On Friday, August 3, executives and guests of Duff & Phelps Investment Management Co. and Virtus Investment Partners, Inc. will visit the New York Stock Exchange to mark the first anniversary of trading of the Duff & Phelps Global Utility Income Fund Inc. (NYSE: DPG).
In recognition of the occasion, Deborah A. Jansen, CFA, chief investment officer, Duff & Phelps Global Utility Income Fund and George R. Aylward, president and chief executive officer, Virtus Investment Partners, will ring The Closing BellSM.
Watch the video of the ringing.
The Duff & Phelps Global Utility Income Fund Inc., managed by Duff & Phelps Investment Management Co., is a non-diversified, closed-end investment company which began trading on July 27, 2011. The fund’s investment objective is to seek total return, resulting primarily from a high level of current income, with an emphasis on providing tax-advantaged dividend income, and growth in current income, and secondarily from capital appreciation. The fund, which has $980 million of assets, seeks to achieve its investment objectives by investing primarily in dividend-paying equity securities of domestic and foreign utilities in the electric, gas, water, telecommunications, and midstream energy sectors.
For more information about DPG, please click here.
About Duff & Phelps Investment Management Co.
Duff & Phelps Investment Management Co., which manages more than $8.8 billion in open- and closed-end funds and institutional assets, as of June 30, 2012, has been a leader in investing in real estate investment trusts, infrastructure and utility companies, and in developing and managing focused investment strategies for specialized clients, including nuclear decommissioning trusts. It is an affiliated manager of Virtus Investment Partners.
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. Additional information can be found at www.virtus.com.