Virtus Total Return Fund Inc. (NYSE:ZTR) Announces $0.05 Monthly Dividend

Key Points

• Virtus Total Return Fund Inc. has declared a $0.05 monthly dividend, with an annualized yield of 9.4%, scheduled for payment on September 29th to stockholders of record as of September 12th.
• The company's shares recently traded at $6.36, with a twelve-month trading range between $5.22 and $6.38.
• Around 47.14% of Virtus Total Return Fund's stock is owned by institutional investors and hedge funds, indicating significant interest from large investment entities.

Virtus Total Return Fund Inc. (NYSE:ZTR - Get Free Report) declared a monthly dividend on Wednesday, August 27th. Stockholders of record on Friday, September 12th will be given a dividend of 0.05 per share by the investment management company on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Friday, September 12th.

Virtus Total Return Fund Stock Performance

Shares of NYSE ZTR traded down $0.02 during trading on Thursday, reaching $6.36. The company had a trading volume of 171,119 shares, compared to its average volume of 239,466. Virtus Total Return Fund has a twelve month low of $5.22 and a twelve month high of $6.38. The stock has a 50-day moving average price of $6.21 and a two-hundred day moving average price of $6.03.

Hedge Funds Weigh In On Virtus Total Return Fund

Several institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. purchased a new stake in Virtus Total Return Fund during the fourth quarter valued at about $197,000. Raymond James Financial Inc. purchased a new stake in Virtus Total Return Fund during the fourth quarter valued at about $886,000. Mariner LLC purchased a new stake in Virtus Total Return Fund during the fourth quarter valued at about $95,000. Stifel Financial Corp grew its position in Virtus Total Return Fund by 11.0% during the fourth quarter. Stifel Financial Corp now owns 967,838 shares of the investment management company's stock valued at $5,672,000 after acquiring an additional 96,299 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Virtus Total Return Fund in the fourth quarter worth about $76,000. 47.14% of the stock is currently owned by institutional investors and hedge funds.

About Virtus Total Return Fund

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.

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