Virtus Global Dividend & Income Fund is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc., Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.
It primarily invests in reasonably priced growth (GARP) stocks of large cap companies and investment grade bonds issued by companies and governments. The fund is actively managed. It benchmarks the performance of its portfolio against a composite index comprised of 60% Russell Developed Large Cap Index and 40% Bloomberg Barclays U.S. Aggregate Bond Index.
The fund was formerly known as The Zweig Total Return Fund, Inc. Virtus Global Dividend & Income Fund Inc. was formed on September 30, 1988 and is domiciled in the United States.
What does Virtus Global Dividend & Income Fund Inc. (ZTR) do?
Virtus Global Dividend & Income Fund Inc. (ticker: ZTR) is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc. It invests in both public equity and fixed income markets in the United States. The fund targets reasonably priced growth (GARP) stocks of large-cap companies, as well as investment-grade bonds issued by corporations and governments. Its portfolio spans diversified sectors, and it is actively managed by three co-advisors: Virtus Investment Advisers, Inc., Kayne Anderson Rudnick Investment Management LLC, and Newfleet Asset Management, LLC. The fund benchmarks its performance against a composite index composed of 60% Russell Developed Large Cap Index and 40% Bloomberg Barclays U.S. Aggregate Bond Index.
Where is Virtus Global Dividend & Income Fund (ZTR) listed and in which currency?
Virtus Global Dividend & Income Fund Inc. (ZTR) is listed on the New York Stock Exchange (NYSE) and trades in U.S. dollars (USD). As a closed-end fund, its shares are publicly traded on the exchange, allowing investors to buy and sell shares throughout the trading day. The fund's operations and investments are primarily denominated in USD, reflecting its focus on U.S. equity and fixed income markets.
What is the sector and industry focus of Virtus Global Dividend & Income Fund (ZTR)?
Virtus Global Dividend & Income Fund Inc. (ZTR) does not have a specific sector or industry classification, as it is a diversified balanced fund. The fund invests across multiple sectors, including both equities and fixed income. Its equity portion targets large-cap growth-at-a-reasonable-price (GARP) stocks, while its fixed income portion focuses on investment-grade bonds from corporations and governments. This multi-asset approach allows the fund to provide exposure to a broad range of industries without being limited to a single sector.
What is the history and background of Virtus Global Dividend & Income Fund (ZTR)?
Virtus Global Dividend & Income Fund Inc. (ZTR) was originally known as The Zweig Total Return Fund, Inc. It was formed on September 30, 1988, and is domiciled in the United States. The fund is managed by Virtus Investment Partners, Inc. and co-managed by Virtus Investment Advisers, Inc., Kayne Anderson Rudnick Investment Management LLC, and Newfleet Asset Management, LLC. The fund's long history and active management approach aim to provide investors with a combination of income and capital appreciation through a balanced portfolio of U.S. large-cap equities and investment-grade bonds.