Virtus Investment Partners

Virtus Investment Partners, Inc. is an asset management company, which engages in the provision of investment management and related services to individuals and institutions. It offers financial solutions and products such as mutual funds, managed accounts, institutional, closed-end funds, Virtus variable insurance trust funds, and other portfolio. The company was founded on November 1, 1995, and is headquartered in Hartford, CT.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Virtus Investment Partners reports mixed Q4 performance, eyes global expansion

Virtus Investment Partners showed mixed performance with AUM growth despite net outflows and a decline in operating income.
Strong investment performance and capital management highlight key strengths, while challenges in profitability and operational efficiency persist.
Opportunities lie in strategic partnerships, growth strategies, and global expansion efforts for future success.

Virtus Investment Partners reports strong Q1 performance and growth opportunities

Virtus Investment Partners delivered a solid performance in Q1 2023 with improved fund flows, strong investment performance, and a well-positioned balance sheet.
While facing challenges such as net outflows and lower institutional sales, the company's strengths in diversified AUM and fee stability position it well for growth.
Opportunities lie in leveraging positive net flows, enhancing client retention strategies, and exploring revenue-generating avenues for sustained success.

Virtus Investment Partners reports robust Q2 earnings and growth strategies

Virtus Investment Partners delivered a strong performance in Q2 2023, marked by significant growth in assets under management, sales, and operating margin. The company's focus on capital management, growth initiatives, and shareholder value creation underscores its commitment to long-term success. While facing challenges in fee rates and market dynamics, Virtus is well-positioned to seize opportunities for expansion and innovation.

Virtus Investment Partners reports improved earnings, focuses on international expansion

Virtus Investment Partners delivered a solid performance in Q3 2023, with improved operating margin and earnings per share. While facing challenges in institutional fund outflows, the company is leveraging strengths in retail sales and strategic investments to drive growth. Opportunities lie in international expansion and the growth of the ETF platform.

Virtus Investment Partners reports stable Q4 performance amidst growth focus

Virtus Investment Partners showed resilience in managing assets and sales growth despite challenges in outflows and fee reduction.
Efficient cost control and debt management position the company well for future stability and growth opportunities.
Strategies to address institutional outflows and enhance fee generation can further strengthen financial performance.
Overall, Virtus remains focused on expanding its market presence and optimizing operational efficiency for sustained success.

Virtus Investment Partners excels in Q1 2024, eyes strategic growth

Virtus Investment Partners delivered a robust performance in Q1 2024, marked by significant growth in assets under management, sales, and earnings per share, supported by positive net flows and operational improvements.
The company's strong reputation, diversified product offerings, and strategic financial management underscore its resilience and potential for future growth, despite facing challenges related to outflows and strategic decision-making.
With a focus on enhancing shareholder value and exploring growth opportunities, Virtus is well-positioned to navigate challenges, capitalize on opportunities, and drive sustainable long-term success in the competitive asset management industry.

Virtus Investment Partners reports resilient Q2 performance amid market challenges

Virtus Investment Partners demonstrated resilience and growth in key segments despite challenges in net outflows and market performance.
Strategic actions to maintain capital flexibility and enhance shareholder value underscore the company's commitment to sustainable growth.
Addressing market dynamics, exploring M&A opportunities, and refining pricing strategies can position Virtus for future success and market leadership.

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Virtus Stone Harbor Emerging Markets High Yield Bond ETF

VEMY, first ETF from Stone Harbor, invests in high yield sovereign and corporate debt sectors HARTFORD, Conn. , Dec. 19, 2022 /PRNewswire/ -- Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS) and Virtus ETF Solutions  have introduced the Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSE: VEMY), the first actively managed ETF focused on emerging markets high yield debt.

Stone Harbor Investment Partners Introduces Actively Managed Emerging Market High Yield Debt ETF

HARTFORD, Conn. , Dec. 12, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $157.2 billion as of November 30, 2022.

Virtus Investment Partners Reports Preliminary November 30, 2022 Assets Under Management

Virtus Investment (VRTS) records an AUM balance of $149.5 billion for the end of October 2022, which represents a rise of 3.1% from the end of the previous month.

Virtus Investment (VRTS) Stock Gains 7.8% on October AUM Rise

HARTFORD, Conn. , Nov. 9, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $149.5 billion as of October 31, 2022.

Virtus Investment Partners Reports Preliminary October 31, 2022 Assets Under Management

Virtus Investment Partners, Inc. (NASDAQ:VRTS ) Q3 2022 Earnings Conference Call October 26, 2022 10:00 AM ET Company Participants Sean Rourke - Investor Relations George Aylward - President and Chief Executive Officer Mike Angerthal - Chief Financial Officer Conference Call Participants Sumeet Mody - Piper Sandler Michael Cyprys - Morgan Stanley Operator Good morning. My name is Michelle and I will be your conference operator today.

Virtus Investment Partners, Inc. (VRTS) Q3 2022 Earnings Call Transcript

Virtus (VRTS) delivered earnings and revenue surprises of -9.86% and 1.40%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Virtus Investment Partners (VRTS) Q3 Earnings Miss Estimates

Earnings Per Share - Diluted of $4.25; Earnings Per Share - Diluted, as Adjusted, of $5.76 Total Sales of $5.7B; Net Flows of ($3.3B); Assets Under Management of $145.0B HARTFORD, Conn. , Oct. 26, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended September 30, 2022.

