SOURCE: Zweig Fund

Zweig Fund

June 15, 2009 11:17 ET

The Zweig Fund, Inc. Declares Distribution

NEW YORK, NY--(Marketwire - June 15, 2009) - The Zweig Fund, Inc. (NYSE: ZF) announced that its second quarterly distribution for 2009 will be $0.089 per share, payable on July 27, 2009, to shareholders of record on July 8, 2009 (ex-date July 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