Closed-End FundsVirtus Closed-End Funds are managed by several of our investment affiliates, all experts in their fields and specialists in this unique marketplace.
Duff & Phelps Investment Management Co. offers a product mix comprised of Global Listed Infrastructure, Global Real Estate, Energy & MLPs, and International Equity.
Duff & Phelps Insights
The Kayne Anderson Rudnick (KAR) investment philosophy is that superior risk-adjusted returns may be achieved through investment in high-quality companies with market dominance, excellent management, financial strength, and consistent growth, purchased at reasonable prices.
Take advantage of market insights from Thomas J. Herzfeld Advisors, a leading closed-end fund authority.
|Prices (as of 12/1/2016)||NAV Performance (as of 11/30/2016)||Market Performance (as of 11/30/2016)|
|Symbol||Fund Name||NAV||MP||Premium /
|YTD(%)||1YR||5YR||10YR||Since Incept||YTD(%)||1YR||5YR||10YR||Since Incept||Inception Date|
|ZTR||Virtus Global Dividend & Income Fund Inc.||12.51||11.15||-10.87%||1.31||0.33||6.01||5.25||6.29||0.78||1.91||7.22||2.42||5.43||9/30/1988|
|DNP||DNP Select Income Fund||8.97||10.07||12.28%||19.52||18.67||11.71||8.80||9.08||20.61||15.46||6.94||7.83||8.80||1/21/1987|
|DTF||DTF Tax-Free Income Inc.||15.25||14.24||-6.63%||-2.49||-1.19||4.16||4.27||5.86||-0.14||2.12||3.86||4.77||5.62||11/20/1991|
|DUC||Duff & Phelps Utility and Corporate Bond Trust||9.97||9.15||-8.22%||4.89||3.86||3.61||4.94||6.28||5.88||5.77||1.96||4.88||5.76||1/28/1993|
|DPG||Duff & Phelps Global Utility Income Fund||17.48||14.95||-14.47%||9.43||6.06||5.40||NA||5.72||9.85||8.15||3.35||NA||2.37||7/29/2011|
|DCA||Virtus Total Return Fund||4.57||4.35||-4.81%||13.29||10.09||10.42||-3.19||-0.64||26.00||24.37||13.03||-3.31||-1.47||2/24/2005|
|VGI||Virtus Global Multi-Sector Income Fund||16.57||14.91||-10.02%||14.57||12.45||NA||NA||7.48||18.89||19.11||NA||NA||4.11||2/23/2012|
|DSE||Duff & Phelps Select Energy MLP Fund||7.18||7.42||3.34%||29.93||13.58||NA||NA||-23.78||43.22||17.48||NA||NA||-24.91||6/25/2014|
Performance for DNP Select Income Fund NAV and Market is estimated; the reinvestment price for the November distribution is not finalized.
Market Performance for DTF Tax-Free Income Fund is estimated; the reinvestment price for the November distribution is not finalized.
Market Performance for Duff & Phelps Utility and Corporate Bond Trust is estimated; the reinvestment price for the November distribution is not finalized.
Performance data quoted represents past results. Past performance is no guarantee of future results.
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.
This information does not represent an offer, or the solicitation of an offer, to buy or sell securities of the Fund.
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 (MP) 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.
A closed-end fund is an investment company with a fixed number of shares that typically trades on a major stock exchange, such as the New York Stock Exchange (NYSE), following an initial public offering (IPO). Once capital is raised through the IPO for the fund’s creation, the fund is “closed” and no additional new shares will be issued by the fund. Closed-end funds are actively managed according to the fund’s stated investment objective, and may be invested in stocks, bonds, derivatives, alternative investments, or a combination of securities.