VRTS

Conference Call at 10:00 a.m. Eastern HARTFORD, Conn., July 13, 2026--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that it will release its financial results for the second quarter of 2026 before the market opens on Thursday, July 30, 2026. George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:00 a.m. Eastern. The presentation that will accompany the conference call will be available in the Presentations section of virtus.com. A replay of the call will be available in the Investor Relations section for at least one year. About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260713188863/en/ Contacts Investor Relations Contact: Sean Rourke(860) [email protected] Media Relations Contact: Laura Parsons(860) [email protected]

HARTFORD, Conn., June 02, 2026--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), Virtus Global Multi-Sector Income Fund (NYSE: VGI), Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), and Virtus Total Return Fund Inc. (NYSE: ZTR) announced the results of the joint annual meeting of shareholders that was held on June 1, 2026. The voting results are as follows: About the Funds Virtus Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, Inc., is the investment adviser to each fund. The funds are closed-end funds that seek to generate income, with diversified strategies focused on a variety of asset classes including multi-sector, high-yield and emerging markets fixed income, municipal bonds, utility and infrastructure equities, and convertible securities. Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about each fund’s investment objective and risks, please see the fund’s annual report. A copy of each fund’s most recent annual report may be obtained free of charge by contacting Shareholder Services as set forth at the end of this press release or through the Closed-End Funds section of virtus.com. About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com. View source version on businesswire.com: h...

HARTFORD, Conn., May 21, 2026--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly cash dividend of $2.40 per common share for the second quarter of 2026. The dividend will be paid on August 14, 2026, to shareholders of record at the close of business on July 31, 2026. Future declarations of dividends will be subject to the approval of the Board of Directors. About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260521569089/en/ Contacts Investor Relations Contact: Sean Rourke (860) 263-4709 [email protected] Media Relations Contact: Laura Parsons (860) 503-1382 [email protected]

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2% and the actively trad

Image source: The Motley Fool. Friday, May 1, 2026 at 10 a.m. ET Chairman, President, and Chief Executive Officer — George Robert Aylward Executive Vice President and Chief Financial Officer — Michael Aaron Angerthal Need a quote from a Motley Fool analyst? Email [email protected] George Robert Aylward: Thank you, Sean, and good morning, everyone. I will start today with an overview of the results we reported this morning, then Michael Aaron Angerthal will provide more detail. Although the first quarter was challenging from a net flow perspective, reflecting our meaningful exposure to quality-oriented equity strategies, which have remained out of favor, we had several areas of strength during the quarter that were overshadowed, and we also advanced key growth initiatives. Key highlights of the quarter included an 8% increase in sales, with growth in U.S. retail funds, separate accounts, and global funds; positive net flows in several strategies, including high-conviction growth equity, multi-sector fixed income, listed real assets, and event-driven; positive net flows in ETFs and global funds; expansion into private markets with our investment in Keystone National Group; and continued return of capital, including $10 million of share repurchases. We remained active in broadening our product offerings to meet evolving client demand and expand our growth opportunities over time. The investment in Keystone on March 1 added a differentiated asset-centric private credit capability, and our sales teams are actively focused on expanding distribution of their compelling strategies to retail and institutional clients. Keystone focuses on senior secured amortizing fixed-rate financings backed by tangible assets. We believe their approach offers attractive stability and defensive characteristics to investors seeking a private credit allocation or a broader income-oriented solution with a different risk profile than many traditional direct lending vehicles. Keystone expands our private market capabilities, which also include those of Crescent Cove, as well as our overall alternatives offering, including managed futures and event-driven strategies. We continue to launch attractive actively managed ETFs, including an emerging markets dividend ETF from our systematic team, a real estate income ETF from Duff & Phelps, and a growth equity ETF from Silvant. We expect to continue to...

Net outflows were primarily driven by a persistent style headwind for quality-oriented equity strategies, which remain out of favor in the current market cycle. Management attributed the 8% increase in total sales to successful diversification into style-agnostic, high-conviction growth, and multi-sector fixed income strategies. The acquisition of Keystone National Group adds a differentiated, asset-centric private credit capability designed to provide stability and defensive characteristics for income-seeking investors. A significant portion of retail separate account outflows was tied to a previously disclosed rebalancing of a lower-fee model-only mandate to a passive strategy. Operational results were impacted by seasonal employment expenses, including incremental payroll taxes and benefits related to the timing of annual incentives. Management noted that over 80% of quarterly net outflows occurred in January and February, with a significant improvement in trend observed during March. Management expects the average fee rate to increase to a range of 43 to 45 basis points in the second quarter, reflecting a full quarter of Keystone's contribution. The SMidCap Core strategy, which had been soft closed since 2024, was reopened on April 1 to capture renewed demand and bolster retail separate account flows. Employment expenses as adjusted are projected to be in the 51% to 53% range of revenues for the second quarter, trending toward the high end due to lower equity AUM. The company plans to continue expanding its actively managed ETF lineup, following recent launches in emerging markets, real estate, and growth equity. Institutional flow outlook remains cautiously optimistic as known wins modestly exceeded known redemptions heading into the second quarter, despite inherent lumpiness. The Keystone investment involved a $200 million initial payment with up to $170 million in additional contingent consideration based on revenue targets over two years. A new non-GAAP tax presentation was introduced to reflect the economic benefit of a significant intangible tax asset, which contributed $2.64 per share in 2025. The company utilized $23 million to settle the majority of its remaining revenue participation obligation during the quarter. A $50 million draw on the revolving credit facility was used to manage seasonal cash obligations and the Keystone closing, with repa...

