HARTFORD, Conn., July 13, 2020 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of June 30, 2020 of $107.1 billion and $108.5 billion (including $1.4 billion of liquidity assets), respectively. The increase in long-term AUM from March 31, 2020 reflected market appreciation and positive net flows, including net inflows in mutual funds, retail separate accounts and institutional accounts, partially offset by net outflows in other products.

Assets Under Management (unaudited)

($ in millions)

By Product Type:

June 30, 2020


May 31, 2020


March 31, 2020

Long-Term:






Open-End Funds (1)

$

40,053



$

39,015



$

33,498


Closed-End Funds

5,639



5,785



5,343


Exchange Traded Funds

541



561



480


Retail Separate Accounts

22,054



21,336



17,660


Institutional Accounts

34,545



32,987



28,210


Structured Products

4,264



4,250



4,343


Total Long-Term

107,096



103,934



89,534








Liquidity (2)

1,365



1,324



1,160


Total

$

108,461



$

105,258



$

90,694




(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 Solutions.

Virtus Investment Partners, Inc. (PRNewsFoto/Virtus Investment Partners, Inc.) (PRNewsfoto/Virtus Investment Partners)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/virtus-investment-partners-reports-preliminary-june-30-2020-assets-under-management-301091966.html

SOURCE Virtus Investment Partners, Inc.

Copyright 2020 PR Newswire

Virtus Investment Partners (NASDAQ:VRTS)
Historical Stock Chart
From Oct 2020 to Nov 2020 Click Here for more Virtus Investment Partners Charts.
Virtus Investment Partners (NASDAQ:VRTS)
Historical Stock Chart
From Nov 2019 to Nov 2020 Click Here for more Virtus Investment Partners Charts.