SOURCE: The Zweig Total Return Fund

The Zweig Total Return Fund

January 03, 2011 12:54 ET

The Zweig Total Return Fund, Inc. Declares Distribution

NEW YORK, NY--(Marketwire - January 3, 2011) -  The Zweig Total Return Fund, Inc. (NYSE: ZTR), announced that its last monthly distribution for 2010 will be $0.033 per share, payable on January 10, 2011, to shareholders of record on December 31, 2010 (ex-date January 04, 2011).

The distribution represents a cash 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 Total Return 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