Virtus Total Return Fund Inc. Stock Price, News & Analysis

Virtus Total Return Fund (NYSE: ZTR) has announced its monthly distribution of $0.05 per share, payable on June 27, 2025. The Fund operates under a Managed Distribution Plan, with the current distribution sourced primarily from net realized long-term capital gains (86.6%) and return of capital (13.4%).

The Fund's performance metrics show an average annual total return on NAV of 8.21% for the 5-year period, with an annualized current distribution rate of 8.61%. The fiscal YTD cumulative total return on NAV stands at 4.66%, while the fiscal YTD cumulative distribution rate is 4.30%.

Virtus Total Return Fund Inc. (NYSE: ZTR) has declared monthly distributions of $0.05 per share for July and August 2025, payable on July 30 and August 28, respectively. The Fund's Managed Distribution Plan aims to maintain consistent distribution levels, which can be sourced from net investment income, realized capital gains, or return of capital. Recent distribution analysis shows 63.4% came from return of capital, while 36.6% from long-term capital gains. The Fund's 5-year average annual total return on NAV is 8.21%, with an annualized current distribution rate of 8.61%. The fiscal YTD cumulative total return stands at 4.66%, with a cumulative distribution rate of 4.30%.

Virtus Total Return Fund Inc. (NYSE: ZTR) has appointed Benjamin Caron, CFA, as a new portfolio manager. Caron, a senior managing director at Newfleet Asset Management with over 25 years of industry experience, joins the Fund's management team alongside David L. Albrycht, Steven Wittwer, and Rodney Clayton. He will also manage GF Multi-Sector Income, Multi-Sector Intermediate Bond, and Multi-Sector Intermediate Bond Series funds. Caron is part of Newfleet's multi-sector portfolio management team, overseeing various fixed income funds, ETFs, and offshore vehicles. Concurrent with this appointment, Connie Luecke, CFA, from Duff & Phelps will step down from her role as portfolio manager but continues managing the DNP Select Income Fund Inc.

Virtus Total Return Fund Inc. (NYSE: ZTR) has announced its monthly distribution of $0.05 per share, payable on May 29, 2025. The Fund's distribution sources reveal that 63.4% comes from return of capital, while 36.6% is from net realized long-term capital gains for May 2025. Year-to-date, 55.5% of distributions represent return of capital. The Fund's performance metrics show an average annual total return of 9.17% on NAV for the 5-year period and an annualized current distribution rate of 8.72%. The fiscal YTD cumulative total return on NAV stands at 2.48%, with a cumulative distribution rate of 3.63%.

Virtus Total Return Fund (NYSE: ZTR) has announced its April 2025 monthly distribution of $0.05 per share, payable on April 29, 2025. The fund operates under a Managed Distribution Plan, aiming to maintain consistent distribution levels.

Key distribution highlights for April 2025:

• Net Realized Long-Term Capital Gains: 97.6% ($0.049 per share)
• Net Realized Short-Term Capital Gains: 2.4% ($0.001 per share)
• No return of capital for April distribution

Notable fund performance metrics as of March 31, 2025:

• 5-year Average Annual Total Return on NAV: 10.46%
• Current Distribution Rate (annualized): 8.85%
• Fiscal YTD Cumulative Total Return: 0.16%
• Fiscal YTD Cumulative Distribution Rate: 2.95%

Shareholders should note that distributions may include return of capital, and actual distribution sources for tax purposes will be confirmed via Form 1099-DIV.

Virtus Total Return Fund (NYSE: ZTR) has disclosed information regarding its monthly distribution under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income and realized capital gains.

The fund has indicated that it has distributed more than its income and capital gains, meaning a portion of the distribution may constitute a return of capital to shareholders. This occurs when investors receive back part of their original investment and should not be interpreted as yield or income.

The fund emphasizes that actual distribution amounts and sources for tax purposes will depend on the fund's investment experience during the remainder of its fiscal year. Shareholders will receive Form 1099-DIV for tax reporting purposes.

Virtus Total Return Fund (NYSE: ZTR) has announced its monthly distributions under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination thereof.

The fund has disclosed that it has distributed more than its income and capital gains, indicating that a portion of the distribution may constitute a return of capital to shareholders. This return of capital occurs when investors receive back part of their original investment and should not be confused with yield or income.

The fund has already announced its February 2025 distribution. Shareholders will receive Form 1099-DIV for calendar year tax reporting purposes, with final distribution sources depending on the fund's investment experience and tax regulations.

Virtus Total Return Fund (NYSE: ZTR) has disclosed information regarding its monthly distribution under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income and realized capital gains.

The fund has indicated that it has distributed more than its income and capital gains, meaning a portion of the distribution likely represents a return of capital to shareholders. This occurs when investors receive back part of their original investment, which should not be confused with yield or income.

The fund emphasizes that distribution estimates are preliminary, and actual tax reporting amounts will depend on the fund's remaining fiscal year performance. Shareholders will receive Form 1099-DIV for official tax reporting purposes.

Virtus Total Return Fund Inc. (NYSE: ZTR) has completed its previously announced tender offer, accepting 6,172,049 shares, representing 10% of its outstanding shares. The tender offer, which expired on February 6, 2025, received a total of 20,219,605 properly tendered shares. Due to oversubscription, shares were accepted on a prorated basis, with approximately 30.53% of shares tendered by each stockholder being accepted for payment.

The purchase price was set at $6.4386 per share, representing 98% of the Fund's net asset value per share as determined at the close of regular trading on the New York Stock Exchange on February 6, 2025. Payment for the accepted shares is scheduled for around February 12, 2025.