HARTFORD, Conn., Nov. 10, 2020 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of October 31, 2020 of $115.2 billion and $116.6 billion (including $1.4 billion of liquidity assets), respectively.
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Assets Under Management (unaudited)
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($ in millions)
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By Product Type:
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October 31, 2020
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September 30, 2020
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Long-Term:
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Open-End Funds (1)
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$
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43,582
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$
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43,369
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Closed-End Funds
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5,697
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5,629
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Exchange Traded Funds
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547
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543
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Retail Separate Accounts
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25,162
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24,727
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Institutional Accounts
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36,125
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36,596
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Structured Products
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4,048
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4,163
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Total Long-Term
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115,161
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115,027
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Liquidity (2)
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1,395
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1,460
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Total
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$
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116,556
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$
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116,487
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(1)
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Includes AUM of mutual funds registered under the Investment Company Act of 1940 and Undertakings for Collective Investments in Transferable Securities (UCITS)
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(2)
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Represents AUM in liquidity strategies, which reflect ultra-short duration fixed income products in open-end funds and institutional accounts
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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. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Its affiliates include Ceredex Value Advisors, Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions.
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SOURCE Virtus Investment Partners, Inc.