Virtus Global Multi-Sector Income Fund
Virtus Global Multi-Sector Income Fund
Investment Overview
The Fund's investment objective is to maximize current income while preserving capital. The fund seeks to generate high current income and total return by applying extensive credit research 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.
Contact Us
Contact your financial representative for more information.
Email or call for service at
1-866-270-7788
Investment Partner
Newfleet Asset Management, LLC
Newfleet Asset Management leverages the knowledge and skill of a team of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction.
Learn more about Newfleet Asset Management, LLC
Investment Professionals

David L. Albrycht, CFA
President and Chief Investment Officer
Industry start date: 1985
Start date as fund Portfolio Manager: 2012

Benjamin Caron, CFA
Senior Managing Director and Portfolio Manager
Industry start date: 1997
Start date as fund Portfolio Manager: 2012

Kyle A. Jennings, CFA
Senior Managing Director and Head of Credit Research
Industry start date: 1992
Start date as fund Portfolio Manager: 2012

Daniel P. Senecal, CFA
Managing Director and Credit Analyst
Industry start date: 1990
Start date as fund Portfolio Manager: 2012
Performance
YTD | 3 Month | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception |
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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
Expenses
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 returns reflect the performance of the manager. Market price is the price at which investors may purchase or sell shares of the Fund. 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. This characteristic is a risk separate and distinct from the risk that the Fund’s net asset value could decline. The Fund has no control over the market price. 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.
Automatic Reinvestment Plan
This plan offers shareholders a convenient way to acquire additional shares of the fund. Registered holders will be automatically placed in the Plan. If shares are held at a brokerage firm, contact your broker about participation.
Fund Distributions and Managed Distribution Plan
Under the terms of the Fund’s managed distribution policy, the Fund seeks to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund.
The amounts and sources of distributions reported in Section 19(a) Notices are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. Please note that the characterization of Fund distributions for federal income tax purposes is different from book accounting generally accepted account principles (“GAAP”). The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Distribution History2
Ex-Date | Distribution | Reinvest Price | Note |
---|---|---|---|
12/10/2020 | $0.100000 | 11.808383 | |
11/10/2020 | $0.100000 | 11.437178 | |
10/09/2020 | $0.100000 | 10.972639 | |
09/10/2020 | $0.100000 | 11.202801 | |
08/12/2020 | $0.100000 | 11.644515 | |
07/10/2020 | $0.100000 | 11.202271 | |
06/10/2020 | $0.100000 | 11.124173 | |
05/08/2020 | $0.126000 | 10.128512 | |
04/09/2020 | $0.126000 | 9.930880 | |
03/11/2020 | $0.126000 | 8.526998 | |
02/12/2020 | $0.126000 | 13.480000 | |
01/06/2020 | $0.126000 | 12.867768 |
You should not necessarily draw any conclusions about the Fund’s investment performance from the amount of this distribution. Contact your financial representative for more information, or email or call Virtus Closed-End Funds for service at 1-866-270-7788.
Please view the Fund’s Section 19-a notices, which set forth information regarding the composition of the distributions, including any portion that may constitute a return of capital.
Form 8937 Organizational Actions
Disclosures
There can be no assurance that the
This information does not represent an offer, or the solicitation of an offer, to buy or sell securities of the Fund.
Contact your financial representative for more information, or email or call for service at 1-866-270-7788.
Risk Considerations
Automatic Reinvestment
Distributions
January 4, 2021 | |
December 2, 2020 | |
November 19, 2020 | |
November 4, 2020 | |
October 5, 2020 | |
September 8, 2020 | |
August 28, 2020 | |
August 6, 2020 | |
July 6, 2020 | |
June 5, 2020 | |
May 26, 2020 | |
May 4, 2020 | |
April 2, 2020 | |
March 5, 2020 | |
March 4, 2020 | |
February 4, 2020 | |
January 3, 2020 | |
December 6, 2019 | |
December 2, 2019 | |
October 2, 2019 | |
September 25, 2019 | |
August 2, 2019 |
Section 19a Notices
January 2021 | |
December 2020 | |
November 2020 | |
October 2020 | |
September 2020 | |
August 2020 | |
July 2020 | |
June 2020 | |
May 2020 | |
April 2020 | |
March 2020 | |
February 2020 | |
January 2020 | |
December 2019 | |
November 2019 | |
October 2019 | |
September 2019 | |
August 2019 | |
July 2019 | |
June 2019 | |
May 2019 | |
April 2019 | |
March 2019 | |
February 2019 |
News Releases/Communications
June 18, 2020 - Virtus Closed End Funds Remove Options Strategies | |
May 21, 2020 - Virtus Closed End Funds Announce Results of Joint Annual Meeting & Adjournment of Duff & Phelps Select MLP and Midstream Energy Fund | |
April 9, 2020 - Joint Annual Meeting of Shareholders Proxy Statement | |
November 4, 2019 - Virtus Closed End Funds Announce Results of Joint Special Meetings of Shareholders | |
September 3, 2019 - Special Meeting Proxy Statement | |
July 3, 2019 - Virtus Closed-End Funds Announce Joint Special Meetings of Shareholders | |
May 22, 2019 - Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders | |
April 16, 2019 - Proxy Statement | |
October 15, 2018 - Rampart Investment Management Added as Subadviser on Three Virtus Closed-End Funds | |
April 17, 2018 - Proxy Statement | |
September 16, 2016 - Results of Special Meeting of Shareholders | |
August 8, 2016 - Special Proxy Statement | |
August 2, 2016 - Five Closed-End Funds Announce Changes to Board Membership | |
May 22, 2014 - VGI Announces Results of Annual Meeting and Adoption of Options Strategy |