Virtus Global Multi-Sector Income Fund (NYSE:VGI) Declares Monthly Dividend of $0.08

Virtus Global Multi-Sector Income Fund (NYSE:VGI) declared a monthly dividend on Thursday, August 29th, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.08 per share on Thursday, September 26th. This represents a $0.96 annualized dividend and a yield of 11.88%. The ex-dividend date of this dividend is Friday, September 13th.

Virtus Global Multi-Sector Income Fund Trading Down 0.1 %

NYSE:VGI opened at $8.08 on Thursday. Virtus Global Multi-Sector Income Fund has a fifty-two week low of $6.68 and a fifty-two week high of $8.32. The stock has a fifty day moving average price of $7.76 and a 200-day moving average price of $7.58.

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.