Zweig Total Return Fund, Inc. (The) (ZTR)

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Virtus Global Dividend & Income Fund Inc. Declares Distributions And Discloses Sources Of Distributions - Section 19(a) Notice


HARTFORD, Conn., Sept. 13, 2017 /PRNewswire/ -- Virtus Global Dividend & Income Fund Inc. (ZTR) announced the following monthly distributions:" data-reactid="12">HARTFORD, Conn., Sept. 13, 2017 /PRNewswire/ -- Virtus Global Dividend & Income Fund Inc. (ZTR) announced the following monthly distributions:

Amount of Distribution

         Ex-Date

Record Date

Payable Date

$0.113

October 11, 2017

October 12, 2017

October 19, 2017

$0.113

November 10, 2017

November 13, 2017

November 20, 2017

Under the terms of the fund's managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

The fund provided this estimate of the sources of the distributions:

Distribution Estimates

August 2017 (MTD)

Year-to-date (YTD) (1)

 

 

(Sources)

Per Share

Amount

Percentage
of Current
Distribution

Per Share
Amount

Percentage

of Current
Distribution

Net Investment Income

$     0.028

24.7%

$     0.310

34.3%

Net Realized Foreign Currency Gains

-

0.0%

-

0.0%

Net Realized Short-Term Capital Gains

0.026

22.6%

0.278

30.8%

Net Realized Long-Term Capital Gains

0.052

46.3%

0.309

34.1%

Return of Capital (or other Capital Source)

0.007

6.4%

0.007

0.8%

Total Distribution

$     0.113

100.0%

$     0.904

100.0%






(1) YTD January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016)

Information regarding the fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the fund's NAV and not the market price of the fund's shares. Performance figures are not meant to represent individual shareholder performance.

 

 August 31, 2017



Average Annual Total Return on NAV for the 5-year period ended this quarter (2)

7.83%


Current Fiscal YTD Annualized Distribution Rate (3)

10.60%


YTD Cumulative Total Return on NAV (4)

12.64%


YTD Cumulative Distribution Rate (5)

7.07%





(2) Average Annual Total Return on NAV is the annual compound return for the five-year period.  It reflects the change in the fund's
NAV and reinvestment of all distributions.

(3) Current Fiscal YTD Annualized Distribution Rate is the current distribution rate annualized as a percentage of the fund's NAV at
month end.

(4) YTD Cumulative Total Return on NAV is the percentage change in the fund's NAV from the first day of the year to this month
end, including distributions paid and assuming reinvestment of those distributions.

(5) YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as
a percentage of the fund's NAV at month end.





The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders what distributions to report for federal income tax purposes.

Virtus Global Dividend & Income Fund is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. It currently targets an allocation of 60 percent equity securities and 40 percent fixed income. The equity allocation is invested exclusively in what the managers believe are high-quality companies within the high yielding global equity universe. The fixed income allocation is invested primarily in intermediate-term debt securities across 14 fixed income sectors. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread." data-reactid="27">About the Fund
The Virtus Global Dividend & Income Fund is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. It currently targets an allocation of 60 percent equity securities and 40 percent fixed income. The equity allocation is invested exclusively in what the managers believe are high-quality companies within the high yielding global equity universe. The fixed income allocation is invested primarily in intermediate-term debt securities across 14 fixed income sectors. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread.

Kayne Anderson Rudnick and Newfleet Asset Management have been subadvisers since September 7, 2016. Performance and characteristics prior to that date were attained by the previous adviser using a different investment strategy." data-reactid="28">Virtus Investment Advisers has been the investment adviser to the fund and Kayne Anderson Rudnick and Newfleet Asset Management have been subadvisers since September 7, 2016. Performance and characteristics prior to that date were attained by the previous adviser using a different investment strategy.

[email protected], or through the closed end fund section on the web at www.virtus.com." data-reactid="29">For more information on the fund, contact shareholder services at (866) 270-7788, by email at [email protected], or through the closed end fund section on the web at www.virtus.com.

Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a discount to their net asset value. For more information about each fund's investment objective and risks, please see the fund's annual report. A copy of the fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the end of this press release.

