Virtus Global Multi-Sector Income Fund (VGI) Stock Price, News & Analysis

Company Overview

Virtus Global Multi-Sector Income Fund is a closed ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc. and Newfleet Asset Management, LLC. It invests in fixed income markets across the globe. The fund invests in both investment grade and high yield debt instruments issued by the government, corporate, bank loans, mortgage-backed securities, asset-backed securities, taxable municipal bonds, and tax-exempt municipal bonds. It invests in securities with average duration which varies within three years (plus or minus) of the duration of the Barclays Global Aggregate Bond Index. The fund employs fundamental analysis with a top-down and bottom-up stock picking approach while focusing on factors such as yield and spreads, supply and demand, investment environment, sector fundamentals, assessment of credit risk, company management, issue structure, technical market conditions, and valuations to create its portfolio. It seeks to benchmark the performance of its portfolio against the Barclays Global Aggregate Bond Index. The fund was formerly known as Virtus-Newfleet Global Multi-Sector Income Fund. Virtus Global Multi-Sector Income Fund was formed on February 23, 2012 and is domiciled in the United States.

Key Stats

• Today's Range: $7.64 to $7.73
• 50-Day Range: $7.64 to $8.14
• 52-Week Range: $7.18 to $8.32
• Volume: 30,708 shs
• Average Volume: 38,655 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 12.47%
• Price Target: N/A
• Consensus Rating: N/A

VGI Stock Analysis - Frequently Asked Questions

How have VGI shares performed this year?

Virtus Global Multi-Sector Income Fund's stock was trading at $7.83 on January 1st, 2024. Since then, VGI shares have decreased by 1.7% and is now trading at $7.70.
View the best growth stocks for 2024 here.

Who are Virtus Global Multi-Sector Income Fund's major shareholders?

Top institutional shareholders of Virtus Global Multi-Sector Income Fund include Shaker Financial Services LLC, Fiera Capital Corp, Rivernorth Capital Management LLC and Rivernorth Capital Management LLC.
View institutional ownership trends.

How do I buy shares of Virtus Global Multi-Sector Income Fund?

Shares of VGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Virtus Global Multi-Sector Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Virtus Global Multi-Sector Income Fund investors own include AGNC Investment (AGNC), Rithm Capital (RITM), Oxford Lane Capital (OXLC), Annaly Capital Management (NLY), FS KKR Capital (FSK), Pimco Dynamic Income Opportunities Fund (PDO) and SLR Investment (SLRC).

Company Calendar

• Ex-Dividend for 11/27 Dividend: 11/12/2024
• Dividend Payable: 11/27/2024
• Today: 12/26/2024
• Ex-Dividend for 1/30 Dividend: 1/13/2025
• Dividend Payable: 1/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:VGI
• CUSIP: N/A
• CIK: 1528811
• Web: www.virtus.com
• Phone: 800-248-7971
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $8.97 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A