Virtus Investment Partners Reports Preliminary December 31, 2023 Assets Under Management

HARTFORD, Conn.--(BUSINESS WIRE)--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.