SOURCE: The Zweig Fund

The Zweig Fund

September 20, 2010 11:24 ET

The Zweig Fund, Inc. Declares Distribution

NEW YORK, NY--(Marketwire - September 20, 2010) -  The Zweig Fund, Inc. (NYSE: ZF) announced that its third quarterly distribution for 2010 will be $0.086 per share, payable on October 15, 2010, to shareholders of record on October 08, 2010 (ex-date October 06, 2010). 

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 objective of increasing capital primarily through investment in equity securities consistent with the preservation of capital and reduction of risk as determined by the fund's investment adviser. 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