Virtus Total Return Fund Inc. Announces Distribution Sources – Section 19(a) Notice”

Virtus Total Return Fund Inc. (NYSE: ZTR) Confirms Monthly Distribution Details and Sources

Virtus Total Return Fund Inc. previously announced a monthly distribution for shareholders, detailed as follows:

  • Distribution Amount: $0.05 per share
  • Ex-Date: October 11, 2024
  • Record Date: October 11, 2024
  • Payable Date: October 30, 2024

As part of its Managed Distribution Plan, the Fund aims to maintain a stable distribution rate, which may be drawn from net investment income, realized capital gains, or the Fund’s own assets if necessary. If income and gains are insufficient, a portion of the distribution will be considered a return of shareholder capital. It’s essential for shareholders to remember that the distribution amount does not necessarily reflect the Fund’s investment performance.

October Distribution Source Estimates

The Fund has provided an estimate of the sources for the October 2024 distribution as follows:

  • Net Investment Income: $0.000 (0.0%)
  • Return of Capital: $0.050 (100.0%)

Fiscal Year-to-Date (YTD) distribution sources indicate that approximately 96% of distributions have been from a return of capital.

Fund Performance and Distribution Rates

As of September 30, 2024, the Fund reported the following performance indicators:

  • 5-Year Average Annual Total Return on NAV: 4.64%
  • Annualized Current Distribution Rate: 8.57%
  • Fiscal YTD Cumulative Total Return on NAV: 22.22%
  • Fiscal YTD Cumulative Distribution Rate: 7.14%

The provided distribution estimates are for informational purposes and may not match final amounts for tax reporting. Shareholders will receive a Form 1099-DIV at year-end for accurate tax reporting.

About Virtus Total Return Fund Inc.

Virtus Total Return Fund Inc. is a diversified closed-end fund focused on capital appreciation with income as a secondary goal. It is managed by Virtus Investment Advisers, Inc., with Duff & Phelps Investment Management Co. and Newfleet Asset Management as subadvisers.

For more details, contact Shareholder Services at (866) 270-7788 or visit the Fund’s section on virtus.com.

Risks: Investments in closed-end funds may involve risk, including potential loss of principal. Shares may trade at premiums or discounts to NAV. More detailed risk information is available in the Fund’s annual report, which can be obtained from Shareholder Services.

About the Subadvisers and Virtus Investment Partners

  • Duff & Phelps Investment Management Co.: With over 35 years in managing portfolios, Duff & Phelps focuses on global listed infrastructure, real estate, clean energy, and diversified real assets.
  • Newfleet Asset Management: A division of Virtus Fixed Income Advisers, specializing in multi-sector fixed income strategies.

Virtus Investment Partners (NYSE: VRTS) is a partnership of boutique investment managers, providing a variety of investment solutions across disciplines. For more information, visit virtus.com.

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