Virtus Global Multi-Sector Income Fund Declares Monthly Distribution, Payable on December 18, 2020, January 11, 2021, February 19, 2021, and March 18, 2021
November 19, 2020 at 09:45 am EST
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Virtus Global Multi-Sector Income Fund declared a monthly distribution of $0.10 per share, payable on December 18, 2020, January 11, 2021, February 19, 2021, and March 18, 2021 with record date of December 11, 2020, December 31, 2020, February 11, 2021, and March 11, 2021, and ex-date of December 10, 2020, January 6, 2021, February 10, 2021, and March 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.
Virtus Global Multi-Sector Income Fund Declares Monthly Distribution, Payable on December 18, 2020, January 11, 2021, February 19, 2021, and March 18, 2021