Virtus Total Return Fund Inc. (ZTR) to Issue Monthly Dividend of $0.05 on January 29th
by Danessa Lincoln · The Markets DailyVirtus Total Return Fund Inc. (NYSE:ZTR – Get Free Report) declared a monthly dividend on Wednesday, November 19th. Shareholders of record on Monday, January 12th will be given a dividend of 0.05 per share by the investment management company on Thursday, January 29th. This represents a c) annualized dividend and a yield of 9.5%. The ex-dividend date of this dividend is Monday, January 12th.
Virtus Total Return Fund Price Performance
NYSE:ZTR opened at $6.34 on Friday. The stock has a 50 day simple moving average of $6.38 and a 200 day simple moving average of $6.34. Virtus Total Return Fund has a 1-year low of $5.22 and a 1-year high of $6.66.
Virtus Total Return Fund Company Profile
Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.
To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).
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