Virtus Global Multi-Sector Income Fund:VGI

    Manage Alerts

    Overview

    As of 6/7/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$7.64$8.68-11.98%
    52 Wk Avg$7.96$8.99-11.48%
    52 Wk High$8.89$9.87-7.83%
    52 Wk Low$7.08$8.34-14.64%
    Regular Distribution Type†Managed Distribution
    Distribution RateN/A
    Distribution Amount 
    Distribution Frequency 
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Under normal circumstances, the Fund invests at least 80% of its Managed Assets in fixed income securities of U.S. and non-U.S. issuers. Under normal circumstances, the Fund will invest at least 80% of its Managed Assets in issuers located in at least three countries, including the United States. The percentage of the Funds assets invested in issuers located outside the United States will vary over time, but under normal circumstances will constitute no less than 40% and no more than 75% of the Funds Managed Assets. The Fund seeks to maximize current income while preserving capital by applying a time-tested approach and extensive credit research to capitalize on opportunities across undervalued areas of the global bond markets. Under normal circumstances, the Funds investments will include some or all of the following: (i) Securities issued or guaranteed as to principal and interest by the U.S. Government, its agencies, authorities or instrumentalities; (ii) Debt securities issued by foreign governments and their political subdivisions; (iii) Investment grade securities of U.S. and non-U.S. issuers, which are securities with credit ratings within the four highest rating categories of a nationally recognized statistical rating organization; (iv) High yield instruments, including bank loans.

    Capital Structure

    As of 6/7/2023

    Total Investment Exposure:$143.598M
    Total Common Assets:$98.198M
    Common Shares Outstanding:11,313,094
    Leverage

    As of 6/7/2023

    Preferred Share Assets:
    Total Debt (USD): $45.400M
    Regulatory Leverage (USD): $45.400M
    Effective Leverage (USD): $45.400M
    Effective Leverage (%): 31.62%
    Annual Expense Ratios

    As of 11/30/2022

      Per Common Share
    Management Fees1.36%
    Other Expenses:0.39%
    Baseline Expense: N/A
    Interest Expense:1.01%
    Total: 2.76%
    Fund Management

    Fund Sponsor
    Virtus Investment Advisers, Inc.

    Portfolio Managers
    Kyle A. Jennings, Benjamin L. Caron, Daniel P. Senecal, David L. Albrycht

    Basics
    Category: Fixed Income - Taxable-Multi-Sector
    Ticker: VGI
    NAV Ticker: XVGIX
    Average Daily Volume (shares): 38,559
    Average Daily Volume (USD): $0.307M
    Inception Date: 2/23/2012
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    ERROR: No data

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/7/2023

    PeriodAvg Discount
    6 Month-11.86%
    1 Year-11.48%
    3 Year-7.40%
    5 Year-7.25%
    Z-Score

    As of 6/7/2023

    PeriodZStat
    3 Month0.82
    6 Month-0.09
    1 Year-0.33
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2023
    Category: Morningstar US CEF Multi-Sector

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD2.12%2.12%4.48%3.51%
    2022-22.51%-16.79%-16.28%-12.97%
    2021-3.88%-3.84%7.44%6.36%
    20208.91%6.69%4.14%7.03%
    201927.30%16.27%20.20%12.36%
    2018-28.46%-16.32%-2.48%-0.11%
    201727.66%14.03%15.45%15.37%
    201623.23%15.58%18.87%13.10%
    20151.74%0.92%-0.90%1.45%
    20143.00%3.78%9.02%9.41%
    2013-2.54%1.24%3.03%7.45%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2023
    Category: Morningstar US CEF Multi-Sector

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/7/2023    		5.26%
    Average Maturity:
    As of 2/28/2023    		8.37 yrs
    Number of Holdings:
    As of 2/28/2023    		442
    Annual Portfolio Turnover:
    As of 11/30/2022    		44.00%
    Average Bond Price:
    As of 2/28/2023    		$89.80
    Asset Allocation

    As of 2/28/2023

    Top Sectors

    As of 2/28/2023

    Sector%Portfolio
    Corporate (Super Sector)51.71%
    Corporate Bond42.25%
    Government (Super Sector)29.81%
    Government23.37%
    Securitized (Super Sector)15.26%
    Asset Backed12.64%
    Bank Loan8.65%
    Government Related6.44%
    Non Agency Residential Mortgage Backed1.65%
    Municipal (Super Sector)1.50%
    State Allocation

    As of 2/28/2023

    State% Portfolio
    Illinois0.52%
    California0.47%
    New York0.32%
    Florida0.19%
    Top Holdings

    As of 2/28/2023

    HoldingValue% Portfolio
    United States Treasury Bonds 4%$5.31M3.63%
    United States Treasury Bonds 1.25%$1.81M1.24%
    OCP SA 5.625%$1.48M1.01%
    Indonesia (Republic of) 2.85%$1.36M0.93%
    Dominican Republic 4.875%$1.31M0.89%
    Jordan (Kingdom Of) 5.75%$1.25M0.85%
    Zions Bancorporation Natl Assn Global Bank$1.20M0.82%
    Dubai (Government Of) 5.25%$1.15M0.79%
    Mexico (United Mexican States) 4.5%$1.12M0.77%
    Turkey (Republic of) 7.625%$1.08M0.74%
    Credit Quality

    As of 2/28/2023

    Maturity Breakdown

    As of 2/28/2023

    Country Allocation

    As of 2/28/2023

    Country% Portfolio
    United States - Fixed Income44.89%
    Others - Fixed Income14.95%
    Mexico - Fixed Income6.95%
    Indonesia - Fixed Income3.04%
    Canada - Fixed Income1.96%
    United Kingdom - Fixed Income1.95%
    Colombia - Fixed Income1.37%
    Turkey - Fixed Income1.14%
    South Africa - Fixed Income1.06%
    Brazil - Fixed Income0.87%
    South Korea - Fixed Income0.71%
    Israel - Fixed Income0.71%
    Chile - Fixed Income0.71%
    Australia - Fixed Income0.63%
    Philippines - Fixed Income0.53%
    Germany - Fixed Income0.48%
    Switzerland - Fixed Income0.44%
    India - Fixed Income0.42%
    Hungary - Fixed Income0.40%
    Sweden - Fixed Income0.36%
    China - Fixed Income0.35%
    Malaysia - Fixed Income0.35%
    Ireland - Fixed Income0.34%
    Argentina - Fixed Income0.34%
    France - Fixed Income0.33%
    Italy - Fixed Income0.30%
    Belgium - Fixed Income0.28%
    Austria - Fixed Income0.23%
    Netherlands - Fixed Income0.21%
    Pakistan - Fixed Income0.19%
    Venezuela - Fixed Income0.15%
    Norway - Fixed Income0.14%
    United States - Equity0.07%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X

    Powered by Morningstar

    View Morningstar Notice and Disclaimer