SOURCE: Zweig Fund

Zweig Fund

September 21, 2009 12:28 ET

The Zweig Fund, Inc. Declares Distribution

NEW YORK, NY--(Marketwire - September 21, 2009) - The Zweig Fund, Inc. (NYSE: ZF) announced that its third quarterly distribution for 2009 will be $0.095 per share, payable on October 26, 2009, to shareholders of record on October 8, 2009 (ex-date October 6, 2009).

The distribution represents a cash dividend yield of 10% on an annualized basis. Distributions may represent earnings from net investment income, capital gains, excess gains taxable as ordinary income or, if necessary, return of capital. The tax status of the Fund's distributions is determined at the end of the taxable year.

The Zweig 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 or visit us on the web at www.virtus.com.

Contact Information

  • For Further Information:
    Zweig Funds Shareholder Services
    (800) 272-2700

    Patricia Baronowski
    The Altman Group
    (212) 400-2604