Kayne Anderson Rudnick
Kayne Anderson Rudnick (KAR) believes that superior risk-adjusted returns may be achieved through investment in high-quality companies with market dominance, excellent management, financial strength, and consistent growth, purchased at reasonable prices. KAR's investment strategy is to build a portfolio of companies that have strong, consistent growth with low business and financial risk, and hold these companies over the long term based on its conviction that the investment returns of the portfolio will mirror the financial results of these companies." data-reactid="31">About Kayne Anderson Rudnick
Kayne Anderson Rudnick (KAR) believes that superior risk-adjusted returns may be achieved through investment in high-quality companies with market dominance, excellent management, financial strength, and consistent growth, purchased at reasonable prices. KAR's investment strategy is to build a portfolio of companies that have strong, consistent growth with low business and financial risk, and hold these companies over the long term based on its conviction that the investment returns of the portfolio will mirror the financial results of these companies.

Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. Newfleet leverages the knowledge and skill of a team of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark." data-reactid="36">About Newfleet Asset Management
Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. Newfleet leverages the knowledge and skill of a team of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark.

http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-declares-distributions-and-discloses-sources-of-distributions--section-19a-notice-300519067.html" data-reactid="37">View original content:http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-declares-distributions-and-discloses-sources-of-distributions--section-19a-notice-300519067.html

" data-reactid="38">

Virtus Global Dividend & Income Fund Inc. Declares Distribution And Discloses Sources Of Distribution - Section 19(a) Notice

HARTFORD, Conn., Sept. 1, 2017 /PRNewswire/ -- Virtus Global Dividend & Income Fund Inc. (ZTR) announced the following monthly distribution:" data-reactid="11">HARTFORD, Conn., Sept. 1, 2017 /PRNewswire/ -- Virtus Global Dividend & Income Fund Inc. (ZTR) announced the following monthly distribution:

Amount of Distribution

Ex-Date

Record Date

Payable Date

$0.113

September 8, 2017

September 11, 2017

September 18, 2017

Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

The fund provided this estimate of the sources of the distribution:

Distribution Estimates

August 2017 (MTD)

Year-to-date (YTD) (1)

 

 

(Sources)

Per Share

Amount

Percentage
of Current

Distribution

Per Share
Amount

Percentage

of Current
Distribution

Net Investment Income

$0.028

24.7%

$0.310

34.3%

Net Realized Foreign Currency Gains

-

0.0%

-

0.0%

Net Realized Short-Term Capital Gains

0.026

22.6%

0.278

30.8%

Net Realized Long-Term Capital Gains

0.052

46.3%

0.309

34.1%

Return of Capital (or other Capital Source)

0.007

6.4%

0.007

0.8%

Total Distribution

$0.113

100.0%

$0.904

100.0%

January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016)" data-reactid="19">(1) YTD January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016)

Information regarding the fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the fund's NAV and not the market price of the fund's shares. Performance figures are not meant to represent individual shareholder performance.

August 31, 2017



Average Annual Total Return on NAV for the 5-year period ended this quarter (2)

7.83%


Current Fiscal YTD Annualized Distribution Rate (3)

10.60%


YTD Cumulative Total Return on NAV (4)

12.64%


YTD Cumulative Distribution Rate (5)

7.07%



(2)

Average Annual Total Return on NAV is the annual compound return for the five-year period.  It reflects the change in the fund's NAV and reinvestment of all distributions.

(3)

Current Fiscal YTD Annualized Distribution Rate is the current distribution rate annualized as a percentage of the fund's NAV at month end.

(4)

YTD Cumulative Total Return on NAV is the percentage change in the fund's NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions.

(5)

YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund's NAV at month end.





The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders what distributions to report for federal income tax purposes.

About the Fund

The Virtus Global Dividend & Income Fund Inc. is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. It currently targets an allocation of 60 percent equity securities and 40 percent fixed income. The equity allocation is invested exclusively in what the managers believe are high-quality companies within the high yielding global equity universe. The fixed income allocation is invested primarily in intermediate-term debt securities across 14 fixed income sectors. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread.

Kayne Anderson Rudnick and Newfleet Asset Management have been subadvisers since September 7, 2016. Performance and characteristics prior to that date were attained by the previous adviser using a different investment strategy." data-reactid="29">Virtus Investment Advisers has been the investment adviser to the fund and Kayne Anderson Rudnick and Newfleet Asset Management have been subadvisers since September 7, 2016. Performance and characteristics prior to that date were attained by the previous adviser using a different investment strategy.

closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com." data-reactid="30">For more information on the fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com.

