HARTFORD, Conn., Jan. 3, 2017 /PRNewswire/ -- Virtus Total
Return Fund (NYSE: DCA) announced its dividend distribution for the
fourth quarter of 2016 will be $0.10
per share, payable on January 10,
2017, to shareholders of record on December 30, 2016 (ex-date January 5, 2017).
Distributions may represent earnings from net investment income,
excess gains taxable as ordinary income or, if necessary, return of
capital. Any portion of the fund's distributions that is a return
of capital does not necessarily reflect the fund's investment
performance and should not be confused with "yield" or "income."
Distributions are subject to re-characterization for tax purposes
after the end of the fiscal year. All shareholders with taxable
accounts will receive written notification regarding the components
and tax treatment for distributions via Form 1099-DIV.
The Virtus Total Return Fund is a diversified closed-end fund
with an objective of total return, consisting of both capital
appreciation and current income, as determined by the fund's
investment adviser, Virtus Investment Advisers, Inc. The fund has
been managed since December 9, 2011
by Duff & Phelps Investment Management Co. and Newfleet Asset
Management, LLC, both affiliated managers of Virtus Investment
Partners.
For more information on the fund, contact shareholder services
at (866) 270-7788, by email at closedendfunds@virtus.com, or
through the closed end fund section on the web at
www.virtus.com.
About Duff & Phelps Investment Management Co.
Duff
& Phelps Investment Management is a leader in investing in real
estate investment trusts, infrastructure, and utility companies and
in developing and managing focused investment strategies for
specialized clients. For more information about Duff & Phelps,
visit www.dpimc.com.
About Newfleet Asset Management
Newfleet Asset
Management provides comprehensive fixed income portfolio management
in multiple strategies. Newfleet Multi-Sector Strategies, which
manages assets in the Virtus Total Return Fund, leverages the
knowledge and skill of a team of investment professionals with
expertise in every sector of the bond market, including evolving,
specialized, and out-of-favor sectors. The team employs active
sector rotation and disciplined risk management to portfolio
construction, avoiding interest rate bets and remaining duration
neutral to each strategy's stated benchmark.
About Virtus Investment Partners
Virtus Investment
Partners (NASDAQ: VRTS) is a distinctive partnership of boutique
investment managers singularly committed to the long-term success
of individual and institutional investors. For more information
visit www.virtus.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/virtus-total-return-fund-declares-distribution-300385072.html
SOURCE Virtus Total Return Fund