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Closed-End Funds

Virtus 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. Logo

Duff & Phelps Investment Management pursues a limited number of specialized investment strategies with exceptional depth of resources and expertise. Since their earliest beginnings, providing research and analysis of income producing securities to Depression-era investors, their attention has been set on identifying attractive opportunities and strategies, while managing the associated risks. Today, building on their distinguished legacy, Duff & Phelps has earned a reputation as a leader in investing in Global Listed Infrastructure, Global Listed Real Estate, MLPs & Energy, and International Equity. Quality. Reliability. Specialization. Since 1932.

Newfleet Asset Management, LLC Logo

Newfleet is a multi-sector fixed income manager that actively rotates across up to 14 sectors of the bond market. Identifying relative value is the foundation of Newfleet’s process, applied across all multi-sector and dedicated strategies at the sector, industry, and individual security levels. Sector specialists and credit analysts perform in-depth fundamental research to uncover what the firm believes represents attractive relative value.

Kayne Anderson Rudnick Medium Logo

The Kayne Anderson Rudnick 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.

 
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Name AssetClass Name Symbol NAV MP Premium / Discount YTD % Morningstar Rating™
As of
Investment Partner
Name AssetClass Name Symbol Price Change % Change $ YTD % Morningstar Rating ™ Investment Partner
NAV as of Market Performance as of
Name AssetClass Name Symbol 1 Yr 3 Yr 5 Yr 10 Yr Since Inception 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception Date Fund Manager Morningstar ™
Name AssetClass Name Symbol 1 Yr 3 Yr 5 Yr 10 Yr Since Inception 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception Date Fund Manager Morningstar ™
NAV as of Market Performance as of
Name AssetClass Name Symbol 1 Yr 3 Yr 5 Yr 10 Yr Since Inception 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception Date Fund Manager Morningstar ™
Name AssetClass Name Symbol 1 Yr 3 Yr 5 Yr 10 Yr Since Inception 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception Date Fund Manager Morningstar ™

Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate so your shares, when redeemed, may be worth more or less than their original cost.

Performance reflects the deduction of fund operating expenses. Performance does not reflect the incurrence of brokerage expenses, which typically apply to exchange traded products. Total return net of brokerage expenses would be lower than the total returns on market value shown in the table.

Market Performance for periods ending June 30, 2018 for Duff Global Utility Fund is estimated; the June distribution reinvestment price has not been finalized.

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.