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

Virtus Global Multi-Sector Income Fund (NYSE:VGI) announced a monthly dividend on Wednesday, March 4th. Investors of record on Monday, March 16th will be paid a dividend of 0.08 per share on Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 12.6%. The ex-dividend date of this dividend is Monday, March 16th.

Virtus Global Multi-Sector Income Fund Price Performance

VGI traded down $0.02 on Friday, hitting $7.60. The company had a trading volume of 66,721 shares, compared to its average volume of 46,174. The stock has a fifty day moving average price of $7.84 and a 200-day moving average price of $7.87. Virtus Global Multi-Sector Income Fund has a 12-month low of $7.00 and a 12-month high of $8.09.

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.