Pro-Virtus Global Multi-sector Income Fund Institutional Investors Sentiment Runs High in Q4 2016

September 17, 2017 - By Ellis Scott

 Pro Virtus Global Multi sector Income Fund Institutional Investors Sentiment Runs High in  Q4 2016

Sentiment for Virtus Global Multi-sector Income Fund (NYSE:VGI)

Virtus Global Multi-sector Income Fund (NYSE:VGI) institutional sentiment increased to 1.27 in Q4 2016. Its up 0.19, from 1.08 in 2016Q3. The ratio improved, as 14 funds increased and started new positions, while 11 reduced and sold their equity positions in Virtus Global Multi-sector Income Fund. The funds in our partner’s database now hold: 2.95 million shares, up from 2.80 million shares in 2016Q3. Also, the number of funds holding Virtus Global Multi-sector Income Fund in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 4 Reduced: 7 Increased: 12 New Position: 2.

Virtus Global Multi-Sector Income Fund is a diversified, closed-end management investment company. The company has market cap of $196.40 million. The Fund’s investment objective is to maximize current income while preserving capital. It currently has negative earnings. The Fund seeks to achieve its investment objective by applying an approach and credit research to capitalize on opportunities across undervalued areas of the global bond market.

The stock increased 0.11% or $0.02 on September 15, reaching $17.45. About 36,092 shares traded. Virtus Global Multi-Sector Income Fund (NYSE:VGI) has risen 15.22% since September 17, 2016 and is uptrending. It has underperformed by 1.48% the S&P500.

Shaker Financial Services Llc holds 1.11% of its portfolio in Virtus Global Multi-Sector Income Fund for 122,157 shares. Karpus Management Inc. owns 660,031 shares or 0.58% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 0.25% invested in the company for 250,676 shares. The Minnesota-based Sit Investment Associates Inc has invested 0.22% in the stock. Saba Capital Management L.P., a New York-based fund reported 33,247 shares.#img1#

More notable recent Virtus Global Multi-Sector Income Fund (NYSE:VGI) news were published by: Seekingalpha.com which released: “Virtus Global Multi-Sector Income Fund: Desperate For Attention?” on June 22, 2015, also Gurufocus.com with their article: “Virtus Global Multi-Sector Income Fund Declares Distributions and Discloses …” published on September 12, 2017, Nasdaq.com published: “Virtus Global Multi-Sector Income Fund (VGI) Ex-Dividend Date Scheduled for …” on September 07, 2017. More interesting news about Virtus Global Multi-Sector Income Fund (NYSE:VGI) were released by: Nasdaq.com and their article: “Virtus Global Multi-Sector Income Fund (VGI) Ex-Dividend Date Scheduled for …” published on January 04, 2017 as well as Nasdaq.com‘s news article titled: “Virtus Global Multi-Sector Income Fund (VGI) Ex-Dividend Date Scheduled for …” with publication date: May 08, 2017.

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