Virtus Investmen Stock Price, News & Analysis

Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV) announced its monthly distributions of $0.18 for April, May, and June 2022. Under its Managed Distribution Plan, the fund aims to maintain a consistent distribution level, partially sourced from net investment income. Shareholders should be aware that distributions exceeding net income and capital gains will be drawn from the fund's assets, potentially affecting capital. The current fiscal year's annualized distribution rate stands at 8.12%, with a cumulative total return on NAV of -1.71% year-to-date.

Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has announced monthly distributions of $0.15 for April, May, and June 2022. The distributions are part of the Managed Distribution Plan, which may include net investment income and realized capital gains. Shareholders should note that if these earnings fall below the distribution level, funds will be drawn from the Fund's assets, resulting in a return of capital. The average annual total return on NAV over five years is 21.61%, with a current fiscal YTD annualized distribution rate of 7.61%.

Virtus Dividend, Interest & Premium Strategy Fund (NFJ) announced a quarterly distribution of $0.245 per share, payable on June 24, 2022. The distribution will be sourced primarily from net realized short-term capital gains (95.1%) and net investment income (4.9%). The ex-date is set for June 10, 2022, with the record date on June 13, 2022. The fund aims for consistent distributions, which may include returns of capital if income is insufficient. Current fiscal year-to-date annualized distribution rate stands at 6.25%, while cumulative total return on NAV reflects -3.98%.

Virtus Total Return Fund Inc. (NYSE: ZTR) announced monthly distributions of $0.08 for April and May 2022. The fund operates under a Managed Distribution Plan, aiming to maintain consistent distribution levels. Shareholders should be aware that the distributions may consist of a return of capital if net investment income and capital gains do not cover the distribution level. For February 2022, the estimated sources of distribution included 20.7% from net investment income, 14.7% from net realized short-term capital gains, and 64.6% from return of capital.

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 AllianzGI Convertible & Income Fund II (NCZ) announced a cash distribution of $0.34375 per share, payable on March 31, 2022, to Series A cumulative preferred shareholders recorded by March 11, 2022. The Series A shares, rated 'A' by Fitch, feature a dividend rate of $1.375 per share, with 4.36 million shares issued at $25.00 each. The distribution covers the period from January 1 to March 31, 2022. Shares are callable post a five-year non-call period ending on September 11, 2023.

Virtus Investment Partners (NASDAQ: VRTS) announced a quarterly cash dividend of $1.50 per common share for Q1 2022. This dividend will be payable on May 13, 2022 to shareholders of record as of the close of business on April 29, 2022. Future dividends will require Board approval. The company operates a multi-boutique asset management business, focusing on the success of both individual and institutional investors.

Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) announced a monthly distribution of $0.15 per share, with an ex-date of February 10, 2022, record date February 11, 2022, and payment date March 1, 2022. Under its Managed Distribution Plan, the fund aims to maintain consistent distributions, possibly using capital returns if net investment income falls short. As of January 31, 2022, the five-year average annual total return on NAV was 23.33%, and the current fiscal YTD annualized distribution rate is 7.44%.

Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV) announced a monthly distribution of $0.18 per share, payable on March 1, 2022. The ex-date is February 10, 2022, and the record date is February 11, 2022. This distribution is part of the Fund's Managed Distribution Plan, with $0.005 from net investment income and $0.175 from net realized short-term capital gains. The estimated fiscal year-to-date annualized distribution rate is 7.93%, while the cumulative total return on NAV is -2.32%.