This article first appeared on GuruFocus. Release Date: May 01, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Virtus Investment Partners Inc (NYSE:VRTS) reported an 8% increase in sales, driven by growth in U.S. Retail funds, separate accounts, and global funds. The company expanded into private markets with an investment in Keystone National Group, enhancing its asset-centric private credit capability. Virtus Investment Partners Inc (NYSE:VRTS) launched new actively managed ETFs, including an emerging markets dividend ETF and a real estate income ETF. The company saw positive net flows in several strategies, including high-conviction growth equity and multi-sector fixed income. Despite challenges, the company maintained a strong balance sheet with $137 million in cash and equivalents and $200 million of undrawn capacity on its revolving credit facility. Virtus Investment Partners Inc (NYSE:VRTS) experienced total net outflows of $8.4 billion, primarily driven by equities. Assets under management decreased to $149 billion from $159 billion due to net outflows and market performance. The operating margin declined to 24% due to seasonally higher employment expenses. Earnings per share as adjusted declined 6% excluding seasonal employment expenses. The company faced continued style headwinds for quality-oriented strategies, impacting net flows negatively. Warning! GuruFocus has detected 7 Warning Signs with VRTS. Is VRTS fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the 26% increase in sales of equity strategies? Was this due to buying the dip, especially with the March improvement in flows? Any specific areas like value or growth? A: While our equity AUM and strategies have a quality orientation, we've focused on other strategies without this orientation. These include high conviction, style-agnostic, and growth strategies, which have seen increased focus and growth. We've also launched ETFs not tied to quality-oriented strategies, driving asset increases. We hope this growth continues, and we believe quality-oriented strategies will regain favor. Our efforts include making these strategies more available, particularly in retail separate accounts and ETFs. Q: Net outflows remain elevated. What needs to be done to improve this on a macro and micro level? A: The l...

Earnings Per Share - Diluted of $1.05; Earnings Per Share - Diluted, as Adjusted, of $5.38 Total Sales of $5.8B; Net Flows of ($8.4B); Assets Under Management of $149.0B HARTFORD, Conn., May 01, 2026--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported financial results for the three months ended March 31, 2026. Financial Highlights (Unaudited) (in millions, except per share data or as noted) Earnings Summary The company presents U.S. GAAP and non-GAAP earnings information in this release. Management believes that the non-GAAP financial measures presented reflect the company’s operating results from providing investment management and related services to individuals and institutions and uses these measures to evaluate financial performance. Non-GAAP financial measures have material limitations and should not be viewed in isolation or as a substitute for U.S. GAAP measures. Non-GAAP information and reconciliations to the most comparable U.S. GAAP measures can be found beginning on page 10 of this earnings release. Assets Under Management and Asset Flows (in billions) Total assets under management of $149.0 billion at March 31, 2026 compared with $159.5 billion in the prior quarter due to market performance and net outflows in retail separate accounts, institutional, and U.S. retail funds, partially offset by positive net flows in exchange-traded funds (ETFs) and global funds and the addition of assets from Keystone National Group (Keystone). In addition, the company provided services to $1.6 billion of other fee-earning assets that are not included in assets under management. Total sales increased 8% to $5.8 billion from $5.3 billion in the prior quarter and included a 26% increase in sales of equity strategies. Institutional sales of $1.2 billion compared with $1.4 billion, with higher equity and multi-asset sales more than offset by lower fixed income and alternatives. Retail separate account sales of $1.4 billion increased from $1.2 billion due to higher intermediary sold sales. Open-end fund sales, including $0.6 billion of ETFs, increased 11% to $3.1 billion. Net flows of ($8.4) billion compared with ($8.1) billion in the prior quarter and were driven by quality-oriented equity strategies, which are experiencing ongoing style headwinds. Institutional net flows of ($3.2) billion compared with ($3.0) billion and were primarily due...

For the quarter ended March 2026, Virtus Investment Partners (VRTS) reported revenue of $182.29 million, down 7.8% over the same period last year. EPS came in at $5.38, compared to $5.73 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $179.36 million, representing a surprise of +1.63%. The company delivered an EPS surprise of -3.18%, with the consensus EPS estimate being $5.56. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Virtus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Assets Under Management: $149.03 billion versus $149.03 billion estimated by two analysts on average. Net flows: $-8.43 billion versus $-8.19 billion estimated by two analysts on average. Revenues- Other income and fees: $1.46 million versus the two-analyst average estimate of $1.22 million. Revenues- Administration and shareholder service fees: $17.31 million compared to the $17.68 million average estimate based on two analysts. Revenues- Distribution and service fees: $11.63 million compared to the $14.24 million average estimate based on two analysts. View all Key Company Metrics for Virtus here>>> Shares of Virtus have returned +14.4% over the past month versus the Zacks S&P 500 composite's +10.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Virtus Investment Partners, Inc. (VRTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Virtus Investment Partners (VRTS) came out with quarterly earnings of $5.38 per share, missing the Zacks Consensus Estimate of $5.56 per share. This compares to earnings of $5.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.18%. A quarter ago, it was expected that this asset management company would post earnings of $6.41 per share when it actually produced earnings of $6.5, delivering a surprise of +1.4%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Virtus, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $182.29 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.63%. This compares to year-ago revenues of $197.61 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Virtus shares have lost about 10.8% since the beginning of the year versus the S&P 500's gain of 5.3%. While Virtus has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Virtus was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks...

HARTFORD, Conn. (AP) — HARTFORD, Conn. (AP) — Virtus Investment Partners Inc. (VRTS) on Friday reported first-quarter earnings of $7.1 million. The Hartford, Connecticut-based company said it had net income of $1.05 per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were $5.38 per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $5.56 per share. The asset management company posted revenue of $199.5 million in the period. Its adjusted revenue was $182.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRTS at https://www.zacks.com/ap/VRTS

Virtus Investment Partners (VRTS) reported Q1 adjusted earnings Friday of $5.38 per diluted share, d