Virtus Total Return Fund Inc. reports recurring closed-end fund developments for its NYSE-listed shares, including monthly distribution announcements, Section 19(a) notices, distribution-source estimates, and NAV-based performance and distribution-rate information. The fund is a diversified closed-end management investment company with an objective of capital appreciation and income as a secondary objective.
News about ZTR also covers fund capital actions such as tender offers. Virtus Investment Advisers, LLC serves as investment adviser, with Duff & Phelps Investment Management Co. and Newfleet Asset Management named as subadvisers to the fund.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 per share, with an ex-date of April 12, 2023, record date April 13, 2023, and payable date April 25, 2023. Under its Managed Distribution Plan, the fund aims to maintain consistent distribution levels funded through net investment income, realized capital gains, or fund assets. Shareholders should understand that if the income and gains are insufficient, distribution amounts may include a return of capital, which does not reflect the fund's investment performance. As of March 2023, the fund's average annual total return on NAV over the past five years is 5.05%, while the annualized current distribution rate stands at 13.58%. The fiscal year-to-date cumulative total return is -1.32%, and cumulative distribution rate is 4.53%.