Virtus Investment Partners, Inc. (NYSE: VRTS) has declared a quarterly cash dividend of $2.45 per common share for the third quarter of 2026. The Board of Directors approved the payout, which represents the ninth consecutive annual increase in the company's dividend distribution.

The decision underscores the asset management firm's continued commitment to returning capital to shareholders. Management cited a solid balance sheet and consistent cash flow generation as the primary enablers of this capital allocation strategy.

Dividend Schedule and Details

The third quarter 2026 dividend will be paid on November 13, 2026. Shareholders must be recorded as owners at the close of business on October 30, 2026, to be eligible for the payment.

Capital Allocation Strategy

George R. Aylward, president and chief executive officer, highlighted the firm's disciplined approach to capital management. He noted that the strategy allows Virtus to provide an attractive dividend while simultaneously pursuing share repurchase opportunities.

"This ninth consecutive annual dividend increase reflects our continued commitment to returning capital to shareholders," Aylward said. "Supported by a solid balance sheet and ongoing cash flow generation, our disciplined approach to capital management allows us to provide an attractive dividend, pursue share repurchase opportunities, and retain appropriate leverage while continuing to invest in the business."

Future declarations of dividends, along with the establishment of subsequent record and payment dates, remain subject to approval by the Board of Directors.

Virtus Investment Partners, Inc. (NYSE: VRTS) has converted two existing Zevenbergen mutual funds into actively managed exchange-traded funds, expanding its ETF lineup with high-growth equity strategies. The reorganization creates the Virtus Zevenbergen Innovative Growth ETF (NYSE: ZINN) and the Virtus Zevenbergen Discovery Growth ETF (NYSE: ZDIS), preserving the investment philosophy of the predecessor funds while offering intraday tradability and tax efficiencies.

The two new ETFs hold a combined $207.8 million in assets under management (AUM) as of June 30, 2026. The Innovative Growth ETF holds $137.7 million, while the Discovery Growth ETF holds $70.1 million. Both funds were originally launched on August 31, 2015.

Zevenbergen Capital Investments LLC (ZCI), an investment manager of Virtus, will continue to manage both portfolios. ZINN seeks long-term capital appreciation by investing in a concentrated portfolio of companies across capitalizations and life cycle stages with strong growth prospects. ZDIS targets companies in the early stages of their life cycle, often driven by technological advancement.

What the Numbers Show

The conversion consolidates over two decades of fund history into a single ETF structure. The Innovative Growth ETF represents approximately 66% of the combined AUM ($137.7 million vs $70.1 million), indicating a larger investor base or higher asset accumulation in the broader growth strategy compared to the discovery-focused mandate.

William J. Smalley, executive managing director of Virtus ETF Solutions, stated that the introduction expands Virtus’ lineup of actively managed ETF strategies. Nancy Zevenbergen, CFA, president and chief investment officer of ZCI, noted that the move provides increased transparency and access for shareholders who have held the research for more than a decade.

ZCI specializes in high-growth and technology equity strategies for separately managed portfolios, mutual funds, and ETFs. Founded in 1987, the firm focuses on founder-led companies with strong financials and experienced management teams.