The fixed income portion of the Fund is designed to generate high current income and total return through the application of active sector rotation, extensive credit research, and disciplined risk management. Virtus Investment Advisers, LLC is the investment adviser and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund.
Cyborg Score Rationale
A well-established closed-end fund with diversified infrastructure and fixed-income exposure, managed by respected advisers. The fund conducts share buyback programs (December 2025 tender offer) and maintains steady dividend distributions, indicating stable operations and shareholder-friendly capital management.
Top Insights
(December 2025) Completed tender offer to acquire 10% of outstanding shares, accepting 5,554,844 shares
Global infrastructure exposure across communications, utility, energy, and transportation sectors
Dual subadvisory structure with specialized infrastructure and fixed-income expertise
Closed-end fund structure allows for premium/discount trading dynamics and leveraged strategies
Named Competitors
Infrastructure funds — Infrastructure and dividend-focused closed-end funds
Infrastructure CEFs — Infrastructure-focused closed-end fund offerings
Diversified dividend CEFs — Balanced equity and fixed-income closed-end funds
Recent Developments
(December 2025) Tender offer completed accepting 5,554,844 shares at $6.9874 per share
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