Virtus Global Multi-Sector Income Fund Declares Monthly Distribution, Payable on April 19, 2021 and May 20, 2021
March 04, 2021 at 04:30 pm EST
Share
Virtus Global Multi-Sector Income Fund declared a monthly distribution of $0.10 per share, payable on April 19, 2021 and May 20, 2021 with record date of April 12, 2021 and May 13, 2021, and ex-date of April 9, 2021 and May 12, 2021, respectively.
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.