Virtus Global Multi-Sector Income Fund Announces Monthly Distributions, Payable on December 19, 2023, January 30, 2024 and February 28, 2024 Respectively
November 16, 2023 at 06:05 pm EST
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Virtus Global Multi-Sector Income Fund announced the monthly distribution of $0.08 per share for each month. Ex-Dates are December 8, 2023, January 11, 2024 and February 9, 2024 respectively. Record Dates are December 11, 2023, January 12, 2024 and February 12, 2024 respectively.
Payable Dates are December 19, 2023, January 30, 2024 and February 28, 2024, 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.
Virtus Global Multi-Sector Income Fund Announces Monthly Distributions, Payable on December 19, 2023, January 30, 2024 and February 28, 2024 Respectively