Virtus Global Multi-Sector Income Fund Announces Distributions, Payable on December 19, 2022, January 10, 2023 and February 24, 2023
November 17, 2022 at 04:29 pm EST
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Virtus Global Multi-Sector Income Fund announced monthly distribution of $0.08, payable on December 19, 2022, January 10, 2023 and February 24, 2023 to the recorded shareholders on December 12, 2022, December 30, 2022 and February 13, 2023 respectively and the ex-date is December 9, 2022, January 5, 2023 and February 10, 2023 respectively.
Virtus Global Multi-Sector Income Fund (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to maximize current income while preserving capital. The Fund seeks to generate high current income and total return by applying credit research to capitalize on opportunities across undervalued sectors of the global bond markets. The Fund's portfolio includes sectors, such as consumer discretionary, energy, consumer staples, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services and utilities. The Fund may invest in direct debt instruments, which are interests in amounts owed by a corporate, governmental, or other borrower to lenders or lending syndicates. The Fund may invest in obligations of borrowers in bankruptcy proceedings. The investment adviser of the Fund's is Virtus Investment Advisers, Inc. Newfleet Asset Management, LLC serves as the Fund's sub-advisor.