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NYSE:VGI

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

Virtus Global Multi-Sector Income Fund logo
$7.91 +0.02 (+0.25%)
(As of 11/22/2024 ET)

About Virtus Global Multi-Sector Income Fund Stock (NYSE:VGI)

Key Stats

Today's Range
$7.88
$7.99
50-Day Range
$7.86
$8.19
52-Week Range
$6.71
$8.32
Volume
25,413 shs
Average Volume
38,576 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
12.14%
Price Target
N/A
Consensus Rating
N/A

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.

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VGI Stock News Headlines

Virtus Global Multi-Sector Income Fund Announces Distributions
Breaking News: Tesla headed to $500…
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Virtus Income & Growth Fund Institutional Class
Voya Global Diversified Payment Fund Q2 2024 Commentary
See More Headlines

VGI Stock Analysis - Frequently Asked Questions

Virtus Global Multi-Sector Income Fund's stock was trading at $7.83 at the beginning of 2024. Since then, VGI stock has increased by 1.0% and is now trading at $7.91.
View the best growth stocks for 2024 here
.

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

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.

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
Today
11/23/2024
Dividend Payable
11/27/2024
Ex-Dividend for 12/30 Dividend
12/12/2024
Dividend Payable
12/30/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
Financial Services
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$8.97 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:VGI) was last updated on 11/23/2024 by MarketBeat.com Staff
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