Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $173.3 billion as of May 31, 2024. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) |
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($ in millions) |
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|
|
|
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By Product Type: |
May 31, 2024 |
|
April 30, 2024 |
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Open-End Funds (1) |
$ |
56,170 |
|
$ |
55,114 |
Closed-End Funds |
|
10,002 |
|
|
9,798 |
Retail Separate Accounts |
|
45,605 |
|
|
44,760 |
Institutional Accounts (2) |
|
61,548 |
|
|
60,392 |
Total |
$ |
173,325 |
|
$ |
170,064 |
|
|
|
|
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By Asset Class: |
May 31, 2024 |
|
April 30, 2024 |
||
Equity |
$ |
98,353 |
|
$ |
96,272 |
Fixed Income |
|
36,758 |
|
|
36,287 |
Multi-Asset (3) |
|
21,578 |
|
|
21,183 |
Alternatives (4) |
|
16,636 |
|
|
16,322 |
Total |
$ |
173,325 |
|
$ |
170,064 |
(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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240611439954/en/
Contacts
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com
