Kollegen bei der Unternehmensplanung.
Montag, 21.11.2016 15:30 von | Aufrufe: 25

Virtus Global Dividend & Income Fund Announces Results of Special Meetings of Shareholders

Kollegen bei der Unternehmensplanung. pixabay.com

PR Newswire

HARTFORD, Conn., Nov. 21, 2016 /PRNewswire/ -- The Board of Directors of the Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) today announced that at two special meetings of shareholders, each held on November 18, shareholders approved the following: an investment advisory agreement between the fund and Virtus Investment Advisers, Inc. (VIA); subadvisory agreements between VIA and each of Kayne Anderson Rudnick Investment Management, LLC and Newfleet Asset Management, LLC.; and the election of William R. Moyer as a Class I director for a three-year term or until a successor has been duly elected and qualified.

The voting results are as follows:


For

Against

Abstain

Proposal 1 (A)

Investment advisory agreement with
Virtus Investment Advisers (VIA)


ARIVA.DE Börsen-Geflüster

11,208,652

1,822,003

503,297

Proposal 1 (B)

Subadvisory agreement between VIA
and Kayne Anderson Rudnick

11,165,131

1,852,037

516,783

Proposal 1 (C)

Subadvisory agreement between VIA
and Newfleet Asset Management

11,131,958

1,866,212

535,783






For

Withheld


Election of Director

William R. Moyer

18,363,297

3,382,665








 

About the Fund

The Virtus Global Dividend & Income Fund is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. Virtus Investment Advisers is the adviser to the fund and Kayne Anderson Rudnick and Newfleet Asset Management are subadvisers. The fund's investment strategy has a current target allocation of 60 percent equities, incorporating Kayne Anderson Rudnick's global dividend yield strategy, and 40 percent fixed income, using Newfleet's multi-sector core plus strategy. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread.

For more information about the fund, contact Shareholder Services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com.

Fund Risks

An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a discount to their net asset value.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-announces-results-of-special-meetings-of-shareholders-300366529.html

SOURCE Virtus Global Dividend & Income Fund Inc.

Werbung

Mehr Nachrichten zur Virtus Global Dividend & Income Fund Inc. Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News