Virtus Global Multi-Sector Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to maximize current income while preserving capital. Under normal circumstances, the Fund invests at least 80% of its Managed Assets in fixed income securities of the United States and non-United States issuers. The Fund will invest at least 80% of its Managed Assets in issuers located in at least three countries, including the United States. The Fund's investments will include securities issued or guaranteed as to principal and interest by the United States Government, its agencies, authorities or instrumentalities; debt securities issued by foreign governments and their political subdivisions; investment grade securities of United States and non-United States issuers, and debt securities of United States and non-United States issuers. Virtus Investment Advisers, Inc. acts as the Fund's investment adviser.