Virtus Global Multi-Sector Income Fund Declares Monthly Distribution for March, April and May 2019, Payable on March 18, 2019, April 18, 2019 and May 20, 2019 Respectively
February 27, 2019 at 02:54 pm EST
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Virtus Global Multi-Sector Income Fund announced the monthly distribution of $0.126 per share for March, April and May 2019. The distribution will be paid on March 18, 2019, April 18, 2019 and May 20, 2019 respectively to all shareholders of record on March 11, 2019, April 11, 2019 and May 13, 2019. The ex-distribution dates are March 8, 2019, April 10, 2019 and May 10, 2019 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 for March, April and May 2019, Payable on March 18, 2019, April 18, 2019 and May 20, 2019 Respectively