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Virtus Investment Partners Inc - VRTS STOCK NEWS

Welcome to our dedicated news page for Virtus Investment Partners (Ticker: VRTS), a resource for investors and traders seeking the latest updates and insights on Virtus Investment Partners.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Virtus Investment Partners's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Virtus Investment Partners's position in the market.

Rhea-AI Summary
Virtus Investment Partners, Inc. (VRTS) reported preliminary assets under management of $176.1 billion as of February 29, 2024, showing growth from the previous month. The company also serviced $2.6 billion of other fee-earning assets. The assets were distributed across various product types and asset classes, with notable increases in Equity and Institutional Accounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
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Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced additions to its portfolio management team and monthly distributions for March, April, May, and June 2024. Darin Batchman and Richard Lange joined the team as portfolio managers. The distributions are estimated and subject to change based on investment experience.
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Rhea-AI Summary
Virtus Total Return Fund Inc. (NYSE: ZTR) announced new additions to its portfolio management team and monthly distributions for March, April, May, and June 2024. The Fund added Rodney C. Clayton, CFA, and Steven Wittwer, CFA, with a combined 45 years of industry experience. The Fund's Managed Distribution Plan aims to maintain a consistent distribution level from net investment income and realized capital gains. Shareholders should be aware that any shortfall in income and gains will be distributed from the Fund's assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
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Rhea-AI Summary
Virtus Dividend, Interest & Premium Strategy Fund (NFJ) announced a 14% increase in its quarterly distribution to $0.280 per share, effective March 8, 2024. The Fund aims to enhance shareholder value by offering a more attractive distribution rate and reducing the discount to net asset value. This new distribution equates to a per annum rate of approximately 9.1% based on market price and 7.7% based on NAV.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
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dividends
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Rhea-AI Summary
Virtus Convertible & Income 2024 Target Term Fund (CBH) announces termination plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
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Rhea-AI Summary
Virtus Equity & Convertible Income Fund (NIE) declared a quarterly distribution of $0.50 per share, payable on March 28, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains, with any shortfall covered by the Fund's assets.
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Rhea-AI Sentiment
End-of-Day
1%
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Rhea-AI Summary
Virtus Convertible & Income Fund II (NCZ) declares a $0.34375 per share cash distribution for Series A cumulative preferred shareholders. The shares, rated 'A' by Fitch Ratings, have an annual dividend rate of $1.375 per share and were issued at $25.00 per share in 2018.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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Rhea-AI Summary
Virtus Convertible & Income Fund (NCV) declared a $0.3515625 per share cash distribution for Series A cumulative preferred shareholders. The shares are rated 'A' by Fitch Ratings with an annual dividend rate of $1.40625 per share. The distribution represents the accrual period from January 1, 2024, through March 31, 2024.
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Rhea-AI Summary
Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) have announced upcoming distributions on their common shares. NCV will distribute $0.034 per share on various dates in 2024, while NCZ will distribute $0.030 per share on the same dates. These amounts are estimates and not for tax reporting purposes.
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Virtus Artificial Intelligence & Technology Opportunities Fund (VRTS) announces monthly distributions for March, April, May, and June 2024. The Fund aims to maintain a consistent distribution level from net investment income and capital gains.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
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Virtus Investment Partners Inc

Nasdaq:VRTS

VRTS Rankings

VRTS Stock Data

1.61B
6.65M
6.08%
83.73%
1.25%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Hartford

About VRTS

in latin, virtus connotes the characteristics of integrity, quality and strength. those are the traits we stand for today as an investment management provider and the traits that will define us in the future. virtus investment partners provides investment management products and services to individuals and institutions. we operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. we clearly understand the responsibility we have to our clients and we are committed to their success as investors. for important disclaimers, go to https://www.virtus.com/social-media-guidelines