Virtus Global Multi-Sector Income Fund
VGIFinancial Services · Stock · monthly payer
Forward Yield
13.79%
Annual Dividend
$0.96
Payout Ratio
102%
5-Yr Growth
-6.3%
Ex-Date
Oct 13, 2026
Frequency
Monthly
Summary
As of September 2026, Virtus Global Multi-Sector Income Fund (VGI) yields 13.79% ($0.96 per share annually), with a blended fair-value estimate of $21.52 — +209% upside, so it screens as undervalued. Dividend safety grade: C (56/100).
Is VGI a good dividend stock?
MixedVirtus Global Multi-Sector Income Fund (VGI) pays a monthly dividend yielding 13.79% ($0.96/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (102%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 13.79%
- Payout Ratio
- 102%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- -6.3%
- Ex-Dividend Date
- Oct 13, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $78.7M
- P/E Ratio
- 7.4
- 5-Yr Total Return
- -41%
- 52-Week Range
- $6.87 – $8.04
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
VGI Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
+3%
5 Years
-41%
52-Week Range
$6.87 – $8.04
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is VGI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Virtus Global Multi-Sector Income Fund is $21.52 per share, versus a market price of $6.96. That implies 209% of upside — a margin of safety of about 68%.
Fair Value
$21.52
Current Price
$6.96
Upside
+209%
Margin of Safety
68%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.94 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
VGI Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 14, 2026 | — | $0.0800 | regular |
| Aug 13, 2026 | — | $0.0800 | regular |
| Jul 13, 2026 | — | $0.0800 | regular |
| Jun 15, 2026 | — | $0.0800 | regular |
| May 11, 2026 | — | $0.0800 | regular |
| Apr 13, 2026 | — | $0.0800 | regular |
| Mar 16, 2026 | — | $0.0800 | regular |
| Feb 12, 2026 | — | $0.0800 | regular |
| Jan 12, 2026 | — | $0.0800 | regular |
| Dec 11, 2025 | — | $0.0800 | regular |
| Nov 13, 2025 | — | $0.0800 | regular |
| Oct 14, 2025 | — | $0.0800 | regular |
| Sep 12, 2025 | — | $0.0800 | regular |
| Aug 11, 2025 | — | $0.0800 | regular |
Income Calculator
At $0.96 / yr per share
