Virtus Global Multi-Sector Income Fund is a closed ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc. and Newfleet Asset Management, LLC. It invests in fixed income markets across the globe. The fund invests in both investment grade and high yield debt instruments issued by the government, corporate, bank loans, mortgage-backed securities, asset-backed securities, taxable municipal bonds, and tax-exempt municipal bonds. It invests in securities with average duration which varies within three years (plus or minus) of the duration of the Barclays Global Aggregate Bond Index. The fund employs fundamental analysis with a top-down and bottom-up stock picking approach while focusing on factors such as yield and spreads, supply and demand, investment environment, sector fundamentals, assessment of credit risk, company management, issue structure, technical market conditions, and valuations to create its portfolio. It seeks to benchmark the performance of its portfolio against the Barclays Global Aggregate Bond Index. The fund was formerly known as Virtus-Newfleet Global Multi-Sector Income Fund. Virtus Global Multi-Sector Income Fund was formed on February 23, 2012 and is domiciled in the United States.
Industry, Sector and Symbol
Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
SectorMiscellaneous
Phone800-248-7971
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Virtus Global Multi-Sector Income Fund (NYSE:VGI) Frequently Asked Questions
What is Virtus Global Multi-Sector Income Fund's stock symbol?
Virtus Global Multi-Sector Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "VGI."
How often does Virtus Global Multi-Sector Income Fund pay dividends? What is the dividend yield for Virtus Global Multi-Sector Income Fund?
Virtus Global Multi-Sector Income Fund announced a monthly dividend on Thursday, February 28th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.126 per share on Monday, March 18th. This represents a $1.51 annualized dividend and a yield of 12.35%. The ex-dividend date of this dividend is Friday, March 8th. View Virtus Global Multi-Sector Income Fund's Dividend History.
Has Virtus Global Multi-Sector Income Fund been receiving favorable news coverage?
News headlines about VGI stock have been trending somewhat negative on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virtus Global Multi-Sector Income Fund earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the next few days.
Who are some of Virtus Global Multi-Sector Income Fund's key competitors?
Some companies that are related to Virtus Global Multi-Sector Income Fund include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), Advent Claymore Convertible Secrts &IFII (AGC), Alliance California Municipal IncmFndInc (AKP), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC) and BLACKROCK 2022/COM (BGIO).
What other stocks do shareholders of Virtus Global Multi-Sector Income Fund own?
Who are Virtus Global Multi-Sector Income Fund's key executives?
Virtus Global Multi-Sector Income Fund's management team includes the folowing people:
- Mr. George Robert Aylward Jr., CPA, Pres and Trustee (Age 55)
- Mr. William Patrick Bradley III, Chief Financial Officer, VP and Treasurer (Age 47)
- Ms. Nancy Jean Engberg J.D., Chief Compliance Officer and VP (Age 63)
- Mr. William J. Renahan, Chief Legal Officer, VP and Sec. (Age 50)
- Mr. Francis George Waltman, Sr. VP (Age 57)
Who are Virtus Global Multi-Sector Income Fund's major shareholders?
Virtus Global Multi-Sector Income Fund's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Usca Ria LLC (0.00%), RMB Capital Management LLC (0.00%), Shaker Financial Services LLC (0.00%), Geode Capital Management LLC (0.00%), Geode Capital Management LLC (0.00%) and Bank of America Corp DE (0.00%). Company insiders that own Virtus Global Multi-Sector Income Fund stock include Brian T Zino and James B Rogers Jr. View Institutional Ownership Trends for Virtus Global Multi-Sector Income Fund.
Which institutional investors are selling Virtus Global Multi-Sector Income Fund stock?
Which institutional investors are buying Virtus Global Multi-Sector Income Fund stock?
VGI stock was purchased by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Geode Capital Management LLC, Geode Capital Management LLC, Bank of America Corp DE, Usca Ria LLC, Stifel Financial Corp, Flagship Harbor Advisors LLC and Raymond James & Associates. Company insiders that have bought Virtus Global Multi-Sector Income Fund stock in the last two years include Brian T Zino and James B Rogers Jr. View Insider Buying and Selling for Virtus Global Multi-Sector Income Fund.
How do I buy shares of Virtus Global Multi-Sector Income Fund?
Shares of VGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Virtus Global Multi-Sector Income Fund's stock price today?
One share of VGI stock can currently be purchased for approximately $12.24.
What is Virtus Global Multi-Sector Income Fund's official website?
How can I contact Virtus Global Multi-Sector Income Fund?
Virtus Global Multi-Sector Income Fund's mailing address is 100 Pearl St, HARTFORD, CT 06103-4506, United States. The company can be reached via phone at 800-248-7971.
MarketBeat Community Rating for Virtus Global Multi-Sector Income Fund (NYSE VGI)
MarketBeat's community ratings are surveys of what our community members think about Virtus Global Multi-Sector Income Fund and other stocks. Vote "Outperform" if you believe VGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