Virtus Investment Partners Announces Financial Results for Third Quarter 2022

Leading manager of liquid alternative strategies HARTFORD, Conn. , Oct. 20, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced it has entered into an agreement to acquire AlphaSimplex Group, LLC, a leading manager of liquid alternative investment solutions with $10.9 billion 1 of assets under management, from Natixis Investment Managers.

Virtus Investment Partners Announces Agreement to Add AlphaSimplex Group as an Affiliated Manager

Conference Call at 10:00 a.m. Eastern HARTFORD, Conn.

Virtus Investment Partners to Announce Third Quarter 2022 Results on Wednesday, October 26

HARTFORD, Conn. , Oct. 11, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $145.0 billion as of September 30, 2022.

Virtus Investment Partners Reports Preliminary September 30, 2022 Assets Under Management

DNP Select Income Fund Inc

CHICAGO , Sept. 22, 2022 /PRNewswire/ -- The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 6.5 October 28, 2022 October 31, 2022 November 10, 2022 6.5 November 29, 2022 November 30, 2022 December 12, 2022 6.5 December 29, 2022 December 30, 2022 January 10, 2023 The Fund adopted a Managed Distribution Plan (the "Plan") in 2007 to maintain its current 6.5 cent per share distribution rate.

DNP SELECT INCOME FUND ANNOUNCES DIVIDENDS AND SOURCES OF DISTRIBUTION

HARTFORD, Conn. , Sept. 12, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $157.8 billion as of August 31, 2022.

Virtus Investment Partners Reports Preliminary August 31, 2022 Assets Under Management

Virtus Total Return Fund

HARTFORD, Conn. , Sept. 2, 2022 /PRNewswire/ --  Virtus Total Return Fund Inc.  (NYSE: ZTR) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.08 September 9, 2022 September 12, 2022 September 19, 2022 $0.08 October 12, 2022 October 13, 2022 October 20, 2022 $0.08 November 10, 2022 November 14, 2022 November 21, 2022 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part, or in full, from net investment income and realized capital gains, or a combination thereof.

Virtus Total Return Fund Inc. Announces Distributions and Discloses Sources of Distribution - Section 19(a) Notice

Fifth consecutive annual dividend increase HARTFORD, Conn. , Aug. 18, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that its Board of Directors has approved a quarterly common stock cash dividend of $1.65 per share.

Virtus Investment Partners Increases Quarterly Common Stock Dividend 10% to $1.65 Per Share

Virtus Investment (VRTS) records an AUM balance of $163 billion for the end of July 2022, which represents a rise of 4.9% from the end of the previous month.

Virtus Investment (VRTS) Stock Gains 3.6% on Rise in July AUM

HARTFORD, Conn. , Aug. 9, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $163.0 billion as of July 31, 2022.

Virtus Investment Partners Reports Preliminary July 31, 2022 Assets Under Management

Virtus Investment Partners, Inc. (NASDAQ:VRTS ) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Sean Rourke – Vice President, Investor Relations George Aylward – President and Chief Executive Officer Mike Angerthal – Chief Financial Officer Conference Call Participants Sumeet Mody – Piper Sandler Michael Cyprys – Morgan Stanley Operator Good morning. My name is Andrew, and I'll be your conference operator today.

Virtus Investment Partners, Inc.'s (VRTS) CEO George Aylward on Q2 2022 Results - Earnings Call Transcript

Virtus (VRTS) delivered earnings and revenue surprises of -2.83% and 0.92%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Virtus Investment Partners (VRTS) Q2 Earnings and Revenues Miss Estimates

Earnings Per Share - Diluted of $2.29; Earnings Per Share - Diluted, as Adjusted, of $6.86 Total Sales of $7.9B; Net Flows of ($4.8B); Assets Under Management of $155.4B HARTFORD, Conn. , July 29, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended June 30, 2022.

Virtus Investment Partners Announces Financial Results for Second Quarter 2022

HARTFORD, Conn. , July 27, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, has expanded its investment capabilities to include systematic quantitative investing and multi-asset allocation with the addition of two experienced portfolio management teams within Virtus Investment Advisers.

Virtus Investment Partners Adds Systematic and Multi-Asset Portfolio Management Capabilities

Virtus (VRTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Virtus Investment Partners (VRTS) Q2 Earnings Expected to Decline

Virtus Investment Partners to Announce Second Quarter 2022 Results on Friday, July 29

HARTFORD, Conn. , July 12, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $155.4 billion as of June 30, 2022.

Virtus Investment Partners Reports Preliminary June 30, 2022 Assets Under Management

DTF Tax-Free Income

CHICAGO , June 13, 2022 /PRNewswire/ -- DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management Co. (the "Investment Adviser"), today announced that, effective on July 1, 2022, Ronald H. Schwartz, CFA and Dusty L.

DTF TAX-FREE INCOME 2028 TERM FUND INC. ANNOUNCES NEW PORTFOLIO MANAGEMENT TEAM

HARTFORD, Conn. , June 10, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $167.2 billion as of May 31, 2022.

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