Virtus Global Multi-Sector Income Fund Announces Monthly Distributions, Payable on September 21, 2023, October 24, 2023 and November 24, 2023 Respectively
August 31, 2023 at 04:45 pm EDT
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Virtus Global Multi-Sector Income Fund announced the monthly distribution of $0.08 per share for each month. Ex-Date is September 8, 2023, October 11, 2023 and November 10, 2023. Record Date is September 11, 2023, October 12, 2023 and November 13, 2023; Payable Date is September 21, 2023, October 24, 2023 and November 24, 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.
Virtus Global Multi-Sector Income Fund Announces Monthly Distributions, Payable on September 21, 2023, October 24, 2023 and November 24, 2023 Respectively