Virtus Global Multi-Sector Income Fund Announces Monthly Distribution Payable on December 19, 2019, January 9, 2020, February 21, 2020 and March 19, 2020
December 02, 2019 at 06:38 pm IST
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Virtus Global Multi-Sector Income Fund announced monthly distribution of $0.126 per unit payable on December 19, 2019, January 9, 2020, February 21, 2020 and March 19, 2020. Ex-dates are December 11, 2019, January 6, 2020, February 12, 2020 and March 11, 2020 and record dates are December 12, 2019, December 31, 2019, February 13, 2020, March 12, 2020 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 Distribution Payable on December 19, 2019, January 9, 2020, February 21, 2020 and March 19, 2020