ZTR Profile
Virtus Global Dividend & Income Fund Inc., a closed-ended balanced mutual fund, was launched by Virtus Investment Partners, Inc. and is co-managed by Virtus Investment Advisers, Inc., Kayne Anderson Rudnick Investment Management LLC, and Newfleet Asset Management, LLC. The fund primarily invests in the public equity and fixed income markets within the United States, aiming to achieve a diversified portfolio across various sectors.
Specializing in growth at a reasonable price (GARP) stocks of large-cap companies, Virtus Global Dividend & Income Fund also allocates its investments to investment-grade bonds issued by both corporate entities and governments. The fund operates under an active management strategy, seeking to optimize returns while managing risk effectively.
The investment approach of the fund benchmarks its performance against a composite index consisting of 60% Russell Developed Large Cap Index and 40% Bloomberg Barclays U.S. Aggregate Bond Index, providing a structured framework for evaluating its investment outcomes. This disciplined approach underscores its commitment to delivering competitive returns relative to its benchmark indices.
Established on September 30, 1988, and based in the United States, Virtus Global Dividend & Income Fund Inc., formerly known as The Zweig Total Return Fund, Inc., continues to uphold its legacy of prudent investment management and comprehensive diversification strategies in the dynamic landscape of financial markets.
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