Fund Risks

An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a discount to their net asset value. For more information about each fund's investment objective and risks, please see the fund's annual report. A copy of the fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the end of this press release.

Kayne Anderson Rudnick " data-reactid="33">About Kayne Anderson Rudnick

Kayne Anderson Rudnick (KAR) believes that superior risk-adjusted returns may be achieved through investment in high-quality companies with market dominance, excellent management, financial strength, and consistent growth, purchased at reasonable prices. KAR's investment strategy is to build a portfolio of companies that have strong, consistent growth with low business and financial risk, and hold these companies over the long term based on its conviction that the investment returns of the portfolio will mirror the financial results of these companies." data-reactid="34">Kayne Anderson Rudnick (KAR) believes that superior risk-adjusted returns may be achieved through investment in high-quality companies with market dominance, excellent management, financial strength, and consistent growth, purchased at reasonable prices. KAR's investment strategy is to build a portfolio of companies that have strong, consistent growth with low business and financial risk, and hold these companies over the long term based on its conviction that the investment returns of the portfolio will mirror the financial results of these companies.

About Newfleet Asset Management

Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. Newfleet leverages the knowledge and skill of a team of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark." data-reactid="40">Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. Newfleet leverages the knowledge and skill of a team of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark.

Virtus Investment Partners, Inc. (PRNewsFoto/Virtus Investment Partners, Inc.)

 

http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-declares-distribution-and-discloses-sources-of-distribution--section-19a-notice-300513086.html" data-reactid="53">View original content with multimedia:http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-declares-distribution-and-discloses-sources-of-distribution--section-19a-notice-300513086.html

" data-reactid="54">

Virtus Global Dividend & Income Fund Inc. Announces Preliminary Results of Tender Offer

HARTFORD, Conn. , June 26, 2017 /PRNewswire/ -- The Virtus Global Dividend & Income Fund Inc. (ZTR) announced today that its tender offer for 1,283,635.68 of its issued and outstanding shares of common stock, representing approximately 5 percent of its outstanding shares, expired at 11:59 p.m., New York time, on June 23, 2017." data-reactid="11">HARTFORD, Conn. , June 26, 2017 /PRNewswire/ -- The Virtus Global Dividend & Income Fund Inc. (ZTR) announced today that its tender offer for 1,283,635.68 of its issued and outstanding shares of common stock, representing approximately 5 percent of its outstanding shares, expired at 11:59 p.m., New York time, on June 23, 2017.

June 29, 2017 and payment for such shares will be made on or about June 30, 2017. The purchase price of properly tendered shares is 98 percent of the net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange (NYSE) on June 23, 2017, which is equal to $12.6714 per share." data-reactid="12">Based upon current information, approximately 1,570,144.00 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery. Based on this preliminary information, the pro-ration for each tendering stockholder is estimated to be 81.753 percent of the shares properly tendered. These numbers are subject to adjustment and should not be regarded as final. The actual number of shares to be purchased is anticipated to be announced on June 29, 2017 and payment for such shares will be made on or about June 30, 2017. The purchase price of properly tendered shares is 98 percent of the net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange (NYSE) on June 23, 2017, which is equal to $12.6714 per share.

The Virtus Global Dividend & Income Fund Inc. is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. Virtus Investment Advisers is the adviser to the fund and Kayne Anderson Rudnick and Newfleet Asset Management are subadvisers. The fund's investment strategy has a current target allocation of 60 percent equities, incorporating Kayne Anderson Rudnick's global dividend yield strategy, and 40 percent fixed income, using Newfleet's multi-sector core plus strategy. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread. " data-reactid="13">About the Fund 
The Virtus Global Dividend & Income Fund Inc. is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. Virtus Investment Advisers is the adviser to the fund and Kayne Anderson Rudnick and Newfleet Asset Management are subadvisers. The fund's investment strategy has a current target allocation of 60 percent equities, incorporating Kayne Anderson Rudnick's global dividend yield strategy, and 40 percent fixed income, using Newfleet's multi-sector core plus strategy. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread.

closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com." data-reactid="14">For more information about the fund, contact Shareholder Services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com.

Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a discount to their net asset value.

http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-announces-preliminary-results-of-tender-offer-300479390.html" data-reactid="16">To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-announces-preliminary-results-of-tender-offer-300479390.html

" data-reactid="17">

Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders

Duff & Phelps Select Energy MLP Fund Inc. (DSE), Virtus Global Multi-Sector Income Fund (VGI), Virtus Global Dividend & Income Fund Inc. (ZTR), and Virtus Total Return Fund Inc. (ZF) today announced the results of the joint annual meeting of shareholders held on June 6, 2017." data-reactid="11">HARTFORD, Conn., June 7, 2017 /PRNewswire/ -- Duff & Phelps Select Energy MLP Fund Inc. (DSE), Virtus Global Multi-Sector Income Fund (VGI), Virtus Global Dividend & Income Fund Inc. (ZTR), and Virtus Total Return Fund Inc. (ZF) today announced the results of the joint annual meeting of shareholders held on June 6, 2017.

William R. Moyer and James M. Oates were re-elected as Class II directors of DSE and Class II trustees of VGI, and R. Keith Walton and Brian T. Zino were re-elected as Class III directors of ZTR and ZF, each for a term of three years or until his successor has been duly elected and qualified.

The voting results are as follows:


Duff & Phelps

Virtus Global


Select Energy MLP Fund

Multi-Sector Income Fund


For

Withheld

For

Withheld


William R. Moyer

23,670,840

600,612

9,938,181

321,668


James M. Oates

1,400,000

0

9,938,486

321,363















Virtus Global



Dividend & Income Fund

Virtus Total Return Fund


For

Withheld

For

Withheld


R. Keith Walton

19,722,703

787,826

16,392,375

1,267,230


Brian T. Zino

19,723,394

787,135

16,376,111

1,283,495








closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com." data-reactid="16">For more information about the funds contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com.

http://www.prnewswire.com/news-releases/virtus-closed-end-funds-announce-results-of-joint-annual-meeting-of-shareholders-300470528.html" data-reactid="17">To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/virtus-closed-end-funds-announce-results-of-joint-annual-meeting-of-shareholders-300470528.html

" data-reactid="18">

Virtus Global Dividend & Income Fund Inc., Virtus Total Return Fund Inc. Commence Tender Offers

Virtus Global Dividend & Income Fund Inc. (ZTR) and the Virtus Total Return Fund Inc. (ZF) have each commenced a tender offer to acquire for cash up to 5 percent of its outstanding shares at a price equal to 98 percent of the fund's net asset value per share as of the close of regular trading on the New York Stock Exchange on the date the offer expires. If more than 5 percent of a fund's outstanding shares are tendered, the fund will purchase shares from tendering stockholders on a pro-rata basis." data-reactid="11">HARTFORD, Conn., May 26, 2017 /PRNewswire/ -- The Virtus Global Dividend & Income Fund Inc. (ZTR) and the Virtus Total Return Fund Inc. (ZF) have each commenced a tender offer to acquire for cash up to 5 percent of its outstanding shares at a price equal to 98 percent of the fund's net asset value per share as of the close of regular trading on the New York Stock Exchange on the date the offer expires. If more than 5 percent of a fund's outstanding shares are tendered, the fund will purchase shares from tendering stockholders on a pro-rata basis.

The tender offers are being made on the terms and subject to the conditions set forth in the Issuer Tender Offer Statements and related Letters of Transmittal that have been filed with the Securities and Exchange Commission. The tender offers will terminate at 11:59 p.m. (Eastern) on June 23, 2017, unless extended. The pricing dates will also be June 23, 2017, unless the tender offers are extended.

In connection with the tender offers, each fund has temporarily suspended its open-market purchases of shares pursuant to its share repurchase program until on or about 10 business days after the termination of the tender offer, as required by the Securities Exchange Act of 1934, as amended.

This announcement is not a recommendation, an offer to purchase, or a solicitation of an offer to sell shares of the funds. The tender offers are being made only by an Issuer Tender Offer Statement, a related Letter of Transmittal and other documents, which have been filed with the Securities and Exchange Commission. Shareholders of each fund should read the Issuer Tender Offer Statements and related exhibits, as they contain important information about the tender offers. These and other filed documents are available to investors for free both at the website of the Securities and Exchange Commission and from the fund. Shareholders may obtain further information regarding the Tender Offers from Georgeson LLC, the Information Agent for the Tender Offers, by calling (866) 821-0284 for inquiries relating to ZTR and (866) 775-2705 for inquiries relating to ZF.

