Virtus Global Multi-Sector Income Fund (VGI) Plans Monthly Dividend of $0.13

Virtus Global Multi-Sector Income Fund (NYSE:VGI) declared a monthly dividend on Thursday, May 23rd, Wall Street Journal reports. Stockholders of record on Monday, August 12th will be paid a dividend of 0.126 per share on Monday, August 19th. This represents a $1.51 annualized dividend and a dividend yield of 12.34%. The ex-dividend date is Friday, August 9th.

Shares of Virtus Global Multi-Sector Income Fund stock opened at $12.25 on Friday. Virtus Global Multi-Sector Income Fund has a 52 week low of $10.32 and a 52 week high of $14.26.

A hedge fund recently raised its stake in Virtus Global Multi-Sector Income Fund stock. Geode Capital Management LLC grew its holdings in Virtus Global Multi-Sector Income Fund (NYSE:VGI) by 285.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,344 shares of the company’s stock after acquiring an additional 56,517 shares during the period. Geode Capital Management LLC’s holdings in Virtus Global Multi-Sector Income Fund were worth $845,000 as of its most recent filing with the Securities & Exchange Commission.

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About Virtus Global Multi-Sector Income Fund

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.

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Dividend History for Virtus Global Multi-Sector Income Fund (NYSE:VGI)

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