Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $170.1 billion as of April 30, 2024. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) | |||||
($ in millions) | |||||
|
|
|
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By Product Type: | April 30, 2024 |
| March 31, 2024 | ||
Open-End Funds (1) | $ | 55,114 |
| $ | 57,818 |
Closed-End Funds |
| 9,798 |
|
| 10,064 |
Retail Separate Accounts |
| 44,760 |
|
| 46,816 |
Institutional Accounts (2) |
| 60,392 |
|
| 64,613 |
Total | $ | 170,064 |
| $ | 179,311 |
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By Asset Class: | April 30, 2024 |
| March 31, 2024 | ||
Equity | $ | 96,272 |
| $ | 103,501 |
Fixed Income |
| 36,287 |
|
| 37,037 |
Multi-Asset (3) |
| 21,183 |
|
| 21,975 |
Alternatives (4) |
| 16,322 |
|
| 16,798 |
Total | $ | 170,064 |
| $ | 179,311 |
(1) | Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds | |
(2) | Represents assets under management of institutional separate and commingled accounts including structured products | |
(3) | Consists of strategies and client accounts with substantial holdings in at least two of the following asset classes: equity, fixed income, and alternatives | |
(4) | Consists of managed futures, event-driven, real estate securities, infrastructure, long/short, and other strategies |
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 management products and services from our affiliated 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 .
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Sean Rourke
(860) 263-4709
sean.rourke@virtus.com