Virtus Investment Partners Reports Preliminary July 31, 2024 Assets Under Management

Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $178.1 billion and other fee earning assets of $2.5 billion for total client assets of $180.6 billion as of July 31, 2024. The increase in AUM from June 30, 2024 primarily reflects market performance and positive net flows in retail separate accounts, partially offset by net outflows in institutional accounts and open-end funds. Preliminary average AUM for the month was $174.8 billion.

Assets Under Management (unaudited)

($ in millions)

 

 

 

 

By Product Type:

July 31, 2024

 

June 30, 2024

Open-End Funds (1)

$

56,774

 

$

55,852

Closed-End Funds

 

10,208

 

 

9,915

Retail Separate Accounts (2)

 

48,017

 

 

45,672

Institutional Accounts (3)

 

63,094

 

 

62,146

Total Assets Under Management

$

178,093

 

$

173,585

 

 

 

 

By Asset Class:

July 31, 2024

 

June 30, 2024

Equity

$

102,869

 

$

99,224

Fixed Income

 

37,404

 

 

36,970

Multi-Asset (4)

 

21,351

 

 

21,060

Alternatives (5)

 

16,469

 

 

16,331

Total Assets Under Management

$

178,093

 

$

173,585

(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 [phone] [e-mail]