Virtus Global Multi-Sector Income Fund to Remove Managed Distribution Plan, Maintain Monthly Distribution of $0.08/Share

HARTFORD, Conn., Nov. 18, 2021 /PRNewswire/ -- Virtus Global Multi-Sector Income Fund (NYSE: VGI), a diversified closed-end fund, today announced that it will remove its managed distribution plan, effective with the December distribution. The fund intends to maintain its level payout at the current distribution rate of $0.08 per share.