FOR IMMEDIATE RELEASE
For Further Information:
Zweig Funds Shareholder Services
(800) 272-2700
zweig@virtus.com
THE ZWEIG TOTAL RETURN FUND, INC. DECLARES DISTRIBUTION AND
DISCLOSES SOURCES OF DISTRIBUTION – SECTION 19(a) NOTICE
New York, July 1, 2016 -- The Zweig Total Return Fund, Inc. (NYSE: ZTR) today announced a monthly distribution of $0.112 per share, payable on July 18, 2016, to shareholders of record on July 11, 2016 (ex-date July 7, 2016).
The Fund has a Managed Distribution Plan (“Plan”) to pay 10% of the Fund’s net asset value on an annualized basis, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended. Distributions may represent earnings from net investment income, capital gains, or if necessary, return of capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Plan.
The following chart discloses information on the sources of the distribution:
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | June 2016 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | $ | 0.021 | | | | 18.5% | | | $ | 0.127 | | | | 21.2% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.091 | | | | 81.5% | | | | 0.437 | | | | 73.3% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | 0.033 | | | | 5.5% | |
Total Distribution | | $ | 0.112 | | | | 100.0% | | | $ | 0.597 | | | | 100.0% | |
(1) YTD January 12, 2016 to January 11, 2017. (The distribution paid on January 11, 2016 was reportable for tax on Form 1099 in 2015)
The Fund estimates that it has distributed more than its income and net realized capital gains in the fiscal year to date; therefore, a portion of the distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Information regarding the Fund’s performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund’s NAV and not the market price of the Fund’s shares. Performance figures are not meant to represent individual shareholder performance.
| | | | |
| June 30, 2016 | | | |
Average Annual Total Return on NAV for the 5-year period ended this month (2) | | | 6.21% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.03% | |
| | | | | |
YTD Cumulative Total Return on NAV (4) | | | 2.89% | |
YTD Cumulative Distribution Rate (5) | | | 4.46% | |
| | (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions. |
| | (3) | Current Fiscal YTD Annualized Distribution Rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV at month end. |
| | (4) | YTD Cumulative Total Return on NAV is the percentage change in the Fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| | (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the Fund’s NAV at month end. |
Section 19(a) notices are posted on the Fund’s website at:
ZTR 19A Notices
The Zweig closed-end funds are advised by Zweig Advisers LLC. For more information on the Fund, please contact shareholder services at 800.272.2700, by email at zweig@virtus.com, or visit us on the web at www.virtus.com.
# # #
FOR IMMEDIATE RELEASE
For Further Information:
Zweig Funds Shareholder Services
(800) 272-2700
zweig@virtus.com
THE ZWEIG TOTAL RETURN FUND, INC. DECLARES DISTRIBUTION AND
DISCLOSES SOURCES OF DISTRIBUTION – SECTION 19(a) NOTICE
New York, August 1, 2016 -- The Zweig Total Return Fund, Inc. (NYSE: ZTR) today announced a monthly distribution of $0.113 per share, payable on August 18, 2016, to shareholders of record on August 11, 2016 (ex-date August 9, 2016).
The Fund has a Managed Distribution Plan (“Plan”) to pay 10% of the Fund’s net asset value on an annualized basis, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended. Distributions may represent earnings from net investment income, capital gains, or if necessary, return of capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Plan.
The following chart discloses information on the sources of the distribution:
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | July 2016 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | $ | 0.017 | | | | 14.6% | | | $ | 0.144 | | | | 20.2% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.096 | | | | 85.4% | | | | 0.548 | | | | 77.2% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | 0.018 | | | | 2.6% | |
Total Distribution | | $ | 0.113 | | | | 100.0% | | | $ | 0.710 | | | | 100.0% | |
(1) YTD January 12, 2016 to January 11, 2017. (The distribution paid on January 11, 2016 was reportable for tax on Form 1099 in 2015)
The Fund estimates that it has distributed more than its income and net realized capital gains in the fiscal year to date; therefore, a portion of the distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Information regarding the Fund’s performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund’s NAV and not the market price of the Fund’s shares. Performance figures are not meant to represent individual shareholder performance.
