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The Zweig Total Return Fund, Inc. Authorizes Declaration of a Distribution
The Zweig Total Return Fund, Inc. Authorizes Declaration of a Distribution -- NEW YORK,, Dec. 19, 2011 /PRNewswire/ --
The Zweig Total Return Fund, Inc. Authorizes Declaration of a Distribution
NEW YORK,, Dec. 19, 2011 /PRNewswire/ -- The Zweig Total Return Fund, Inc. (NYSE: [ ZTR ]), announced that its board of directors declared a distribution payable on January 9, 2012 to stockholders of record on December 30, 2011 (ex date: January 4, 2012).
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The Zweig Total Return Fund intends to distribute the greater of 0.83% of its net asset value on December 30, 2011 or all available net investment income and net short and long term capital gains, in accordance with requirements under the Internal Revenue Code. The amount of the distribution will be announced on January 3, 2012.
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 the Fund, please contact shareholder services at 800.272.2700, by email at [ zweig@virtus.com ], or visit us on the web at [ www.virtus.com ].
SOURCE The Zweig Total Return Fund, Inc.
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