Virtus Investment Partners Stock (NASDAQ:VRTS)
Previous Close
$201.90
52W Range
$168.78 - $263.39
50D Avg
$218.13
200D Avg
$226.11
Market Cap
$1.40B
Avg Vol (3M)
$43.52K
Beta
1.45
Div Yield
$9.00 (3.86%)
VRTS Company Profile
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
VRTS Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|
| Institutional Accounts | $157.40M | $143.49M | $109.53M |
| Investment Management Fees | $728.34M | $781.59M | $505.34M |
| Open End Funds | $335.58M | $393.67M | $247.52M |
| Retail Separate Accounts | $171.51M | $174.92M | $104.93M |
| Closed End Funds | $63.84M | $63.30M | $36.83M |
| Structured Products | - | $4.73M | $4.01M |
| Other Products | - | $1.48M | $2.51M |
| Other Income And fees | - | - | $670.00K |
| Administration And Shareholder Service Fees | - | - | $59.46M |
| Distribution And Service Fees | - | - | $38.42M |
Fiscal year ends in Dec 23 | Currency in USD