Virtus Investment Partners Reports Preliminary December 31, 2025 Assets Under Management

Key Terms

assets under management financial

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

aum financial

Assets under management (AUM) is the total market value of investments that a financial firm or fund manages on behalf of clients. Investors watch AUM like the size of a shop: larger AUM can mean more fee revenue, greater market influence and perceived stability, while rapid changes in AUM signal growing popularity or redemptions that may affect future earnings and investment strategy.

open-end funds financial

A pooled investment that continuously issues and redeems shares at a price tied to the value of its holdings, so investors can buy or sell directly with the fund any business day. Think of it like a grocery store that restocks and sells more of the same item on demand: this steady buying and selling affects how much money the manager holds in cash and which assets they must buy or sell, making flows and liquidity important to investors' returns and risk.

closed-end funds financial

A closed-end fund is an investment pool that raises a fixed amount of money by issuing a set number of shares, which then trade on an exchange like stocks. Unlike bank-style mutual funds that buy or sell shares on demand, its market price can sit above or below the fund’s per-share value of holdings (like a used-car market price versus the sticker price), so investors should watch both the traded price and the underlying asset value for potential bargains or risks.

exchange-traded funds financial

An exchange-traded fund is an investment product that bundles many stocks, bonds, or other assets into a single package that trades on a stock exchange like an individual share; think of it as a ready-made basket you can buy or sell throughout the trading day. For investors it matters because ETFs provide easy access to broad exposure, typically lower costs and built-in diversification, and the ability to adjust positions quickly without buying each asset separately.

separate accounts financial

Separate accounts are pools of investments that a financial firm keeps apart from its main assets to manage for a specific client, insurance product, or institutional mandate. They matter to investors because the account’s gains, losses and risks apply only to the clients linked to it rather than the firm overall, so returns and protections can differ from pooled or company‑backed assets—think of it like a private toolbox reserved for a single job instead of shared with everyone.

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $159.5 billion and other fee earning assets of $1.8 billion for total client assets of $161.3 billion as of December 31, 2025. The change in AUM from September 30, 2025 reflects market performance and net outflows in U.S. retail funds, institutional accounts, and retail separate accounts, partially offset by positive net flows in exchange-traded funds. Preliminary average AUM for the quarter was $165.2 billion.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	December 31, 2025			November 30, 2025			September 30, 2025
Open-End Funds (1)	$	52,759		$	54,053		$	55,724
Closed-End Funds		10,635			10,994			10,867
Retail Separate Accounts (2)		43,091			44,083			46,798
Institutional Accounts (3)		53,008			55,055			55,936
Total Assets Under Management	$	159,493		$	164,185		$	169,325
By Asset Class:	December 31, 2025			November 30, 2025			September 30, 2025
Equity	$	82,584		$	86,915		$	92,066
Fixed Income		39,879			39,572			39,750
Multi-Asset (4)		21,617			22,092			22,078
Alternatives (5)		15,413			15,606			15,431
Total Assets Under Management	$	159,493		$	164,185		$	169,325

(1)		Represents assets under management of U.S. retail funds, global funds, and exchange-traded funds
(2)		Includes strategies for which investment models are provided to managed account sponsors
(3)		Represents assets under management of institutional separate and commingled accounts including structured products
(4)		Consists of multi-asset offerings not included in equity, fixed income, and alternatives
(5)		Consists of real estate securities, managed futures, event-driven, infrastructure, and other strategies

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

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Investor Relations Contact:

Sean Rourke

(860) 263-4709

sean.rourke@virtus.com

Media Relations Contact:

Laura Parsons

(860) 503-1382

laura.parsons@virtus.com

Source: Virtus Investment Partners