Virtus Investment Partners

Virtus Investment Partners, Inc. is an asset management company, which engages in the provision of investment management and related services to individuals and institutions. It offers financial solutions and products such as mutual funds, managed accounts, institutional, closed-end funds, Virtus variable insurance trust funds, and other portfolio. The company was founded on November 1, 1995, and is headquartered in Hartford, CT.

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Virtus Investment Partners reports mixed Q4 performance, eyes global expansion

Virtus Investment Partners showed mixed performance with AUM growth despite net outflows and a decline in operating income.
Strong investment performance and capital management highlight key strengths, while challenges in profitability and operational efficiency persist.
Opportunities lie in strategic partnerships, growth strategies, and global expansion efforts for future success.

Virtus Investment Partners reports strong Q1 performance and growth opportunities

Virtus Investment Partners delivered a solid performance in Q1 2023 with improved fund flows, strong investment performance, and a well-positioned balance sheet.
While facing challenges such as net outflows and lower institutional sales, the company's strengths in diversified AUM and fee stability position it well for growth.
Opportunities lie in leveraging positive net flows, enhancing client retention strategies, and exploring revenue-generating avenues for sustained success.

Virtus Investment Partners reports robust Q2 earnings and growth strategies

Virtus Investment Partners delivered a strong performance in Q2 2023, marked by significant growth in assets under management, sales, and operating margin. The company's focus on capital management, growth initiatives, and shareholder value creation underscores its commitment to long-term success. While facing challenges in fee rates and market dynamics, Virtus is well-positioned to seize opportunities for expansion and innovation.

Virtus Investment Partners reports improved earnings, focuses on international expansion

Virtus Investment Partners delivered a solid performance in Q3 2023, with improved operating margin and earnings per share. While facing challenges in institutional fund outflows, the company is leveraging strengths in retail sales and strategic investments to drive growth. Opportunities lie in international expansion and the growth of the ETF platform.

Virtus Investment Partners reports stable Q4 performance amidst growth focus

Virtus Investment Partners showed resilience in managing assets and sales growth despite challenges in outflows and fee reduction.
Efficient cost control and debt management position the company well for future stability and growth opportunities.
Strategies to address institutional outflows and enhance fee generation can further strengthen financial performance.
Overall, Virtus remains focused on expanding its market presence and optimizing operational efficiency for sustained success.

Virtus Investment Partners excels in Q1 2024, eyes strategic growth

Virtus Investment Partners delivered a robust performance in Q1 2024, marked by significant growth in assets under management, sales, and earnings per share, supported by positive net flows and operational improvements.
The company's strong reputation, diversified product offerings, and strategic financial management underscore its resilience and potential for future growth, despite facing challenges related to outflows and strategic decision-making.
With a focus on enhancing shareholder value and exploring growth opportunities, Virtus is well-positioned to navigate challenges, capitalize on opportunities, and drive sustainable long-term success in the competitive asset management industry.

Virtus Investment Partners reports resilient Q2 performance amid market challenges

Virtus Investment Partners demonstrated resilience and growth in key segments despite challenges in net outflows and market performance.
Strategic actions to maintain capital flexibility and enhance shareholder value underscore the company's commitment to sustainable growth.
Addressing market dynamics, exploring M&A opportunities, and refining pricing strategies can position Virtus for future success and market leadership.

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HARTFORD, Conn., Jan. 21, 2022 /PRNewswire/ --  Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it will release its financial results for the fourth quarter of 2021 before the market opens on Friday, February 4, 2022, followed by a conference call with the investment community at 10:00 a.m.

Virtus Investment Partners to Announce Fourth Quarter 2021 Results on Friday, February 4

HARTFORD, Conn., Jan. 11, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) of $187.2 billion as of December 31, 2021.

Virtus Investment Partners Reports Preliminary December 31, 2021 Assets Under Management

HARTFORD, Conn., Jan. 3, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today completed the previously announced acquisition of Stone Harbor Investment Partners, a premier manager of emerging markets debt, multi-asset credit, global corporates, and other strategies with $14.5 billion 1 of assets under management.

Virtus Investment Partners Closes on Acquisition of Stone Harbor Investment Partners

DTF Tax-Free Income

CHICAGO, Dec. 16, 2021 /PRNewswire/ -- The Board of Directors of DTF Tax-Free Income Inc. (NYSE: DTF) (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on the Fund's common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 3.25 January 14, 2022 January 18, 2022 January 31, 2022 3.25 February 14, 2022 February 15, 2022 February 28, 2022 3.25 March 14, 2022 March 15, 2022 March 31, 2022 As previously announced, at the annual meeting of shareholders on February 26, 2021, shareholders approved amendments to the Fund's charter that establish a limited term of existence for the Fund and will cause the Fund to cease to exist on March 1, 2028, or such earlier date as may be determined by the Fund's Board.  Under the charter amendments, the Board is also authorized to extend the term of the Fund to have a perpetual existence once again, subject to the Fund having conducted a tender offer meeting certain conditions.

DTF TAX-FREE INCOME INC. ANNOUNCES DIVIDENDS AND NAME CHANGE

Virtus Investment's (VRTS) November AUM is down 1.5% to $184.5 billion due to lower open-end and closed-end funds' balances.