| | | | |
| July 29, 2016 | | | |
Average Annual Total Return on NAV for the 5-year period ended this month (2) | | | 6.82% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 9.96% | |
| | | | | |
YTD Cumulative Total Return on NAV (4) | | | 5.45% | |
YTD Cumulative Distribution Rate (5) | | | 5.22% | |
| | (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions. |
| | (3) | Current Fiscal YTD Annualized Distribution Rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV at month end. |
| | (4) | YTD Cumulative Total Return on NAV is the percentage change in the Fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| | (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the Fund’s NAV at month end. |
Section 19(a) notices are posted on the Fund’s website at:
ZTR 19A Notices
The Zweig closed-end funds are advised by Zweig Advisers LLC. For more information on the Fund, please contact shareholder services at 800.272.2700, by email at zweig@virtus.com, or visit us on the web at www.virtus.com.
# # #
FOR IMMEDIATE RELEASE
For Further Information:
Zweig Funds Shareholder Services
(800) 272-2700
zweig@virtus.com
THE ZWEIG TOTAL RETURN FUND, INC. DECLARES DISTRIBUTION AND
DISCLOSES SOURCES OF DISTRIBUTION – SECTION 19(a) NOTICE
New York, September 1, 2016 -- The Zweig Total Return Fund, Inc. (NYSE: ZTR) today announced a monthly distribution of $0.112 per share, payable on September 19, 2016, to shareholders of record on September 12, 2016 (ex-date September 8, 2016).
The Fund has a Managed Distribution Plan (“Plan”) to pay 10% of the Fund’s net asset value on an annualized basis, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended. Distributions may represent earnings from net investment income, capital gains, or if necessary, return of capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Plan.
The following chart discloses information on the sources of the distribution:
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | August 2016 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | $ | 0.045 | | | | 40.0% | | | $ | 0.187 | | | | 22.8% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | �� | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.067 | | | | 60.0% | | | | 0.619 | | | | 75.3% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | 0.016 | | | | 1.9% | |
Total Distribution | | $ | 0.112 | | | | 100.0% | | | $ | 0.822 | | | | 100.0% | |
| (1) | YTD January 12, 2016 to January 11, 2017. (The distribution paid on January 11, 2016 was reportable for tax on Form 1099 in 2015) |
The Fund estimates that it has distributed more than its income and net realized capital gains in the fiscal year to date; therefore, a portion of the distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Information regarding the Fund’s performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund’s NAV and not the market price of the Fund’s shares. Performance figures are not meant to represent individual shareholder performance.
| | | | |
| August 31, 2016 | | | |
Average Annual Total Return on NAV for the 5-year period ended this month (2) | | | 7.05% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.00% | |
| | | | | |
YTD Cumulative Total Return on NAV (4) | | | 5.08% | |
YTD Cumulative Distribution Rate (5) | | | 6.12% | |
| | (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions. |
| | (3) | Current Fiscal YTD Annualized Distribution Rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV at month end. |
| | (4) | YTD Cumulative Total Return on NAV is the percentage change in the Fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| | (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the Fund’s NAV at month end. |
Section 19(a) notices are posted on the Fund’s website at:
ZTR 19A Notices
The Zweig closed-end funds are advised by Zweig Advisers LLC. For more information on the Fund, please contact shareholder services at 800.272.2700, by email at zweig@virtus.com, or visit us on the web at www.virtus.com.
# # #
| | |
 | | 101 Munson Street, Greenfield, MA 01301 |
| | |
NEWS RELEASE | | FOR IMMEDIATE RELEASE |
| |
| For Further Information: | | |
Shareholder Services | | |
(866) 270-7788 closedendfunds@virtus.com | | |
VIRTUS GLOBAL DIVIDEND & INCOME FUND INC. DISCLOSES SOURCES
OF DISTRIBUTION – SECTION 19(a) NOTICE
Hartford, CT, October 20, 2016 -- Virtus Global Dividend & Income Fund Inc.
(NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on October 13, 2016 (ex-date October 11, 2016).
The following table sets forth the estimated amounts of the current distribution, payable October 20, 2016, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | September 2016 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | $ | 0.023 | | | | 19.9% | | | $ | 0.210 | | | | 22.4% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.090 | | | | 80.1% | | | | 0.725 | | | | 77.6% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Total Distribution | | $ | 0.113 | | | | 100.0% | | | $ | 0.935 | | | | 100.0% | |
| (1) | YTD January 12, 2016 to January 11, 2017. (The distribution paid on January 11, 2016 was reportable for tax on Form 1099 in 2015) |
| | | | |
| September 30, 2016 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 7.99% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.27% | |
YTD Cumulative Total Return on NAV (4) | | | 4.17% | |
YTD Cumulative Distribution Rate (5) | | | 7.08% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the Fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the Fund’s NAV at month end. |
Under the terms of the Fund’s Managed Distribution Plan, the Fund seeks to maintain a consistent distribution level that may be paid in part or in full from net investment income, realized capital gains, and a return of capital, or a combination thereof. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
| | |
| | 101 Munson Street Greenfield, MA 01301 |
| | |
NEWS RELEASE | | FOR IMMEDIATE RELEASE |
| |
| For Further Information: | | |
Shareholder Services | | |
(866) 270-7788 closedendfunds@virtus.com | | |
VIRTUS GLOBAL DIVIDEND & INCOME FUND INC. DISCLOSES SOURCES
OF DISTRIBUTION – SECTION 19(a) NOTICE
Hartford, CT, November 21, 2016 -- Virtus Global Dividend & Income Fund Inc.
(NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on November 14, 2016 (ex-date November 9, 2016).
The following table sets forth the estimated amounts of the current distribution, payable November 21, 2016, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | October 2016 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | $ | 0.017 | | | | 15.3% | | | $ | 0.227 | | | | 21.7% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.096 | | | | 84.7% | | | | 0.821 | | | | 78.3% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Total Distribution | | $ | 0.113 | | | | 100.0% | | | $ | 1.048 | | | | 100.0% | |
| (1) | YTD January 12, 2016 to January 11, 2017. (The distribution paid on January 11, 2016 was reportable for tax on Form 1099 in 2015) |
| | | | |
| October 31, 2016 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 6.19% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.56% | |
YTD Cumulative Total Return on NAV (4) | | | 2.30% | |
YTD Cumulative Distribution Rate (5) | | | 8.16% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the Fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the Fund’s NAV at month end. |
Under the terms of the Fund’s Managed Distribution Plan, the Fund seeks to maintain a consistent distribution level that may be paid in part or in full from net investment income, realized capital gains, and a return of capital, or a combination thereof. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
SECTION 19(a) NOTICE
Hartford, CT, December 19, 2016 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on December 12, 2016 (ex-date December 8, 2016).
The following table sets forth the estimated amounts of the current distribution, payable December 19, 2016, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | November 2016 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | | $0.046 | | | | 40.8% | | | | $0.272 | | | | 23.5% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.067 | | | | 59.2% | | | | 0.889 | | | | 76.5% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Total Distribution | | | $0.113 | | | | 100.0% | | | | $1.161 | | | | 100.0% | |
| (1) | YTD January 12, 2016 to January 11, 2017. (The distribution paid on January 11, 2016 was reportable for tax on Form 1099 in 2015) |
| | | | |
| November 30, 2016 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 6.01% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.77% | |
YTD Cumulative Total Return on NAV (4) | | | 1.31% | |
YTD Cumulative Distribution Rate (5) | | | 9.22% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the cumulative distribution rate annualized as a percentage of the fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end. |
Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance
from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders what distributions to report for federal income tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
SECTION 19(a) NOTICE
Hartford, CT, January 10, 2017 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.613 per share to shareholders of record at the close of business on December 29, 2016 (ex-date January 5, 2017).
