Virtus Global Multi-Sector Income Fund Declares Distribution, Payable on June 18, 2021, July 19, 2021, August 19, 2021 and September 20, 2021
May 20, 2021 at 04:15 pm EDT
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Virtus Global Multi-Sector Income Fund announced monthly distribution of $0.08, payable on June 18, 2021, July 19, 2021, August 19, 2021 and September 20, 2021 to the recorded shareholders on June 11, 2021, July 12, 2021, August 12, 2021 and September 13, 2021 respectively and the ex-date is June 10, 2021, July 9, 2021, August 11, 2021 and September 10, 2021 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.