Virtus Global Multi-Sector Income Fund (NYSE:VGI – Get Free Report) traded up 0.2% on Tuesday . The stock traded as high as $8.17 and last traded at $8.15. 21,456 shares were traded during mid-day trading, a decline of 46% from the average session volume of 39,715 shares. The stock had previously closed at $8.13.
Virtus Global Multi-Sector Income Fund Trading Up 0.2 %
The stock’s fifty day simple moving average is $7.92 and its 200-day simple moving average is $7.65.
Virtus Global Multi-Sector Income Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be issued a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a yield of 11.78%. The ex-dividend date of this dividend is Tuesday, November 12th.
Hedge Funds Weigh In On Virtus Global Multi-Sector Income Fund
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.
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