Open-End Funds was Virtus Investment Partners’s largest product and service line in fiscal 2025, bringing in $859.83M of $2.56B (34%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Open-End Funds | $1.01B | $915.71M | $953.97M | $859.83M | |||||
| Retail Separate Accounts | $514.53M | $514.07M | $628.40M | $628.61M | |||||
| Institutional Accounts | $472.21M | $530.23M | $561.57M | $502.76M | |||||
| Administration & Shareholder Service Fees | $257.59M | $221.57M | $222.88M | $219.83M | |||||
| Distribution & Service Fees | $202.55M | $168.46M | $164.08M | $148.74M | |||||
| Closed-End Funds | $191.52M | $174.41M | $177.55M | $183.92M | |||||
| Structured Products | — | — | — | — | |||||
| Other Products | — | — | — | — | |||||
| Other Income & Fees | $13.98M | $11.35M | $12.40M | $14.92M | |||||
| Total | $2.66B | $2.54B | $2.72B | $2.56B |
Virtus Investment Partners brought in $2.56B from its seven product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 6.0% from $2.72B in fiscal 2024. Open-End Funds was the largest at $859.83M (33.6%), ahead of Retail Separate Accounts at $628.61M (24.6%) and Institutional Accounts at $502.76M (19.6%). The other four lines brought in $567.39M combined.
Compared with fiscal 2024, Closed-End Funds grew fastest, up 3.6% to $183.92M, while Institutional Accounts fell the most, down 10.5% to $502.76M. From fiscal 2022 to 2025, combined revenue from these lines fell from $2.66B to $2.56B, a compound annual decline of 1.3%. Open-End Funds' share of the total fell from 37.9% to 33.6%.
Virtus Investment Partners (VRTS) reports its revenue by product and service. In fiscal 2025, Open-End Funds was its largest product and service line, bringing in $859.83M (33.6% of the total), followed by Retail Separate Accounts at $628.61M (24.6%).
Open-End Funds was Virtus Investment Partners' largest product and service line in fiscal 2025, bringing in $859.83M, or 33.6% of the $2.56B total across its seven product and service lines.
Among Virtus Investment Partners' product and service lines that make up at least 2% of revenue, Closed-End Funds grew fastest in fiscal 2025, up 3.6% from $177.55M to $183.92M.
Every figure comes from Virtus Investment Partners' annual financial filings, as reported. Each line keeps the name Virtus Investment Partners gives it, and years follow its fiscal calendar.
Virtus Investment Partners' revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.