Virtus Global Dividend&Income Fund Inc (34083052)

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on August 29, 2024: Amount of Distribution Ex-Date Record Date Payable Date $0.05 October 11, 2024 October 11, 2024 October 30, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Sh. » Mehr auf businesswire.com

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on August 29, 2024: Amount of Distribution Ex-Date Record Date Payable Date $0.05 September 13, 2024 September 13, 2024 September 26, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination there. » Mehr auf businesswire.com

The Virtus Total Return Fund (ZTR) provides investors with exposure to both utilities and fixed-income instruments, an area of the market that stands to benefit in a lower-rate environment. The fund trades at an attractive discount while it has started to perform much better in 2024; it also pays out a relatively high distribution rate of ~10%. The fund completed a tender offer earlier this year, and there are potentially two more conditional tender offers to be triggered in the future. » Mehr auf seekingalpha.com