Virtus Investment (VRTS) November AUM Down 1.5% Sequentially

HARTFORD, Conn., Dec. 9, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) as of November 30, 2021 of $184.5 billion.

Virtus Investment Partners Reports Preliminary November 30, 2021 Assets Under Management

Virtus AllianzGI Convertible & Income Fund II

HARTFORD, Conn., Dec. 1, 2021 /PRNewswire/ --  Virtus AllianzGI Convertible & Income Fund II (NYSE: NCZ),  announced today that it has declared a $0.34375 per share cash distribution payable on December 31, 2021 to Series A cumulative preferred shareholders of record on December 13, 2021.

Virtus AllianzGI Convertible & Income Fund II Declares Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

VRTS had good Q3 results and a great 2021 with 40% stock price appreciation.

Virtus Investment Partners: Not The Best Choice For Income Investors, Just Yet

Virtus Global Multi-Sector Income Fund

HARTFORD, Conn., Nov. 18, 2021 /PRNewswire/ -- Virtus Global Multi-Sector Income Fund (NYSE: VGI), a diversified closed-end fund, today announced that it will remove its managed distribution plan, effective with the December distribution.

Virtus Global Multi-Sector Income Fund to Remove Managed Distribution Plan, Maintain Monthly Distribution of $0.08/Share

Virtus Total Return Fund

HARTFORD, Conn., Nov. 18, 2021 /PRNewswire/ -- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.08 December 10, 2021 December 13, 2021 December 20, 2021 $0.08 January 5, 2022 December 31, 2021 January 10, 2022 $0.08 February 10, 2022 February 11, 2022 February 18, 2022 $0.08 March 10, 2022 March 11, 2022 March 18, 2022 For the distribution with the record date of December 31, 2021, the Fund intends to distribute the greater of $0.08 per share or all available net investment income and net short- and long- term capital gains, in accordance with requirements under the Internal Revenue Code of 1986, as amended.

Virtus Total Return Fund Inc. Declares Distribution

HARTFORD, Conn., Nov. 9, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) as of October 31, 2021 of $187.4 billion.

Virtus Investment Partners Reports Preliminary October 31, 2021 Assets Under Management

HARTFORD, Conn., Nov. 5, 2021 /PRNewswire/ --  Virtus Global Multi-Sector Income Fund (NYSE: VGI) previously  announced the following monthly distribution on September 2, 2021: Amount of Distribution Ex-Date Record Date Payable Date $0.08 November 10, 2021 November 12, 2021 November 19, 2021 Under the terms of its Managed Distribution Plan, the Fund will seek 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.

Virtus Global Multi-Sector Income Fund Discloses Sources of Distribution - Section 19(a) Notice

Virtus Investment Partners, Inc. (VRTS) CEO George Aylward on Q3 2021 Results - Earnings Call Transcript

Virtus (VRTS) delivered earnings and revenue surprises of 1.04% and -0.77%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Virtus Investment Partners (VRTS) Q3 Earnings Top Estimates

HARTFORD, Conn., Oct. 27, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended September 30, 2021.

Virtus Investment Partners Announces Financial Results for Third Quarter 2021

HARTFORD, Conn., Oct. 13, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it will release its financial results for the third quarter of 2021 before the market opens on Wednesday, October 27, 2021, followed by a conference call with the investment community at 10:00 a.m.

Virtus Investment Partners to Announce Third Quarter 2021 Results on Wednesday, October 27

HARTFORD, Conn., Oct. 11, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) as of September 30, 2021 of $177.3 billion.

Virtus Investment Partners Reports Preliminary September 30, 2021 Assets Under Management

HARTFORD, Conn., Oct. 1, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today completed its previously announced acquisition of Westchester Capital Management, a recognized leader in global event-driven strategies for more than 30 years with $5.0 billion 1 of assets under management.

Virtus Investment Partners Closes on Acquisition of Westchester Capital Management

HARTFORD, Conn., Sept. 28, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that it has completed the refinancing of its existing credit agreement with a new $275 million senior secured term loan and $175 million revolving credit facility.

Virtus Investment Partners Completes Refinancing of Debt

Virtus (VRTS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Virtus (VRTS) Hits Fresh High: Is There Still Room to Run?

Virtus (VRTS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Virtus (VRTS) Rating Upgrade to Strong Buy

HARTFORD, Conn., Sept. 13, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management as of August 31, 2021 of $183.3 billion.

Virtus Investment Partners Reports Preliminary August 31, 2021 Assets Under Management

HARTFORD, Conn., Sept. 2, 2021 /PRNewswire/ -- Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.08 October 8, 2021 October 12, 2021 October 19, 2021 $0.08 November 10, 2021 November 12, 2021 November 19, 2021 The fund previously announced the following monthly distribution on May 20, 2021: Amount of Distribution Ex-Date Record Date Payable Date $0.08 September 10, 2021 September 13, 2021 September 20, 2021   Under the terms of its Managed Distribution Plan, the Fund will seek 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.

Virtus Global Multi-Sector Income Fund Declares Distribution and Discloses Sources of Distribution - Section 19(a) Notice

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Virtus Investment (VRTS) announces an 83% hike in quarterly cash dividend. Should you consider adding the stock to your portfolio based on dividend income?

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