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Daily Price (as of 4/17/2014)

NAV Per Share: 19.22
Closing Market Price: 17.14
Premium/Discount: -10.82%

Key Stats (as of 4/17/2014)

Inception: 2/23/2012
Ticker: VGI
CUSIP: 92829B101
Net Assets: $216,370,924
Total Managed Assets: $309,370,924

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Financials

Virtus Global Multi-Sector Income Fund

Contact Us

Contact your financial representative for more information.

Email or call for service at
1-866-270-7788

Investment Opportunity

The fund seeks to generate high current income and total return by applying extensive credit research and a time-tested approach to capitalize on opportunities across undervalued sectors of the global bond markets. The portfolio seeks global diversification among 14 sectors in order to potentially increase return and manage risk. A team of investment professionals provides significant research depth across all sectors of the global bond markets.

Management Team

David L. Albrycht, CFA

David L. Albrycht, CFA
Newfleet Asset Management
Industry start date: 1985
Start date with Fund: 2012

Benjamin Caron, CFA

Benjamin Caron, CFA
Newfleet Asset Management
Industry start date: 1997
Start date with Fund: 2012

Kyle A. Jennings, CFA

Kyle A. Jennings, CFA
Newfleet Asset Management
Industry start date: 1992
Start date with Fund: 2012

Daniel P. Senecal, CFA

Daniel P. Senecal, CFA
Newfleet Asset Management
Industry start date: 1990
Start date with Fund: 2012

Performance (as of 3/31/2014)

Net Asset Value (NAV)
YTD One Year Five Years Ten Years Since Inception
4.03% 3.88% NA NA 8.79%
Market Price
YTD One Year Five Years Ten Years Since Inception
2.93% -3.81% NA NA 0.13%

Distribution History

Ex-Date Distribution Reinvest Price Note
3/11/2014 0.120000 16.868193
2/11/2014 0.120000 16.918323
1/3/2014 0.272000 16.933331
12/10/2013 0.120000 16.819513
11/7/2013 0.120000 16.691326
10/9/2013 0.120000 17.485310
9/11/2013 0.120000 16.902093
8/8/2013 0.120000 16.492245
7/9/2013 0.120000 17.517910
6/11/2013 0.120000 17.512842
5/9/2013 0.117000 19.308598

Net Asset Value vs. Market Price 

Net Asset Value (NAV) represents the total value of all assets held by the Fund (minus its total liabilities), divided by the total number of common shares outstanding. The net asset value reflects the performance of the manager.  Market price is the price at which investors may purchase or sell shares of the Fund on the New York Stock Exchange. Market price is determined in the open market by buyers and sellers, based on supply and demand. The Fund’s Market Price fluctuates throughout the day and may differ from its underlying NAV. Shares of the Fund may trade at a premium (higher than) or a discount (lower than) to NAV. The fund has no control over the stock price on the New York Stock Exchange. The difference between the market price and the NAV (Premium/Discount) is expressed as a percentage of NAV. Average annual total return is the annual compound return for the indicated period. It reflects the change in share price and the reinvestment of all dividends and capital gains. 

Disclosures

The Virtus Global Multi-Sector Income Fund is a closed-end fund traded on the New York Stock Exchange (Symbol VGI). Shares must be purchased through a professional financial advisor.

Shares of closed-end investment companies such as the fund trade in the market above, at, and below net asset value. This characteristic is a risk separate and distinct from the risk that the fund’s net asset value could decline. The fund is not able to predict whether its shares will trade above, below, or at net asset value in the future.

There can be no assurance that the fund will achieve its investment objectives.

This information does not represent an offer, or the solicitation of an offer, to buy or sell securities of the Fund.

Performance data quoted represents past results. Past performance is no guarantee of future results.

Contact your financial representative for more information, or email or call for service at 1-866-270-7788.

 

 

Fund Risks

Investing internationally, especially in emerging markets, involves additional risks such as currency, political, accounting, economic, and market risk.

There is a greater level of credit risk and price volatility involved with high yield securities than investment grade securities.

Debt securities are subject to various risks, the most prominent of which are credit and interest rate risk. The issuer of a security may fail to make payments in a timely manner. Values of debt securities may rise and fall in response to changes in interest rates. This risk may be enhanced with longer-term maturities.

Changes in interest rates can cause both extension and prepayment risks for asset and mortgage-backed securities. These securities are also subject to risks associated with the repayment of underlying collateral.

When a fund leverages its portfolio, the value of its shares may be more volatile and all other risks may be compounded.