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Stock impact report

AMZA Modifies Estimate of Deferred Tax Liability [Yahoo! Finance]

Virtus Investment Partners, Inc. (VRTS) 
Last virtus investment partners, inc. earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.virtus.com
Company Research Source: Yahoo! Finance
liability based on information reported by the Master Limited Partnerships (MLPs) and will record an additional accrual of approximately $7 million (approximately $0.72 per share) into the net asset value of the Fund on April 30, 2024. The Fund will rely to a large extent on information provided by the MLPs, which is largely reported on a delayed basis and is not necessarily timely, to estimate deferred tax liability for purposes of financial statement reporting and determining the NAV. From time to time, the Adviser will modify the estimates or assumptions regarding the Fund's deferred tax liability as new information becomes available and may consider, among other matters, the duration of statutory carryforward periods, shareholder transactions, underlying index constituent changes and market conditions. The Fund's estimates regarding its deferred tax liability are made in good faith; however, the daily estimate of the Fund's deferred tax liability used to calculate the Fund's NAV Show less Read more
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