Virtus Global Multi-Sector Income Fund (NYSE:VGI) Declares $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 annualized dividend and a dividend yield of 12.17%. The ex-dividend date of this dividend is Thursday, December 12th.

Virtus Global Multi-Sector Income Fund Price Performance

Shares of NYSE VGI traded up $0.02 during trading on Thursday, reaching $7.89. The stock had a trading volume of 21,139 shares, compared to its average volume of 38,635. The firm’s 50 day moving average price is $8.02 and its two-hundred day moving average price is $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.