HARTFORD, Conn., June 10, 2020 /PRNewswire/ -- Virtus
Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary
long-term and total assets under management (AUM) as of
May 31, 2020 of $103.9 billion and $105.3
billion (including $1.3
billion of liquidity assets), respectively.
|
Assets Under
Management (unaudited)
|
|
($ in
millions)
|
|
|
|
|
|
By Product
Type:
|
May 31,
2020
|
|
April 30,
2020
|
|
Long-Term:
|
|
|
|
|
Open-End Funds
(1)
|
$
|
39,015
|
|
|
$
|
36,477
|
|
|
Closed-End
Funds
|
5,785
|
|
|
5,606
|
|
|
Exchange Traded
Funds
|
561
|
|
|
597
|
|
|
Retail Separate
Accounts
|
21,336
|
|
|
19,279
|
|
|
Institutional
Accounts
|
32,987
|
|
|
30,581
|
|
|
Structured
Products
|
4,250
|
|
|
4,240
|
|
|
Total
Long-Term
|
103,934
|
|
|
96,780
|
|
|
|
|
|
|
Liquidity
(2)
|
1,324
|
|
|
1,223
|
|
|
Total
|
$
|
105,258
|
|
|
$
|
98,003
|
|
|
|
|
(1)
|
Includes AUM of
mutual funds registered under the Investment Company Act of 1940
and Undertakings for Collective Investments in Transferable
Securities (UCITS)
|
|
(2)
|
Represents AUM in
liquidity strategies, which reflect ultra-short duration fixed
income products in open-end funds and institutional
accounts
|
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. The company
provides investment management products and services through its
affiliated managers and select subadvisers, each with a distinct
investment style, autonomous investment process, and individual
brand. Virtus Investment Partners offers access to a variety of
investment styles across multiple disciplines to meet a wide array
of investor needs. Its affiliates include Ceredex Value Advisors,
Duff & Phelps Investment Management, Kayne Anderson Rudnick
Investment Management, Newfleet Asset Management, Rampart
Investment Management, Seix Investment Advisors, Silvant Capital
Management, Sustainable Growth Advisers, and Virtus ETF Advisers.
Additional information is available at virtus.com.
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SOURCE Virtus Investment Partners, Inc.