Virtus Investmen Stock Price, News & Analysis

Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) announced its monthly distribution of $0.07 per share, payable December 10, 2024. The November 2024 distribution sources include: 52.8% from net investment income, 34.3% from short-term capital gains, and 12.9% from long-term capital gains.

The Fund's performance metrics show a 5.38% average annual total return on NAV for the past 5 years, with a 39.57% cumulative total return for the fiscal year. The current annualized distribution rate is 6.56% of NAV, while cumulative fiscal year distributions represent 7.11% of NAV.

Virtus Investment Partners (NYSE: VRTS) has launched the Virtus Seix AAA Private Credit CLO ETF (NYSE Arca: PCLO), the first ETF focusing on private credit collateralized loan obligations. The actively managed ETF primarily invests in AAA-rated private credit CLOs, aiming to provide higher income and lower volatility compared to traditional fixed income investments.

The fund is managed by Seix Investment Advisors' John Wu and George Goudelias, leveraging Seix's extensive CLO experience, including management of 10 CLOs with approximately $3.4 billion in assets. This launch expands Virtus ETF Solutions' portfolio, which currently manages $2.6 billion in assets across 20 ETFs as of September 30, 2024.

Virtus Convertible & Income Fund II (NYSE: NCZ) has declared a quarterly cash distribution of $0.34375 per share for its Series A Cumulative Preferred Shares. The distribution is payable on December 31, 2024, to shareholders of record as of December 12, 2024. The preferred shares, trading under NCZ PR A, are rated 'A' by Fitch Ratings with an annual dividend rate of $1.375 per share. Originally issued at $25.00 per share in September 2018, the 4,360,000 preferred shares are now callable at the liquidation value of $25.00 plus accrued dividends.

The Virtus Convertible & Income Fund (NYSE: NCV) has declared a quarterly cash distribution of $0.3515625 per share for its Series A Cumulative Preferred Shares. The distribution will be paid on December 31, 2024, to shareholders of record as of December 12, 2024. The preferred shares, trading under NCV PR A, are rated 'A' by Fitch Ratings and carry an annual dividend rate of $1.40625 per share. Originally issued at $25.00 per share in September 2018, the 4,000,000 shares are now callable at the liquidation value of $25.00 plus accrued dividends.

Virtus Total Return Fund (NYSE: ZTR) announced monthly distributions of $0.05 per share from December 2024 through March 2025. The Fund's distribution analysis reveals that 96.3% of the fiscal year-to-date distributions represent return of capital, with only 3.7% coming from net investment income. The Fund's performance metrics show an average annual total return on NAV of 4.10% for the 5-year period, with a current annualized distribution rate of 8.89%. The fiscal YTD cumulative total return on NAV stands at 18.85%, while the cumulative distribution rate is 8.15%.

Virtus Equity & Convertible Income Fund (NYSE: NIE) has announced quarterly distributions of $0.50 per share, payable on December 30, 2024, and March 28, 2025. The Fund's distribution sources include 57.5% from net realized short-term capital gains and 42.5% from net realized long-term capital gains for the current quarter. The Fund's 5-year average annual total return on NAV is 11.67%, with a current annualized distribution rate of 7.96%. Year-to-date, the Fund has achieved a cumulative total return on NAV of 12.01%.

The Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced its upcoming monthly distributions schedule. The fund will distribute $0.06 per share monthly from December 2024 through March 2025. The distributions are scheduled for December 30, 2024, January 30, 2025, February 27, 2025, and March 28, 2025, with corresponding ex-dates on the 12th or 13th of each month. The announced distribution amounts are estimates and final tax reporting details will be provided via Form 1099-DIV.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) has announced monthly distributions of $0.18 per share for December 2024 through March 2025. The Fund's distribution analysis reveals that 100% of the current monthly distribution comes from Net Realized Short-Term Capital Gains, while the fiscal year-to-date distributions comprise 10% from Short-Term Capital Gains and 90% from Return of Capital. The Fund's performance metrics show an average annual total return on NAV of 11.95% for the 5-year period, with a current annualized distribution rate of 9.85%. The fiscal YTD cumulative total return on NAV stands at 13.36%, with a cumulative distribution rate of 7.39%.

Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) has announced quarterly distributions of $0.305 per share, payable on December 30, 2024, and March 28, 2025. The Fund's distribution sources include: 74.3% return of capital, 15.5% net realized short-term capital gains, and 10.2% net realized long-term capital gains for the current quarter. The Fund reports a 7.78% average annual total return on NAV for the 5-year period and an 8.47% annualized current distribution rate. The fiscal YTD cumulative total return on NAV stands at 7.50%, with a cumulative distribution rate of 8.13%.