Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $171.9 billion as of July 31, 2023. 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) | |||||
By Product Type: | July 31, 2023 | June 30, 2023 | |||
Open-End Funds (1) | $ | 57,779 | $ | 56,828 | |
Closed-End Funds | 10,326 | 10,166 | |||
Retail Separate Accounts | 40,481 | 38,992 | |||
Institutional Accounts (2) | 63,284 | 62,330 | |||
Total | $ | 171,870 | $ | 168,316 | |
(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 | |||||
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NASDAQ: 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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