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

Virtus Global Multi-Sector Income Fund (NYSE:VGI) announced a monthly dividend on Wednesday, June 3rd. Shareholders of record on Monday, July 13th will be paid a dividend of 0.08 per share on Thursday, July 30th. This represents a c) annualized dividend and a yield of 12.9%. The ex-dividend date is Monday, July 13th.

Virtus Global Multi-Sector Income Fund Price Performance

Shares of NYSE:VGI opened at $7.44 on Thursday. Virtus Global Multi-Sector Income Fund has a 1-year low of $7.20 and a 1-year high of $8.09. The business has a 50-day moving average price of $7.47 and a two-hundred day moving average price of $7.68.

Virtus Global Multi-Sector Income Fund Company Profile

The Virtus Global Multi-Sector Income Fund (NYSE: VGI) is a diversified, closed-end management investment company that seeks to provide investors with a high level of current income by investing globally across multiple asset classes. Trading on the New York Stock Exchange, VGI is managed by a team of investment professionals at Virtus Investment Partners who draw on global research capabilities to construct a portfolio of income-producing securities.

The fund’s primary strategy focuses on identifying opportunities in both developed and emerging markets.