Virtus Total Return Fund Inc. (NYSE:ZTR) Declares Monthly Dividend of $0.06

Virtus Total Return Fund Inc. (NYSE:ZTR) announced a monthly dividend on Wednesday, June 3rd. Stockholders of record on Monday, June 15th will be paid a dividend of 0.055 per share by the investment management company on Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend is Monday, June 15th. This is a 10.0% increase from Virtus Total Return Fund’s previous monthly dividend of $0.05.

Virtus Total Return Fund Stock Down 0.4%

Shares of NYSE:ZTR opened at $6.58 on Thursday. Virtus Total Return Fund has a one year low of $5.97 and a one year high of $7.11. The company has a 50-day simple moving average of $6.75 and a 200-day simple moving average of $6.61.

About Virtus Total Return Fund

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).