fund emphasizes that if aggregate net investment income and realized capital gains fall short of the distribution amount, the difference will be distributed from Fund assets, resulting in a return of shareholder capital. The fund has already announced its February 2025 distribution.
The announcement includes a reminder that performance figures are based on the Fund's Net Asset Value (NAV) rather than market price. Distribution amounts and sources provided are estimates, with final tax reporting details to be provided via Form 1099-DIV.
Virtus Total Return Fund (NYSE: ZTR) has announced its monthly distributions under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination thereof.
The fund has disclosed that it has distributed more than its income and capital gains, indicating that a portion of the distribution may constitute a return of capital to shareholders. This return of capital occurs when investors receive back part of their original investment and should not be confused with yield or income.
The fund has already announced its February 2025 distribution. Shareholders will receive Form 1099-DIV for calendar year tax reporting purposes, with final distribution sources depending on the fund's investment experience and tax regulations.
Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced its upcoming monthly distributions. The fund notes that the distribution amounts mentioned are estimates only and should not be used for tax reporting purposes.
The actual distribution amounts and sources for tax purposes will be determined based on the Fund's investment performance during the remaining fiscal year. These figures may be subject to adjustments based on tax regulations. Shareholders will receive a Form 1099-DIV for the calendar year, which will provide the official distribution information for federal income tax reporting.
Virtus Equity & Convertible Income Fund (NYSE: NIE) has announced its quarterly distribution under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination of both.
Shareholders are advised that if the Fund's aggregate net investment income and realized capital gains are less than the distribution amount, the difference will be distributed from Fund assets, constituting a return of shareholder capital. The Fund emphasizes that distribution estimates are provided for informational purposes only and should not be used to draw conclusions about investment performance.
The actual distribution amounts and sources for tax purposes will be determined based on the Fund's fiscal year investment performance and may be subject to changes based on tax regulations. Shareholders will receive Form 1099-DIV for calendar year tax reporting purposes.
Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) have announced their monthly distributions to shareholders. The announcement notes that the distribution amounts are estimates and final tax reporting details will be provided via Form 1099-DIV at the end of the calendar year. The actual distribution amounts and sources will be determined based on the fund's investment performance during the remaining fiscal year, subject to tax regulation adjustments.
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced its upcoming monthly distributions. The fund clarified that the distribution amounts mentioned are estimates only and not intended for tax reporting purposes. The actual distribution amounts and sources for tax purposes will be determined based on the Fund's investment performance through the remainder of its fiscal year, subject to potential tax regulation adjustments. Shareholders will receive Form 1099-DIV for calendar year tax reporting purposes.