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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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., Aug. 19, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has approved a quarterly common stock cash dividend of $1.50 per share, an 83% increase from the previous dividend of $0.82 per share.

Virtus Investment Partners Increases Quarterly Common Stock Dividend 83% to $1.50 Per Share

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MRVI, DSKE, VRTS, and RMBS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 13, 2021.

Top Ranked Momentum Stocks to Buy for August 13th

HARTFORD, Conn., Aug. 10, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary total assets under management (AUM) as of July 31, 2021 of $180.3 billion.

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

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.

Virtus (VRTS) Upgraded to Strong Buy: Here's Why

HARTFORD, Conn., Aug. 9, 2021 /PRNewswire/ -- Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-boutique asset management business, and affiliated manager Kayne Anderson Rudnick Investment Management (KAR) have introduced the Virtus KAR Small-Mid Cap Value Fund (I Share: VKSFX), which offers investors exposure to a select group of high-quality companies that are believed to be undervalued relative to their future growth potential.

Virtus Launches Virtus KAR Small-Mid Cap Value Fund Managed by Kayne Anderson Rudnick

Volcon

HARTFORD, Conn., Aug. 4, 2021 /PRNewswire/ -- Duff & Phelps Investment Management Co. and Virtus ETF Solutions , both affiliates of Virtus Investment Partners, Inc. (NASDAQ: VRTS), today announced the introduction of the Virtus Duff & Phelps Clean Energy ETF (NYSE: VCLN), the first ETF strategy managed by Duff & Phelps.

Duff & Phelps Investment Management Introduces Actively Managed Clean Energy ETF

Virtus AllianzGI Diversified Income & Convertible Fund

Virtus Artificial Intelligence & Technology Opportunities Fund

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

HARTFORD, Conn., Aug. 3, 2021 /PRNewswire/ -- Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus AllianzGI Convertible & Income Fund (NYSE: NCV), Virtus AllianzGI Convertible & Income Fund II (NYSE: NCZ), Virtus AllianzGI Convertible & Income 2024 Target Term Fund (NYSE: CBH), and Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV) announced the following distribution declarations on their respective common shares: Fund Distribution Per Common Share Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund $0.1250 Virtus AllianzGI Convertible & Income Fund $0.0425 Virtus AllianzGI Convertible & Income Fund II $0.0375 Virtus AllianzGI Convertible & Income 2024 Target Term Fund $0.0460 Virtus AllianzGI Diversified Income & Convertible Fund $0.1670 The distributions, declared August 2, 2021, will be payable on September 1, 2021 to shareholders of record on August 12, 2021 with an ex-dividend date of August 11, 2021.

Certain Virtus Closed-End Funds Declare Monthly Distributions: AIO, NCV, NCZ, CBH, and ACV

Virtus Investment Partners, Inc. (VRTS) CEO George Aylward on Q2 2021 Results - Earnings Call Transcript

Virtus (VRTS) delivered earnings and revenue surprises of 11.98% and 3.44%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Virtus Investment Partners (VRTS) Beats Q2 Earnings and Revenue Estimates

Shares of Virtus Investment (NASDAQ:VRTS) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 179.94% year over year to $9.07, which beat the estimate of $8.04.

Virtus Investment: Q2 Earnings Insights

HARTFORD, Conn., July 28, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended June 30, 2021.

Virtus Investment Partners Announces Financial Results for Second Quarter 2021

Virtus Dividend Interest & Premium Strategy Fund

Virtus AllianzGI Equity & Convertible Income Fund

HARTFORD, Conn., July 16, 2021 /PRNewswire/ -- Allianz Global Investors U.S. LLC (AllianzGI), which manages certain Virtus closed-end funds in a subadvisory capacity, announced that as of March 1, 2022 Douglas G.

Certain Virtus AllianzGI Closed-End Funds Announce Future Change In Portfolio Management Team

HARTFORD, Conn. , July 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 second quarter of 2021 before the market opens on Wednesday, July 28, 2021, followed by a conference call with the investment community at 10:00 a.m.

Virtus Investment Partners to Announce Second Quarter 2021 Results on Wednesday, July 28

HARTFORD, Conn., July 12, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary total assets under management (AUM) as of June 30, 2021 of $178.6 billion.

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

Virtus Stone Harbor Emerging Markets Income Fund 

Stone Harbor Emerging Markets Total Income Fund

DENVER, June 29, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. ("Virtus") (NASDAQ: VRTS) and Stone Harbor Investment Partners LP ("Stone Harbor") announced yesterday that they have entered into an agreement for Virtus to acquire 100% of Stone Harbor. Stone Harbor serves as the investment manager to the closed-end funds Stone Harbor Emerging Markets Income Fund (NYSE: EDF) and Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) (the "Funds").

Stone Harbor Emerging Markets Total Income Fund Announcement

HARTFORD, Conn., June 28, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced it has entered into an agreement to acquire Stone Harbor Investment Partners LP, a premier manager of emerging markets debt, multi-asset credit, global corporates, and other strategies with $15.4 billion1 of assets under management.

Virtus Investment Partners Announces Agreement to Add Stone Harbor Investment Partners as an Affiliated Manager

HARTFORD, Conn., June 23, 2021 /PRNewswire/ -- Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-boutique asset management business, and affiliated manager Kayne Anderson Rudnick Investment Management (KAR) today introduced the Virtus KAR Developing Markets Fund (I Share: VIDMX), which offers investors exposure to high-quality companies in developing market countries.

Virtus Launches Virtus KAR Developing Markets Fund Managed by Kayne Anderson Rudnick

HARTFORD, Conn., June 9, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of May 31, 2021 of $175.5 billion.

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

HARTFORD, Conn., June 4, 2021 /PRNewswire/ -- Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) and Virtus AllianzGI Equity & Convertible Income Fund (NYSE: NIE) announced the following distribution declarations on their respective common shares: Fund Distribution Per Common Share Virtus Dividend, Interest & Premium Strategy Fund $0.225 Virtus AllianzGI Equity & Convertible Income Fund $0.380 The distributions will be payable on June 25, 2021 to shareholders of record on June 14, 2021 with an ex-dividend date of June 11, 2021.

Virtus Dividend, Interest & Premium Strategy Fund And Virtus AllianzGI Equity & Convertible Income Fund Declare Quarterly Distributions

Increase in AUM balance is likely to continue aiding Virtus Investment's (VRTS) revenue growth.

Virtus Investment (VRTS) April AUM Up 4.4% on Upbeat Markets

HARTFORD, Conn., May 11, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of April 30, 2021 of $176.2 billion.

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

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 52-Week High, Can the Run Continue?

HARTFORD, Conn., May 3, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that Rick Smirl has joined the company as executive vice president, chief operating officer, and member of the senior leadership team.

News for Virtus Investment Partners Stock (VRTS)