NYSE:VGI

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

$7.32
+0.05 (+0.69%)
(As of 04/23/2024 ET)
Today's Range
$7.28
$7.33
50-Day Range
$7.20
$7.66
52-Week Range
$6.68
$7.99
Volume
33,385 shs
Average Volume
44,655 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
13.11%
Price Target
N/A
VGI stock logo

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

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.

VGI Stock Price History

VGI Stock News Headlines

AB Taxable Multi-Sector Income Shares
Virtus Global Multi-Sector Income Fund (VGI)
Exposed: 10 CENT Crypto to Explode April 20th?
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Virtus Global Multi-Sector Income Fund
CMBNX American Funds Multi-Sector Income Fund Class 529-T
Virtus Investment declares $1.90 dividend
Exposed: 10 CENT Crypto to Explode April 20th?
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Virtus Total Return Fund Inc. Rights Offering Declared Effective
See More Headlines
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Company Calendar

Ex-Dividend for 4/29 Dividend
4/10/2024
Today
4/24/2024
Dividend Payable
4/29/2024
Ex-Dividend for 5/30 Dividend
5/10/2024
Dividend Payable
5/30/2024

Industry, Sector and Symbol

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

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$5.60 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. George Robert Aylward Jr. (Age 60)
    C.P.A., Pres and Trustee
  • Mr. William Patrick Bradley III (Age 52)
    CPA, Chief Financial Officer, VP and Treasurer
  • Mr. Francis George Waltman (Age 61)
    Sr. VP
  • Mr. David Leon Albrycht C.F.A.
    Pres, Chief Investment Officer & Sr. Portfolio Mang.
  • Mr. Benjamin L. Caron C.F.A.
    CFA, Managing Director and Portfolio Mang.
  • Mr. Kyle A. Jennings
    MD, Head of Corp. Credit Research, Portfolio Mang. and Leveraged Fin. Sector Mang.
  • Mr. Daniel P. Senecal CFA
    Managing Director of Credit Research and Portfolio Mang.

VGI Stock Analysis - Frequently Asked Questions

How have VGI shares performed in 2024?

Virtus Global Multi-Sector Income Fund's stock was trading at $7.83 at the start of the year. Since then, VGI shares have decreased by 6.5% and is now trading at $7.32.
View the best growth stocks for 2024 here
.

Are investors shorting Virtus Global Multi-Sector Income Fund?

Virtus Global Multi-Sector Income Fund saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 50,200 shares, an increase of 445.7% from the March 15th total of 9,200 shares. Based on an average trading volume of 118,100 shares, the days-to-cover ratio is presently 0.4 days.
View Virtus Global Multi-Sector Income Fund's Short Interest
.

How often does Virtus Global Multi-Sector Income Fund pay dividends? What is the dividend yield for Virtus Global Multi-Sector Income Fund?

Virtus Global Multi-Sector Income Fund announced a dividend on Wednesday, April 10th. Stockholders of record on Thursday, April 11th will be given a dividend of $0.08 per share on Monday, April 29th. This represents a dividend yield of 12.66%. The ex-dividend date is Wednesday, April 10th.
Read our dividend analysis for VGI
.

Is Virtus Global Multi-Sector Income Fund a good dividend stock?

Virtus Global Multi-Sector Income Fund (NYSE:VGI) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.12%.
Read our dividend analysis for VGI.

What other stocks do shareholders of Virtus Global Multi-Sector Income Fund own?
Who are Virtus Global Multi-Sector Income Fund's major shareholders?

Virtus Global Multi-Sector Income Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include Claro Advisors LLC (0.00%) and SeaCrest Wealth Management LLC (0.00%). Insiders that own company stock include Connie D Mcdaniel and Sarah E Cogan.
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.

This page (NYSE:VGI) was last updated on 4/24/2024 by MarketBeat.com Staff

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