Welcome to our dedicated page for Virtus Total Return Fund news (Ticker: ZTR), a resource for investors and traders seeking the latest updates and insights on Virtus Total Return Fund stock.
Virtus Total Return Fund Inc. (NYSE: ZTR) is a diversified closed-end management investment company with an investment objective of capital appreciation, and income as a secondary objective. The fund indicates that it pursues these objectives through a balance of equity and fixed income investments, and its shares trade on the New York Stock Exchange, where they may trade at a premium or discount to net asset value (NAV).
This news page highlights the fund’s recurring disclosures about monthly distributions, Section 19(a) notices, and tender offer activity. Regular press releases detail announced distribution amounts, ex-dates, payable dates, and estimated sources of each distribution, including net investment income, net realized short-term and long-term capital gains, and return of capital. The fund also publishes information on performance and distribution rates based on NAV, such as average annual total return on NAV and fiscal year-to-date cumulative total return and distribution rates.
In addition to distribution-related updates, Virtus Total Return Fund Inc. issues announcements regarding tender offers to repurchase a portion of its outstanding shares. These releases describe the terms of each offer, including the percentage of shares subject to repurchase, the pricing formula based on a percentage of NAV, and whether the offer was oversubscribed, leading to prorated acceptance of tendered shares. The fund has also discussed conditional tender offers that may be triggered when its average trading discount to NAV exceeds a specified threshold over a measurement period.
Investors and observers can use this news stream to follow how the fund manages distributions under its Managed Distribution Plan, how it addresses trading discounts through tender offers, and how its reported performance metrics based on NAV evolve over time.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 per share, payable on February 18, 2022. The distribution will be sourced from net investment income (16.3%), net realized short-term capital gains (47.0%), and a return of capital (36.7%). The Fund warns that the distribution may exceed its income and realized gains, indicating that some funds may be a return of capital rather than investment performance. As of January 31, 2022, the Fund's average annual total return on NAV over the last five years is 6.95%.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 on January 5, 2022, under its Managed Distribution Plan. The distribution consists of 36.7% from net investment income, with 63.3% classified as a return of capital. The fund advises that this return of capital does not reflect investment performance. As of December 31, 2021, the fund reported an average annual total return on NAV of 8.57% over five years and a current fiscal year-to-date annualized distribution rate of 10.18%.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 per share, payable on December 20, 2021. The distribution will be allocated from net investment income, realized capital gains, or a combination thereof. However, shareholders should be aware that a portion of this distribution may come from the Fund's assets, constituting a return of capital, which does not necessarily reflect the Fund’s performance. As of November 30, 2021, the Fund's YTD annualized distribution rate was 10.76%, with a cumulative total return of 6.36%.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced monthly distributions of $0.08 per share for December 2021 through March 2022. The ex-dates for these distributions are set between December 10, 2021, and March 10, 2022, with payable dates following shortly after. The Fund aims to maintain a consistent level of distributions, which may include a return of capital if net income and capital gains are insufficient. For the fiscal year to date, the Fund has a current distribution rate of 10.25% and has distributed more than its income, indicating that a portion may be a return of capital.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 per share, set for payment on November 19, 2021, following an ex-date of November 10, 2021. As part of its Managed Distribution Plan, distributions may include net investment income and realized capital gains, with potential returns of capital affecting shareholders. For October 2021, the fund's net investment income per share was $0.008, yielding 10.2% of the current distribution. The average annual total return on NAV for the past five years is 7.87%.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 per share, with key dates set for October 8, 2021 (Ex-Date), October 12, 2021 (Record Date), and October 19, 2021 (Payable Date). Due to its Managed Distribution Plan, the Fund may distribute amounts derived from net investment income and realized capital gains, along with a return of capital if net income falls short. For September 2021, the distribution sources included $0.020 from net investment income (25.1% of total distribution) and $0.060 as a return of capital (74.9%).
Virtus Total Return Fund Inc. (ZTR) has declared a monthly distribution of $0.08 for October and November 2021. The ex-dates for these distributions are October 8 and November 10, respectively, with record and payable dates set for October 12 and 19, and November 12 and 19. The fund follows a Managed Distribution Plan, which may involve payments from net investment income and realized capital gains, with potential returns coming from the fund's assets. Shareholders should be aware some distributions may be returns of capital, reflecting an estimated distribution of over the fund's income for the year.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 per share, payable on August 19, 2021. The Fund's Managed Distribution Plan aims to maintain consistent distribution levels funded partly by net investment income and realized capital gains. Notably, a significant portion of the distribution, 78.3% for July 2021, is estimated to be a return of capital. The Fund reported a current fiscal year-to-date annualized distribution rate of 10.25% and a fiscal YTD cumulative total return on NAV of 7.94%. Shareholders are advised that returns of capital do not reflect the Fund's investment performance.
On July 2, 2021, Virtus Total Return Fund (NYSE: ZTR) announced a monthly distribution of $0.08 per share. The distribution is scheduled with an ex-date of July 9, record date July 12, and payable date July 19, 2021. Under its Managed Distribution Plan, the fund may distribute amounts from net investment income and realized capital gains, with recent estimates indicating that approximately 57.7% of the June distribution may be a return of capital. The fund's performance shows a 7.15% average annual total return on NAV for the past five years.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a distribution of $0.08 per share, payable on June 18, 2021. As per its Managed Distribution Plan, distributions may include net investment income and realized capital gains, but any shortfall will be covered from fund assets, constituting a return of capital. For May 2021, 77.3% of the distribution is estimated as a return of capital. The average annual total return on NAV over the last five years is 8.59%, with a current fiscal year-to-date annualized distribution rate of 10.11%.