Virtus Global Multi-Sector Income Fund Announces Monthly Distribution, Payable on April 20, 2022 and May 19, 2022
March 04, 2022 at 03:06 am IST
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Virtus Global Multi-Sector Income Fund announced monthly distribution of $0.08, payable on April 20, 2022 and May 19, 2022 to the recorded shareholders on April 11, 2022 and May 12, 2022 respectively and the ex-date is April 8, 2022 and May 11, 2022 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.