The following table sets forth the estimated amounts of the current distribution, payable January 10, 2017, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | December 2016 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | | $0.022 | | | | 3.6% | | | | $0.295 | | | | 16.6% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.591 | | | | 96.4% | | | | 1.479 | | | | 83.4% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Total Distribution | | | $0.613 | | | | 100.0% | | | | $1.774 | | | | 100.0% | |
| (1) | YTD January 12, 2016 to January 11, 2017. (The distribution paid on January 11, 2016 was reportable for tax on Form 1099 in 2015) |
| | | | |
| December 30, 2016 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 6.49% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.62% | |
YTD Cumulative Total Return on NAV (4) | | | 3.74% | |
YTD Cumulative Distribution Rate (5) | | | 13.89% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end. |
Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance
from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders what distributions to report for federal income tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
SECTION 19(a) NOTICE
Hartford, CT, February 21, 2017 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on February 13, 2017 (ex-date February 9, 2017).
The following table sets forth the estimated amounts of the current distribution, payable February 21, 2017, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | January 2017 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | | $0.026 | | | | 22.7% | | | | $0.026 | | | | 22.7% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | 0.015 | | | | 13.4% | | | | 0.015 | | | | 13.4% | |
Net Realized Long-Term Capital Gains | | | 0.072 | | | | 63.9% | | | | 0.072 | | | | 63.9% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Total Distribution | | | $0.113 | | | | 100.0% | | | | $0.113 | | | | 100.0% | |
| (1) | YTD January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016) |
| | | | |
| January 31, 2017 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 6.20% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.96% | |
YTD Cumulative Total Return on NAV (4) | | | 2.15% | |
YTD Cumulative Distribution Rate (5) | | | 0.91% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end. |
Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance
from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders what distributions to report for federal income tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
SECTION 19(a) NOTICE
Hartford, CT, March 20, 2017 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on March 13, 2017 (ex-date March 9, 2017).
The following table sets forth the estimated amounts of the current distribution, payable March 20, 2017, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | February 2017 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | | $0.033 | | | | 28.9% | | | | $0.059 | | | | 25.8% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | 0.003 | | | | 1.4% | |
Net Realized Long-Term Capital Gains | | | - | | | | 0.0% | | | | 0.068 | | | | 30.2% | |
Return of Capital (or other Capital Source) | | | 0.080 | | | | 71.1% | | | | 0.096 | | | | 42.6% | |
Total Distribution | | | $0.113 | | | | 100.0% | | | | $0.226 | | | | 100.0% | |
| (1) | YTD January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016) |
| | | | |
| February 28, 2017 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 6.40% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.80% | |
YTD Cumulative Total Return on NAV (4) | | | 4.65% | |
YTD Cumulative Distribution Rate (5) | | | 1.80% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end. |
Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance
from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.
The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
SECTION 19(a) NOTICE
Hartford, CT, April 21, 2017 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on April 13, 2017 (ex-date April 11, 2017).
The following table sets forth the estimated amounts of the current distribution, payable April 21, 2017, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | March 2017 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | | $0.049 | | | | 43.9% | | | | $0.108 | | | | 31.8% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Long-Term Capital Gains | | | 0.040 | | | | 35.1% | | | | 0.111 | | | | 32.8% | |
Return of Capital (or other Capital Source) | | | 0.024 | | | | 21.0% | | | | 0.120 | | | | 35.4% | |
Total Distribution | | | $0.113 | | | | 100.0% | | | | $0.339 | | | | 100.0% | |
| (1) | YTD January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016) |
| | | | |
| March 31, 2017 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 6.68% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.69% | |
YTD Cumulative Total Return on NAV (4) | | | 6.76% | |
YTD Cumulative Distribution Rate (5) | | | 2.67% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end. |
Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance
from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.
