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, November 20th,NASDAQ Dividends reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.08 per share on Monday, December 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 12.17%. The ex-dividend date of this dividend is Thursday, December 12th.

Virtus Global Multi-Sector Income Fund Stock Performance

Shares of VGI opened at $7.89 on Friday. The firm has a 50 day simple moving average of $8.02 and a two-hundred day simple moving average of $7.77. Virtus Global Multi-Sector Income Fund has a one year low of $6.71 and a one year high of $8.32.

About Virtus Global Multi-Sector Income Fund

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.