Virtus Global Multi-Sector Income Fund (VGI) To Go Ex-Dividend on March 13th

Virtus Global Multi-Sector Income Fund (NYSE:VGI) announced a monthly dividend on Wednesday, November 20th, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.08 per share on Friday, March 28th. This represents a $0.96 dividend on an annualized basis and a yield of 12.28%. The ex-dividend date of this dividend is Thursday, March 13th.

Virtus Global Multi-Sector Income Fund Price Performance

Virtus Global Multi-Sector Income Fund stock opened at $7.82 on Tuesday. Virtus Global Multi-Sector Income Fund has a 1-year low of $7.18 and a 1-year high of $8.32. The company’s 50-day moving average is $7.77 and its 200 day moving average is $7.90.

Virtus Global Multi-Sector Income Fund Company Profile

Virtus Global Multi-Sector Income Fund is a closed ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc and Newfleet Asset Management, LLC. It invests in fixed income markets across the globe. The fund invests in both investment grade and high yield debt instruments issued by the government, corporate, bank loans, mortgage-backed securities, asset-backed securities, taxable municipal bonds, and tax-exempt municipal bonds.