About the Funds
The Virtus Global Dividend & Income Fund Inc. is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. Virtus Investment Advisers is the adviser to the fund and Kayne Anderson Rudnick and Newfleet Asset Management are subadvisers. The fund's investment strategy has a current target allocation of 60 percent equities, incorporating Kayne Anderson Rudnick's global dividend yield strategy, and 40 percent fixed income, using Newfleet's multi-sector core plus strategy. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread." data-reactid="15">About the Funds
The Virtus Global Dividend & Income Fund Inc. is a diversified closed-end fund that seeks to generate total return, consisting of capital appreciation and income. Virtus Investment Advisers is the adviser to the fund and Kayne Anderson Rudnick and Newfleet Asset Management are subadvisers. The fund's investment strategy has a current target allocation of 60 percent equities, incorporating Kayne Anderson Rudnick's global dividend yield strategy, and 40 percent fixed income, using Newfleet's multi-sector core plus strategy. The fund also pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread.

Virtus Total Return Fund Inc. (formerly known as The Zweig Fund, Inc.) is a diversified closed-end fund whose investment objective is capital appreciation, with income as a secondary objective. The fund has a current target allocation of approximately 60 percent equity securities, primarily invested globally in owners/operators of infrastructure in the communications, utility, energy, and transportation industries, and 40 percent fixed income, designed to generate high current income and total return through the application of active sector rotation, extensive credit research, and disciplined risk management. The fund also pursues an options overlay strategy that seeks to generate additional income through the use of index-based, out-of-the money put and call spreads. Virtus Investment Advisers is the adviser to the fund and Duff & Phelps Investment Management and Newfleet Asset Management are the subadvisers." data-reactid="16">The Virtus Total Return Fund Inc. (formerly known as The Zweig Fund, Inc.) is a diversified closed-end fund whose investment objective is capital appreciation, with income as a secondary objective. The fund has a current target allocation of approximately 60 percent equity securities, primarily invested globally in owners/operators of infrastructure in the communications, utility, energy, and transportation industries, and 40 percent fixed income, designed to generate high current income and total return through the application of active sector rotation, extensive credit research, and disciplined risk management. The fund also pursues an options overlay strategy that seeks to generate additional income through the use of index-based, out-of-the money put and call spreads. Virtus Investment Advisers is the adviser to the fund and Duff & Phelps Investment Management and Newfleet Asset Management are the subadvisers.

closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com." data-reactid="17">For more information about the funds, contact Shareholder Services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed end fund section on the web at www.virtus.com.

Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a discount to their net asset value." data-reactid="18">Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a discount to their net asset value.

Forward-Looking Information
This press release contains statements that are, or may be considered to be, forward-looking statements. All statements that are not historical facts, including statements about beliefs or expectations, are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements may be identified by such forward-looking terminology as "expect," "estimate," "plan," "intend," "believe," "anticipate," "may," "will," "should," "could," "continue," "project," or similar statements or variations of such terms. Forward-looking statements are based on a series of expectations, assumptions, and projections; are not guarantees of future results or performance; and may involve risks and uncertainty. All forward-looking statements are as of the date of this release only; the funds undertake no obligation to update or review any forward-looking statements. The funds can give no assurance that such expectations or forward-looking statements will prove to be correct. Actual results may differ materially. You are urged to carefully consider all such factors." data-reactid="19">Forward-Looking Information
This press release contains statements that are, or may be considered to be, forward-looking statements. All statements that are not historical facts, including statements about beliefs or expectations, are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements may be identified by such forward-looking terminology as "expect," "estimate," "plan," "intend," "believe," "anticipate," "may," "will," "should," "could," "continue," "project," or similar statements or variations of such terms. Forward-looking statements are based on a series of expectations, assumptions, and projections; are not guarantees of future results or performance; and may involve risks and uncertainty. All forward-looking statements are as of the date of this release only; the funds undertake no obligation to update or review any forward-looking statements. The funds can give no assurance that such expectations or forward-looking statements will prove to be correct. Actual results may differ materially. You are urged to carefully consider all such factors.

 

http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-virtus-total-return-fund-inc-commence-tender-offers-300464419.html" data-reactid="25">To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/virtus-global-dividend--income-fund-inc-virtus-total-return-fund-inc-commence-tender-offers-300464419.html

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