Virtus Global Multi-Sector Income Fund Declares Distribution

         Virtus Global Multi-Sector Income Fund Declares Distribution

PR Newswire

HARTFORD, Conn., Feb. 1, 2013

HARTFORD, Conn., Feb. 1, 2013 /PRNewswire/ --Virtus Global Multi-Sector
Income Fund (NYSE: VGI), a diversified closed-end fund, today announced the
following monthly income distribution:

Dividend Declaration Date Record Date   Payable Date
$0.117   Feb. 1, 2013     Feb. 11, 2013 Feb. 19, 2013


Distributions may represent earnings from net investment income, excess gains
taxable as ordinary income or, if necessary, return of capital. Any portion of
the fund's distributions that is a return of capital does not necessarily
reflect the fund's investment performance and should not be confused with
"yield" or "income." The tax status of distributions will be determined at
the end of the taxable year.

The Virtus Global Multi-Sector Income Fund seeks to maximize current income
while preserving capital by giving investors an opportunity to benefit from
broadly diversified holdings across the major domestic and international
fixed-income sectors. It is managed by Newfleet Asset Management, LLC, an
affiliated manager of Virtus Investment Partners, Inc., which specializes in
multi-sector fixed income investing.

For more information on the fund, contact shareholder services at (866)
270-7788, by email at, or through the closed end
fund section on the web at

About Newfleet Asset Management

Newfleet Asset Management, an affiliated manager of Virtus Investment Partners
(NASDAQ: VRTS), provides comprehensive fixed income portfolio management in
multiple strategies. Newfleet Multi-Sector Strategies, the team that manages
the Virtus Global Multi-Sector Income Fund, leverages the knowledge and skill
of investment professionals with expertise in every sector of the bond market,
including evolving, specialized, and out-of-favor sectors. The team employs
active sector rotation and disciplined risk management to portfolio
construction, avoiding interest rate bets and remaining duration neutral to
each strategy's stated benchmark. 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.
For more information visit

SOURCE Virtus Investment Partners

Contact: Shareholder Services, +1-866-270-7788,
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