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.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced monthly distributions of $0.08 per share for September, October, and November 2022. The fund's Managed Distribution Plan aims to consistently provide distributions, which may include returns of capital if income and capital gains are insufficient. The August 2022 distribution breakdown shows just 4.3% from net investment income, with 95.7% from long-term capital gains. The fund's current fiscal year-to-date annualized distribution rate is 11.82%, while cumulative total return on NAV is -1.04%.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 on August 3, 2022, with an ex-date of August 10, a record date of August 11, and a payable date of August 18. Under its Managed Distribution Plan, the Fund aims for consistent distributions, partially funded by net investment income and capital gains. Notably, a portion of this distribution may stem from a return of capital, indicating that investors may receive part of their initial investment back rather than profits. Key metrics include a current fiscal year-to-date distribution rate of 11.33%.
On August 1, 2022, Virtus Total Return Fund (NYSE: ZTR) announced its rights offering registration statement was effective. Shareholders will receive non-transferable rights to acquire one share for every three held, with a maximum of 16,500,000 shares, potentially increasing to 20,625,000 shares. The subscription period runs from August 10 to September 16, 2022, with the share price at 95% of the lower of the fund's net asset value or the average sales price of the stock on the NYSE at expiration. Rights are non-transferable and not for trading on any market.
Virtus Total Return Fund (NYSE: ZTR) has set August 9, 2022 as the record date for its rights offering announced on March 3, 2022. Shareholders will receive non-transferable rights to acquire shares, with one share available for each three rights held. The subscription price will be 95% of the lower net asset value or the average sales price of the stock. The registration statement for this offering was amended on July 28, 2022 and awaits SEC effectiveness. This offering aims to enhance capital appreciation for shareholders.
Virtus Total Return Fund Inc. (ZTR) announced a distribution of $0.08 per share, payable on July 18, 2022. This distribution will partially come from net investment income and realized capital gains, along with a return of capital, as the fund estimates it has distributed more than its income and gains. The fund's current fiscal year-to-date annualized distribution rate stands at 12.03%, and its cumulative total return on NAV is at -4.67% for the fiscal year. Investors are advised that the distribution amount does not reflect the fund's investment performance.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 per share on May 25, 2022. The ex-date is June 10, 2022, with record and payable dates of June 13 and June 21, 2022, respectively. This distribution will partially stem from the fund's net investment income and realized capital gains, but may include a return of capital, as the fund has distributed more than its earnings. Key estimates include a net investment income of $0.024 per share, making up 29.8% of the current distribution.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced monthly distributions of $0.08 for June, July, and August 2022. According to its Managed Distribution Plan, distributions may partially come from net investment income and realized capital gains. Notably, the Fund estimates it has distributed more than its income, meaning a portion may be a return of capital. In April 2022, the average annual total return on NAV was 5.20%, with a fiscal year-to-date annualized distribution rate of 11.01%. Investors should note the risks of principal loss and that fund shares may trade below NAV.
On May 24, 2022, Virtus Global Multi-Sector Income Fund (VGI) and Virtus Total Return Fund Inc. (ZTR) announced the results of their joint annual shareholder meeting held on May 23, 2022. Key highlights include the re-election of trustees and directors for both funds, with substantial shareholder support. For VGI, Deborah A. DeCotis received 96% approval, while for ZTR, George R. Aylward secured 97%. The strong approval ratings reflect investor confidence in the leadership of both funds, which are critical for their future strategies.
The Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08 on May 19, 2022. The ex-date is set for May 11, 2022, and the record date is May 12, 2022. Notably, the Fund's Managed Distribution Plan may involve distributions from net investment income or capital gains. However, excess distributions may return shareholder capital, not indicating Fund performance. The Fund has estimated that over 53.5% of distributions may be a return of capital for April 2022. Current fiscal year-to-date annualized distribution rate stands at 11.01%.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced a monthly distribution of $0.08, effective April 8, 2022. This distribution, part of its Managed Distribution Plan, may include net investment income, realized capital gains, or a return of capital. Shareholders are warned that distributions may exceed the Fund's income, resulting in capital returns. For March 2022, the Fund reported a 10.38% current fiscal YTD annualized distribution rate and a 7.44% cumulative total return on NAV.
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