Virtus Global Multi-Sector Income Fund Announces Monthly Distribution, Payable on February 19, 2021; and Provides Dividend Guidance for the Month and Year to Date January 2021
February 03, 2021 at 03:43 am IST
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Virtus Global Multi-Sector Income Fund announced monthly distribution of $0.10 per share. Ex- date is February 10, 2021. Record date is February 11, 2021. Payable date is February 19, 2021.
The company also provided dividend guidance of $0.10 per share for the month and year to date January 2021.
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 February 19, 2021; and Provides Dividend Guidance for the Month and Year to Date January 2021