Virtus Global Multi-Sector Income Fund Declares Distributions

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HARTFORD, Conn., Feb. 24, 2014 /PRNewswire/ -- Virtus Global Multi-Sector Income Fund VGI, a diversified closed-end fund, today announced the following monthly distributions:

Amount of Distribution

Declaration Date

Record Date

Payable Date

$0.120

March 3, 2014

March 13, 2014

March 20, 2014

$0.120

April 1, 2014

April 11, 2014

April 21, 2014

$0.120

May 1, 2014

May 12, 2014

May 19, 2014

(Logo:  http://photos.prnewswire.com/prnh/20121031/NE03346LOGO )

Distributions may represent earnings from net investment income, net short-term capital gains taxable as ordinary income or, if necessary, return of capital. Any portion of the fund's distributions that is a return of capital does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income." The tax status of distributions will be determined at the end of the taxable year.

The Virtus Global Multi-Sector Income Fund seeks to maximize current income while preserving capital by giving investors an opportunity to benefit from broadly diversified holdings across the major domestic and international fixed-income sectors. It is managed by Newfleet Asset Management, LLC, an affiliated manager of Virtus Investment Partners, Inc., which specializes in multi-sector fixed income investing.

For more information on 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.

About Newfleet Asset Management

Newfleet Asset Management, an affiliated manager of Virtus Investment Partners VRTS, provides comprehensive fixed income portfolio management in multiple strategies. Newfleet Multi-Sector Strategies, the team that manages the Virtus Global Multi-Sector Income Fund, leverages the knowledge and skill of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction, avoiding interest rate bets and remaining duration neutral to each strategy's stated benchmark. Virtus Investment Partners VRTS is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors.  For more information visit www.virtus.com.

SOURCE Virtus Global Multi-Sector Income Fund

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