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Virtus adds Monegy as subadviser for High Yield Income Fund

Virtus Investment Partners has selected HIM Monegy, Inc. to subadvise the Virtus High Yield Income Fund.  Monegy, a subsidiary of Harris Investments, is a boutique investment management firm specializing in managing credit risk assets, including corporate bonds and bank loans, and its defensive approach to high-yield investing employs quantitative analytics and fundamental research with a view towards optimizing risk-adjusted returns, while providing downside protection. News Release.