Virtus Global Multi-Sector Income Fund

Virtus Global Multi-Sector Income Fundverified

VGI

Price:

$8.12

Market Cap:

$91.86M

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. It invests in securities with average duration which varies within three years (plus or minus) of the duration of the Barclays Global Aggregate Bond Index. The fund employs fundamental analysi...[Read more]

Industry

Asset Management - Income

IPO Date

2012-02-24

Stock Exchange

NYSE

Ticker

VGI

The Dividend Yield as of September 2024 (TTM) for Virtus Global Multi-Sector Income Fund (VGI) is 11.82%

According to Virtus Global Multi-Sector Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 11.82%. This represents a change of 51.67% compared to the average of 7.79% of the last 4 quarters.

Virtus Global Multi-Sector Income Fund (VGI) Historical Dividend Yield (quarterly & annually)

How has VGI Dividend Yield performed in the past?

The mean historical Dividend Yield of Virtus Global Multi-Sector Income Fund over the last ten years is 11.71%. The current 11.82% Dividend Yield has changed 0.98% with respect to the historical average. Over the past ten years (40 quarters), VGI's Dividend Yield was at its highest in in the November 2022 quarter at 11.82%. The Dividend Yield was at its lowest in in the May 2018 quarter at 0%.

Quarterly (TTM)
Annual

Average

11.71%

Median

11.82%

Minimum

9.29%

Maximum

14.10%

Virtus Global Multi-Sector Income Fund (VGI) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Virtus Global Multi-Sector Income Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 40.22%

Maximum Annual Dividend Yield = 14.10%

Minimum Annual Increase = -19.70%

Minimum Annual Dividend Yield = 9.29%

Quarterly (TTM)
Annual
YearDividend YieldChange
202313.06%10.48%
202211.82%27.30%
20219.29%-19.70%
202011.57%-4.08%
201912.06%-14.51%
201814.10%40.22%

Virtus Global Multi-Sector Income Fund (VGI) Average Dividend Yield

How has VGI Dividend Yield performed in the past?

The current Dividend Yield of Virtus Global Multi-Sector Income Fund (VGI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

11.39%

5-year avg

11.56%

10-year avg

11.71%

Virtus Global Multi-Sector Income Fund (VGI) Dividend Yield vs. Peers

How is VGI’s Dividend Yield compared to its peers?

Virtus Global Multi-Sector Income Fund’s Dividend Yield is less than Legg Mason BW Global Income Opportunities Fund Inc. (10.85%), less than John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund (1.56%), less than RiverNorth Capital and Income Fund, Inc. (11.01%), less than Western Asset Mortgage Opportunity Fund Inc. (12.19%), less than Virtus Stone Harbor Emerging Markets Income Fund (13.87%), less than abrdn Global Income Fund, Inc. (14.24%), less than Miller/Howard High Income Equity Fund (5.02%), less than The Cushing MLP & Infrastructure Total Return Fund (12.60%), greater than Nuveen Short Duration Credit Opportunities Fund (0%), less than LMP Capital and Income Fund Inc. (9.17%), less than Western Asset High Yield Defined Opportunity Fund Inc. (9.25%), less than Neuberger Berman California Municipal Fund Inc. (0.76%), less than Eaton Vance New York Municipal Bond Fund (4.39%), less than PIMCO New York Municipal Income Fund (4.90%), less than Neuberger Berman Municipal Fund Inc. (4.30%), less than Invesco Trust for Investment Grade New York Municipals (4.85%), greater than Eaton Vance New York Municipal Income Trust (0%),

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