SOURCE: Dividend Capital

September 13, 2010 17:46 ET

DCA Total Return Fund and DCW Total Return Fund Announce Distribution Strategy

DENVER, CO--(Marketwire - September 13, 2010) -  DCA Total Return Fund (NYSE: DCA) (NYSE: DCW) announced today the declaration of a quarterly distribution per share of $0.04 as set forth in the table below:

Fund Distribution Payable Date Record Date Ex-Dividend Date
DCA Total Return Fund $0.04 9/30/2010 9/23/2010 9/21/2010

DCA's distribution was determined in anticipation of the proposed reorganization of the DCW Total Return Fund (NYSE: DCW) into DCA. If approved by each Fund's shareholders at their respective Annual Meeting of Shareholders, which are scheduled to occur on September 16, 2010, the reorganization is anticipated to occur on or about September 24, 2010.

DCW is not anticipated to declare a pre-reorganization distribution.

If shareholders of both Funds approve the reorganization and it occurs on or about September 24, 2010, it is anticipated that the combined fund will declare a post-merger special distribution. This special distribution will be payable to all shareholders of record in the combined fund on the special distribution's record date.

Additional information about DCA Total Return Fund and DCW Total Return Fund can be found at www.dcclosedendfunds.com.

Dividend Capital Investments LLC (DCI) serves as the investment adviser to the Funds. DCI seeks to provide value to its shareholders by focusing its closed-end funds on total return through investment in common equity, preferred equity and debt securities across a broad range of industries and geographic regions.

Forward-Looking Statements

This press release may include statements that constitute "forward-looking statements" under the United States securities laws. Forward-looking statements include information concerning possible or assumed future performance, asset levels, earnings, liquidity, cash flow, industry or market conditions, regulatory developments, market interest in the Funds and other aspects of the Funds' operations or general economic conditions. In addition, when used in this press release, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects" and future or conditional verbs such as "may," "could," "should" and "would," or any other statement that necessarily depends on future events, are intended to identify forward-looking statements.

Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although the Funds and Dividend Capital Investments make such statements based on assumptions believed to be reasonable, there can be no assurance that actual results or actions will not differ materially from expectations. Investors must not rely unduly on any forward-looking statements. The Funds and Dividend Capital Investments do not intend, and undertake no duty, to update this information to reflect future events or circumstances.

Potential investors should consider the investment objectives, risks, and charges and expenses of each Fund carefully before making any investment decisions. This and other information is discussed in each Fund's final prospectus and financial statements which can be accessed at www.dcclosedendfunds.com.