SOURCE: Dividend Capital Investments

Dividend Capital Investments

December 06, 2011 18:53 ET

DCA Total Return Fund Announces Results of Annual Meeting

DENVER, CO--(Marketwire - Dec 6, 2011) - DCA Total Return Fund (NYSE: DCA) announced today the results of its Annual Meeting of Shareholders, held on Tuesday, December 6, 2011.

Shareholders of the fund approved all proposals including: the election of Jonathan F. Zeschin and David W. Agostine as Class III trustees to serve for a three-year term; the election of seven trustees, each to serve for a term of one to three years, upon the completion of the proposed fund adoption transaction; the proposed investment advisory agreement between the fund and Virtus Investment Advisers, Inc.; and the proposed sub-advisory agreements between the fund and Duff & Phelps Investment Management Co. and Newfleet Asset Management LLC.

As a result, the fund adoption transaction described in the proxy statement is expected to close on or about December 9, 2011 and the new investment advisors and Board of Trustees are expected to be appointed upon the resignation of the current investment advisor, officers and Board of Trustees.

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

This press release is not an offer to sell securities nor the solicitation of an offer to buy securities.

Shares of closed-end funds usually trade on a national stock exchange. Similar to other stocks, the fund's share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value. There can be no assurance that the fund will achieve its investment objective or earn a return on its assets. Investors and shareholders of the fund are urged to read carefully documents filed with the SEC. Shareholders may obtain free copies of these documents at www.sec.gov. Shareholders can also obtain copies at no charge from Dividend Capital Investments at 1-866-324-7348. Investors should consider the investment objectives, risks, charges and expenses of the fund. For a prospectus which contains this and other information relevant to an investment in the fund, please contact your securities representative.

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 a fund and other aspects of a fund's 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. The fund's actual future results may differ significantly from those stated in any forward-looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the continuation of investment advisory, administrative and service contracts, and other risks discussed in the fund's prospectus and from time to time in the fund's filings with the Securities and Exchange Commission.