Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of June 30, 2020 of $107.1 billion and $108.5 billion (including $1.4 billion of liquidity assets), respectively. The increase in long-term AUM from March 31, 2020 reflected market appreciation and positive net flows, including net inflows in mutual funds, retail separate accounts and institutional accounts, partially offset by net outflows in other products.
| Assets Under Management (unaudited) | |||||||||||
| ($ in millions) | |||||||||||
| By Product Type: | June 30, 2020 | May 31, 2020 | March 31, 2020 | ||||||||
| Long-Term: | |||||||||||
| Open-End Funds (1) | $ | 40,053 | $ | 39,015 | $ | 33,498 | |||||
| Closed-End Funds | 5,639 | 5,785 | 5,343 | ||||||||
| Exchange Traded Funds | 541 | 561 | 480 | ||||||||
| Retail Separate Accounts | 22,054 | 21,336 | 17,660 | ||||||||
| Institutional Accounts | 34,545 | 32,987 | 28,210 | ||||||||
| Structured Products | 4,264 | 4,250 | 4,343 | ||||||||
| Total Long-Term | 107,096 | 103,934 | 89,534 | ||||||||
| Liquidity (2) | 1,365 | 1,324 | 1,160 | ||||||||
| Total | $ | 108,461 | $ | 105,258 | $ | 90,694 | |||||
| (1) | Includes AUM of mutual funds registered under the Investment Company Act of 1940 and Undertakings for Collective Investments in Transferable Securities (UCITS) |
| (2) | Represents AUM in liquidity strategies, which reflect ultra-short duration fixed income products in open-end funds and institutional accounts |
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, Rampart Investment Management, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions.
