DEF 14A: Virtus Funds Announce Joint Annual Meeting of Shareholders to Elect Trustees and Directors

Virtus Funds will hold a virtual Joint Annual Meeting of Shareholders on June 2, 2025, to elect trustees and directors for various funds.

Summary

• Virtus Artificial Intelligence & Technology Opportunities Fund, Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II, Virtus Diversified Income & Convertible Fund, Virtus Dividend, Interest & Premium Strategy Fund, Virtus Equity & Convertible Income Fund, Virtus Global Multi-Sector Income Fund, Virtus Stone Harbor Emerging Markets Income Fund, and Virtus Total Return Fund Inc. will hold a Joint Annual Meeting of Shareholders on June 2, 2025.
• The meeting will be held virtually at 3:30 p.m. Eastern Time.
• Shareholders will vote on the election of trustees and directors for the respective funds.
• The record date for determining shareholders entitled to vote is April 2, 2025.
• The Board of Trustees recommends that shareholders vote for the election of each trustee nominee.
• Shareholders can attend the meeting virtually, vote their shares electronically, and submit questions online.
• The proxy statement, annual report, and related materials are available online.

Sentiment

Score: 7

Explanation: The document is a routine proxy statement, indicating a neutral to slightly positive sentiment as it reflects standard corporate governance practices.

Positives

• The Board of Trustees unanimously recommends voting for the election of each trustee nominee.
• Shareholders have the option to attend the meeting virtually and vote electronically, increasing accessibility.
• The proxy statement and annual report are readily available online for shareholders to review.

Future Outlook

The document outlines the process for electing trustees and directors, ensuring the funds have governance in place for future operations.

Management Comments

• The Board of Trustees of each fund recommends that you vote for electing each trustee nominee.

Industry Context

This announcement is standard practice for registered investment companies, ensuring compliance with regulatory requirements and providing shareholders with the opportunity to participate in the governance of the funds.

Comparison to Industry Standards

• The structure of the board with independent and interested trustees is common in the investment management industry.
• The virtual meeting format aligns with current trends towards increased accessibility and reduced costs.
• The process for shareholder nominations and communications is consistent with industry best practices.

Stakeholder Impact

• Shareholders have the opportunity to influence the governance of the funds through their votes.
• The election of qualified trustees and directors is intended to benefit shareholders by ensuring effective oversight of the funds.

Next Steps

• Shareholders should review the proxy materials and vote on the proposals.
• Shareholders who plan to attend the virtual meeting should register in advance if they hold shares through an intermediary.

Key Dates

Keywords

Annual Meeting, Trustees, Directors, Shareholders, Virtus Funds, Proxy Statement, Election