Open-End Funds was Virtus Investment Partners’s largest product and service line in fiscal 2025, bringing in $286.61M of $852.87M (34%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Open-End Funds | $335.59M | $305.24M | $317.99M | $286.61M | ||||||
| Retail Separate Accounts | $171.51M | $171.36M | $209.47M | $209.54M | ||||||
| Institutional Accounts | $157.40M | $176.74M | $187.19M | $167.59M | ||||||
| Administration & Shareholder Service Fees | $85.86M | $73.86M | $74.29M | $73.28M | ||||||
| Distribution & Service Fees | $67.52M | $56.15M | $54.69M | $49.58M | ||||||
| Closed-End Funds | $63.84M | $58.14M | $59.18M | $61.31M | ||||||
| Structured Products | — | — | — | — | ||||||
| Other Income & Fees | $4.66M | $3.78M | $4.13M | $4.97M | ||||||
| Other Products | — | — | — | — | ||||||
| Total | $886.38M | $845.27M | $906.95M | $852.87M |
Virtus Investment Partners brought in $852.87M from its seven product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 6.0% from $906.95M in fiscal 2024. Open-End Funds was the largest at $286.61M (33.6%), ahead of Retail Separate Accounts at $209.54M (24.6%) and Institutional Accounts at $167.59M (19.6%). The other four lines brought in $189.13M combined.
Compared with fiscal 2024, Closed-End Funds grew fastest, up 3.6% to $61.31M, while Institutional Accounts fell the most, down 10.5% to $167.59M. From fiscal 2022 to 2025, combined revenue from these lines fell from $886.38M to $852.87M, 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 $286.61M (33.6% of the total), followed by Retail Separate Accounts at $209.54M (24.6%).
Open-End Funds was Virtus Investment Partners' largest product and service line in fiscal 2025, bringing in $286.61M, or 33.6% of the $852.87M 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 $59.18M to $61.31M.
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 2016, 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.