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The Zweig Total Return Fund, Inc. Announces Results of Adjourned Joint Annual Meeting of Shareholders

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  Published in Business and Finance on Wednesday, June 2nd 2010 at 13:45 GMT by Market Wire
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NEW YORK, NY--(Marketwire - June 2, 2010) - The Zweig Total Return Fund, Inc. (NYSE: [ ZTR ]) announced the results of today's Joint Annual Meeting of Shareholders, which was held on May 11, 2010 with The Zweig Fund, Inc. (NYSE: [ ZF ]) and adjourned until June 2, 2010 to permit further solicitation of ZTR's shareholders in connection with ZTR's Proposal 2. At today's meeting, Proposal 2, to amend ZTR's Charter to require Board consideration of various actions instead of a mandatory shareholder vote whether to convert ZTR to an open-end investment company when ZTR's shares trade at or greater than a specified discount from net asset value, was approved by the requisite vote of ZTR's shareholders.

The Zweig Total Return Fund, Inc. is a closed-end fund with an investment objective to seek the highest total return, consisting of capital appreciation and current income, consistent with the preservation of capital. The Zweig closed-end funds are advised by Zweig Advisers LLC. For more information on ZTR, please contact shareholder services at (800) 272-2700 or visit us on the web at [ www.virtus.com ].