The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
SECTION 19(a) NOTICE
Hartford, CT, May 18, 2017 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on May 11, 2017 (ex-date May 9, 2017).
The following table sets forth the estimated amounts of the current distribution, payable May 18, 2017, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | April 2017 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | | $0.033 | | | | 29.3% | | | | $0.141 | | | | 31.2% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | 0.017 | | | | 15.4% | | | | 0.017 | | | | 3.9% | |
Net Realized Long-Term Capital Gains | | | 0.040 | | | | 35.2% | | | | 0.151 | | | | 33.4% | |
Return of Capital (or other Capital Source) | | | 0.023 | | | | 20.1% | | | | 0.143 | | | | 31.5% | |
Total Distribution | | | $0.113 | | | | 100.0% | | | | $0.452 | | | | 100.0% | |
| (1) | YTD January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016) |
| | | | |
| April 28, 2017 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 6.80% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.72% | |
YTD Cumulative Total Return on NAV (4) | | | 7.50% | |
YTD Cumulative Distribution Rate (5) | | | 3.57% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end. |
Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance
from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.
The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
SECTION 19(a) NOTICE
Hartford, CT, June 19, 2017 -- Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution of $0.113 per share to shareholders of record at the close of business on June 12, 2017 (ex-date June 8, 2017).
The following table sets forth the estimated amounts of the current distribution, payable June 19, 2017, and the cumulative distributions paid this fiscal year to date from the following sources. All amounts are expressed based on U.S. generally accepted accounting principles which may differ from federal income tax regulations.
| | | | | | | | | | | | | | | | |
| Distribution Estimates | | May 2017 (MTD) | | | Year-to-date (YTD) (1) | |
| (Sources) | | Per Share
Amount | | | Percentage
of Current
Distribution | | | Per Share
Amount | | | Percentage
of Current
Distribution | |
Net Investment Income | | | $0.075 | | | | 66.2% | | | | $0.216 | | | | 38.2% | |
Net Realized Foreign Currency Gains | | | - | | | | 0.0% | | | | - | | | | 0.0% | |
Net Realized Short-Term Capital Gains | | | 0.019 | | | | 17.3% | | | | 0.037 | | | | 6.5% | |
Net Realized Long-Term Capital Gains | | | 0.019 | | | | 16.5% | | | | 0.185 | | | | 32.8% | |
Return of Capital (or other Capital Source) | | | - | | | | 0.0% | | | | 0.127 | | | | 22.5% | |
Total Distribution | | | $0.113 | | | | 100.0% | | | | $0.565 | | | | 100.0% | |
| (1) | YTD January 11, 2017 to January 9, 2018. (The distribution paid on January 10, 2017 was reportable for tax on Form 1099 in 2016) |
| | | | |
| May 31, 2017 | | | |
Average Annual Total Return on NAV for the 5-year period ended this quarter (2) | | | 8.37% | |
Current Fiscal YTD Annualized Distribution Rate (3) | | | 10.45% | |
YTD Cumulative Total Return on NAV (4) | | | 11.31% | |
YTD Cumulative Distribution Rate (5) | | | 4.35% | |
| (2) | Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the fund’s NAV and reinvestment of all distributions. |
| (3) | Current Fiscal YTD Annualized Distribution Rate is the current distribution rate (excluding the supplemental gain) annualized as a percentage of the fund’s NAV at month end. |
| (4) | YTD Cumulative Total Return on NAV is the percentage change in the fund’s NAV from the first day of the year to this month end, including distributions paid and assuming reinvestment of those distributions. |
| (5) | YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the year to this month end as a percentage of the fund’s NAV at month end. |
Under the terms of its managed distribution plan, the fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. You should not draw any conclusions about the fund’s investment performance
from the amount of this distribution or from the terms of the fund’s managed distribution plan. Shareholders should note, however, that if the fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the fund’s assets and will constitute a return of the shareholder’s capital.
The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
For more information on Virtus Global Dividend & Income Fund Inc., 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.
Cusip: 92835W107
# # #
