Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $172.3 billion as of December 31, 2023. The increase from September 30, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially offset by net outflows in open-end funds and institutional accounts. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.

Assets Under Management (unaudited)

($ in millions)

 

 

 

 

 

 

By Product Type:

December 31, 2023

 

November 30, 2023

 

September 30, 2023

Open-End Funds (1)

$

56,062

 

$

54,392

 

$

54,145

Closed-End Funds

 

10,026

 

 

9,810

 

 

9,472

Retail Separate Accounts

 

43,202

 

 

39,903

 

 

38,665

Institutional Accounts (2)

 

62,969

 

 

61,406

 

 

60,257

Total

$

172,259

 

$

165,511

 

$

162,539

 

 

 

 

 

 

By Asset Class:

December 31, 2023

 

November 30, 2023

 

September 30, 2023

Equity

$

96,703

 

$

90,862

 

$

87,984

Fixed Income

 

37,192

 

 

37,109

 

 

37,352

Multi-Asset (3)

 

21,411

 

 

20,661

 

 

19,937

Alternatives (4)

 

16,953

 

 

16,879

 

 

17,266

Total

$

172,259

 

$

165,511

 

$

162,539

(1)

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

(2)

Represents assets under management of institutional separate and commingled accounts including structured products

(3)

Consists of strategies and client accounts with substantial holdings in at least two of the following asset classes: equity, fixed income, and alternatives

(4)

Consists of managed futures, event-driven, real estate securities, infrastructure, long/short, and other strategies

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. 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.

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

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