Virtus Total Return Fund Inc.

Frequently Asked Questions About ZTR

What does ZTR invest in?

The Virtus Global Dividend & Income Fund Inc., originally established on September 30, 1988, by Virtus Investment Partners, Inc., operates as a balanced, closed-end investment vehicle. Formerly known as The Zweig Total Return Fund, Inc., its portfolio is currently managed through a collaborative effort involving Virtus Investment Advisers, Inc., Kayne Anderson Rudnick Investment Management LLC, and Newfleet Asset Management, LLC. This actively managed fund primarily allocates capital across the public stock and bond markets within the United States. It aims to invest in companies spanning a wide array of sectors, with a particular emphasis on large-capitalization firms that exhibit "growth at a reasonable price" (GARP) characteristics for its equity holdings. Complementing this, the fund also acquires investment-grade debt issued by both corporations and government entities. Its investment performance is measured against a composite benchmark, which is split 60% to the Russell Developed Large Cap Index and 40% to the Bloomberg Barclays U.S. Aggregate Bond Index. The fund is legally domiciled in the United States.

What is the expense ratio of ZTR?

Virtus Total Return Fund Inc. (ZTR) charges an expense ratio of 3.67%. This is the annual fee deducted from fund assets to cover management and operations.

What is ZTR's dividend yield?

ZTR's trailing-twelve-month yield is 9.21%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ZTR?

Effective duration measures ZTR's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ZTR's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ZTR?

ZTR's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ZTR?

Yield to maturity (YTM) is the total return you'd earn from ZTR if every bond in the portfolio is held to maturity at the current price. ZTR's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.