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) | |||||
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 | |
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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