Virtus Global Dividend & Income Fund Inc. announces an Equity Buyback for 10% of its issued share capital.
April 02, 2024 at 12:00 am EDT
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Virtus Global Dividend & Income Fund Inc. announces a share repurchase program. under the program the company is authorised to repurchase upto 10% of its issued share capital. The repurchase program is valid till May 1, 2024. As of March 19, 2024, the company had 68,578,328.00 Shares were issued and outstanding.
Georgeson LLC acted as information agent to the company.
Virtus Total Return Fund Inc. (the Fund) is a closed-end, diversified management investment company. The Fund's investment objective is capital appreciation, with current income as a secondary objective. The Fund invests approximately 60% of its total assets in equity securities, managed by Duff & Phelps Investment Management Co. The Fund invests 40% in fixed income, managed by Newfleet Asset Management, LLC. Its products include mutual funds, retail separate accounts, closed-end funds, variable insurance funds, exchange-traded funds (ETFs), undertakings for the collective investment in transferable securities (UCITS) and CollegeAccess 529. The Fund invests in consumer discretionary, financials, healthcare, industrials, consumer staples, telecommunication services, energy, information technology, materials and utility sectors. The Fund's investment adviser is Virtus Investment Advisers, Inc.
VIRTUS GLOBAL DIVIDEND & INCOME FUND INC. 
