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Virtus Total Return Fund Inc. - ZTR STOCK NEWS

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. (symbol: ZTR) is a closed-end, diversified management investment company with a primary focus on capital appreciation and a secondary goal of providing current income. The fund aims to achieve these objectives through a balanced portfolio of equity and fixed income investments. Virtus Total Return Fund Inc. strategically invests in companies operating in critical infrastructure sectors such as communications, utilities, energy, and transportation.

Virtus Total Return Fund Inc. is managed by Virtus Investment Partners, a firm known for its commitment to integrity, quality, and strength. As an investment management provider, Virtus offers a diverse range of products and services to both individual and institutional clients. The company's unique multi-manager asset management model features several affiliated managers, each with a distinct investment style and autonomous investment process, ensuring a robust and diversified approach to asset management.

The fund has shown resilience and adaptability in navigating various market conditions, supported by its strategic investments in essential infrastructure sectors. Recent achievements include steady performance metrics and successful portfolio diversification, positioning the fund for continued growth and stability.

Virtus Total Return Fund Inc. is committed to its investors' success, consistently prioritizing their needs and financial goals. The company's transparent and responsible management practices underscore its dedication to client satisfaction and trust.

For more information on important disclaimers, please visit Virtus Social Media Guidelines.

Rhea-AI Summary

Virtus Total Return Fund Inc. (NYSE: ZTR) announced the final results of its tender offer to acquire 10% of its outstanding shares. The Fund accepted 6,857,832 shares, representing 10% of its outstanding shares, for payment on or about May 8, 2024. A total of 23,504,666.8517 shares were properly tendered, with approximately 29.18% of the shares tendered by each stockholder accepted for payment. The purchase price of the accepted shares is 98% of the Fund's net asset value per share, equal to $5.9976 per share.

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Virtus Total Return Fund Inc. (NYSE: ZTR) announced preliminary results of a tender offer to acquire 10% of its outstanding shares, with 23,600,666.85 shares tendered. The oversubscribed offer will lead to prorated purchases at 98% of the Fund's net asset value per share.

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Virtus Total Return Fund Inc. (NYSE: ZTR) has disclosed the sources of its monthly distribution, revealing a $0.05 payment on April 29, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains. Shareholders should be aware that any shortfall in income and gains will be distributed from the Fund's assets.
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Virtus Total Return Fund Inc. (NYSE: ZTR) has initiated a tender offer to acquire up to 10% of its outstanding shares at 98% of the Fund's net asset value. The offer expires on May 1, 2024, with a pricing date of May 2, 2024, unless extended. If oversubscribed, shares will be purchased on a pro rata basis. The offer is subject to SEC conditions.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.05 per share, payable on March 28, 2024, under its Managed Distribution Plan. Shareholders should be aware that the distribution may include a return of capital if income and gains are insufficient.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announces actions to enhance shareholder value, including a tender offer to acquire up to 10% of outstanding shares at 98% of NAV, potential reduction of trading discount, and additional conditional tender offers.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announced new additions to its portfolio management team and monthly distributions for March, April, May, and June 2024. The Fund added Rodney C. Clayton, CFA, and Steven Wittwer, CFA, with a combined 45 years of industry experience. The Fund's Managed Distribution Plan aims to maintain a consistent distribution level from net investment income and realized capital gains. Shareholders should be aware that any shortfall in income and gains will be distributed from the Fund's assets.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.05 per share, with an ex-date of February 9, 2024, record date of February 12, 2024, and payable date of February 28, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains. Shareholders should be aware that any shortfall in income and gains may be returned from the Fund's assets.
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Virtus Total Return Fund Inc. (ZTR) announced a monthly distribution of $0.05 per share, payable on January 30, 2024. The distribution may be paid from net investment income, realized capital gains, or a combination. If the total income and gains are less than the distribution, the shortfall will be returned from the Fund's assets, constituting a return of shareholder's capital.
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Virtus Total Return Fund Inc. (NYSE: ZTR) announces a monthly distribution of $0.05 per share, payable on December 19, 2023, under its Managed Distribution Plan, aiming to maintain a consistent distribution level from net investment income and realized capital gains.
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FAQ

What is the current stock price of Virtus Total Return Fund (ZTR)?

The current stock price of Virtus Total Return Fund (ZTR) is $5.85 as of December 20, 2024.

What is the market cap of Virtus Total Return Fund (ZTR)?

The market cap of Virtus Total Return Fund (ZTR) is approximately 361.4M.

What is the primary objective of Virtus Total Return Fund Inc.?

The primary objective of Virtus Total Return Fund Inc. is capital appreciation, with a secondary goal of providing current income through a balanced mix of equity and fixed income investments.

Which industries does Virtus Total Return Fund Inc. invest in?

Virtus Total Return Fund Inc. invests in operators of infrastructure in the communications, utility, energy, and transportation industries.

Who manages Virtus Total Return Fund Inc.?

Virtus Total Return Fund Inc. is managed by Virtus Investment Partners, a firm known for its integrity, quality, and strength in investment management.

What is the investment approach of Virtus Investment Partners?

Virtus Investment Partners operates a multi-manager asset management business, featuring several affiliated managers with distinct investment styles and autonomous processes.

How does Virtus Total Return Fund Inc. ensure diversity in its investments?

The fund ensures diversity through a balanced portfolio of equity and fixed income investments, strategically focusing on essential infrastructure sectors.

Where can I find important disclaimers for Virtus Total Return Fund Inc.?

Important disclaimers can be found on the Virtus Social Media Guidelines page at Virtus Social Media Guidelines.

What makes Virtus Total Return Fund Inc. a reliable investment?

Virtus Total Return Fund Inc.'s strategic investments, resilient performance, and commitment to client success make it a reliable investment option.

Who are the clients of Virtus Investment Partners?

Virtus Investment Partners provides investment management products and services to both individual and institutional clients.

What are the recent achievements of Virtus Total Return Fund Inc.?

Recent achievements include steady performance metrics and successful portfolio diversification, contributing to the fund's growth and stability.

How does Virtus Total Return Fund Inc. prioritize investor success?

The fund prioritizes investor success through transparent management practices, strategic investments, and a commitment to meeting client financial goals.

Virtus Total Return Fund Inc.

NYSE:ZTR

ZTR Rankings

ZTR Stock Data

361.37M
68.58M
0.03%
8.61%
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United States of America
Hartford