VRTS Virtus Investment Partners Inc

Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $173.6 billion and other fee earning assets of $2.6 billion for total client assets of $176.2 billion as of June 30, 2024. The decrease in AUM from March 31, 2024 primarily reflects market performance and net outflows due to institutional accounts and open-end funds, partially offset by positive net flows in retail separate accounts. Preliminary average AUM for the quarter was $175.2 billion.

Assets Under Management (unaudited)

($ in millions)

 

 

 

 

 

 

By Product Type:

June 30, 2024

 

May 31, 2024

 

March 31, 2024

Open-End Funds (1)

$

55,852

 

$

56,170

 

$

57,818

Closed-End Funds

 

9,915

 

 

10,002

 

 

10,064

Retail Separate Accounts (2)

 

45,672

 

 

45,605

 

 

46,816

Institutional Accounts (3)

 

62,146

 

 

61,548

 

 

64,613

Total Assets Under Management

$

173,585

 

$

173,325

 

$

179,311

 

 

 

 

 

 

By Asset Class:

June 30, 2024

 

May 31, 2024

 

March 31, 2024

Equity

$

99,224

 

$

98,353

 

$

103,501

Fixed Income

 

36,970

 

 

36,758

 

 

37,037

Multi-Asset (4)

 

21,060

 

 

21,578

 

 

21,975

Alternatives (5)

 

16,331

 

 

16,636

 

 

16,798

Total Assets Under Management

$

173,585

 

$

173,325

 

$

179,311

  (1) Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds

(2) Includes strategies for which investment models are provided to managed account sponsors

(3) Represents assets under management of institutional separate and commingled accounts including structured products (4) Consists of multi-asset offerings not included in equity, fixed income, and alternatives

(5) 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.

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Sean Rourke (860) 263-4709 sean.rourke@virtus.com