Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders
HARTFORD, Conn., May 23, 2023--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), Virtus Global Multi-Sector Income Fund (NYSE: VGI), Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI), and Virtus Total Return Fund Inc. (NYSE: ZTR) announced the results of the joint annual meeting of shareholders that was held on May 22, 2023.
The voting results are as follows:
Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
Geraldine M. McNamara | 25,449,848.000 | 91 | % | 2,387,432.000 | 9 | % |
R. Keith Walton | 24,816,212.000 | 89 | % | 3,021,068.000 | 11 | % |
Brian T. Zino | 24,384,569.000 | 88 | % | 3,452,711.000 | 12 | % |
Virtus Convertible & Income 2024 Target Term Fund (CBH) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
George R. Aylward | 15,435,719.000 | 98 | % | 321,457.000 | 2 | % |
Sarah E. Cogan | 15,495,271.000 | 98 | % | 261,905.000 | 2 | % |
Deborah A. DeCotis | 15,481,552.000 | 98 | % | 275,624.000 | 2 | % |
Virtus Convertible & Income Fund (NCV) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
Geraldine M. McNamara | 65,386,695.237 | 95 | % | 3,548,056.000 | 5 | % |
George R. Aylward | 65,824,290.237 | 95 | % | 3,110,461.000 | 5 | % |
Sarah E. Cogan | 64,641,352.237 | 94 | % | 4,293,399.000 | 6 | % |
R. Keith Walton | 65,715,220.237 | 95 | % | 3,219,531.000 | 5 | % |
Virtus Convertible & Income Fund II (NCZ) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
George R. Aylward | 54,990,250.892 | 90 | % | 5,863,833.050 | 10 | % |
Deborah A. DeCotis | 52,093,752.892 | 86 | % | 8,760,331.050 | 14 | % |
Philip R. McLoughlin | 52,198,023.892 | 86 | % | 8,656,060.050 | 14 | % |
Virtus Diversified Income & Convertible Fund (ACV) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
Geraldine M. McNamara | 9,588,007.000 | 98 | % | 230,769.000 | 2 | % |
George R. Aylward | 9,551,890.000 | 97 | % | 266,886.000 | 3 | % |
F. Ford Drummond | 9,560,662.000 | 97 | % | 258,114.000 | 3 | % |
R. Keith Walton | 9,562,100.000 | 97 | % | 256,676.000 | 3 | % |
Virtus Dividend, Interest & Premium Strategy Fund (NFJ) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
Sarah E. Cogan | 77,144,005.293 | 90 | % | 8,621,246.000 | 10 | % |
F. Ford Drummond | 77,043,366.293 | 90 | % | 8,721,885.000 | 10 | % |
R. Keith Walton | 80,003,337.293 | 93 | % | 5,761,914.000 | 7 | % |
Virtus Equity & Convertible Income Fund (NIE) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
Geraldine M. McNamara | 22,085,159.425 | 97 | % | 661,867.470 | 3 | % |
R. Keith Walton | 22,174,615.425 | 97 | % | 572,411.470 | 3 | % |
Brian T. Zino | 22,158,648.425 | 97 | % | 588,378.470 | 3 | % |
Virtus Global Multi-Sector Income Fund (VGI) | ||||||
For | Withheld | |||||
# of Shares | % of Shares Voted | # of Shares | % of Shares Voted | |||
Donald C. Burke | 9,014,101.971 | 95 | % | 480,381.000 | 5 | % |
Sarah E. Cogan | 9,090,449.971 | 96 | % | 404,033.000 | 4 | % |
Sidney E. Harris | 9,029,214.971 | 95 | % | 465,268.000 | 5 | % |
John R. Mallin | 9,011,111.971 | 95 | % | 483,371.000 | 5 | % |
Virtus Stone Harbor Emerging Markets Total Income Fund (EDI) | ||||||
For | Withheld | |||||
# of Shares | % of Shares Voted | # of Shares | % of Shares Voted | |||
George R. Aylward | 6,913,167.000 | 96 | % | 302,358.000 | 4 | % |
Deborah A. DeCotis | 6,919,200.000 | 96 | % | 296,325.000 | 4 | % |
John R. Mallin | 6,914,074.000 | 96 | % | 301,451.000 | 4 | % |
R. Keith Walton | 6,882,455.000 | 95 | % | 333,070.000 | 5 | % |
Virtus Total Return Fund Inc. (ZTR) | ||||||
For | Withheld | |||||
# of Shares | % of Shares | # of Shares | % of Shares | |||
Connie D. McDaniel | 47,912,294.268 | 97 | % | 1,428,550.331 | 3 | % |
Geraldine M. McNamara | 47,828,788.823 | 97 | % | 1,512,055.776 | 3 | % |
R. Keith Walton | 47,920,932.018 | 97 | % | 1,419,912.581 | 3 | % |
Brian T. Zino | 47,952,553.357 | 97 | % | 1,388,291.242 | 3 | % |
About the Funds
Virtus Investment Partners offers income-generating closed-end funds with diversified strategies focused on a variety of asset classes including multi-sector fixed income, utilities, municipal bonds, convertibles, and MLPs. Strategies are available from affiliated managers and unaffiliated subadvisers.
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 premium or discount to their NAV. For more information about each fund’s investment objective and risks, please see the fund’s annual report. A copy of each fund’s most recent annual report may be obtained free of charge by contacting Shareholder Services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.
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. For more information, visit virtus.com.
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Contacts
For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com