[ZWEIG TOTAL RETURN FUND LOGO]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 272-2700
Patricia Baronowski-Schneider
Pristine Advisers, LLC
(631) 756-2486
THE ZWEIG TOTAL RETURN FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, February 9, 2011 - The Board of Directors of The Zweig Total Return
Fund, Inc. (NYSE: ZTR) declared a distribution of $0.032 per share to
shareholders of record on February 11, 2011, payable February 18, 2011. The Fund
has a Managed Distribution Plan to pay 10 percent of the Fund's net asset value
("NAV") on an annualized basis. The Board believes that regular, fixed cash
payouts will enhance shareholder value and serve the long-term interests of
shareholders.
The following is a required Section 19A notice:
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.
This notice discloses information on the sources of the distribution as required
by SEC Rule 19(a) of the Investment Company Act of 1940 and the Fund's SEC
Exemptive Order under Section 19(b) as follows:
DISTRIBUTION ESTIMATES FEBRUARY 2011 (MTD) YEAR-TO-DATE (YTD) /(1)/
----------------------- ------------------------
Percentage Percentage
Per Share of Current Per Share of Current
(Sources) Amount Distribution Amount Distribution
--------- ------------ --------- ------------
Net Investment Income $ 0.001 3.7% $ 0.001 3.7%
Net Realized Short-Term Capital Gains 0.000 0.0% 0.000 0.0%
Net Realized Long-Term Capital Gains 0.000 0.0% 0.000 0.0%
Return of Capital (or other Capital Source) 0.031 96.3% 0.031 96.3%
TOTAL DISTRIBUTION $ 0.032 100.0% $ 0.032 100.0%
(1) YTD February 1, 2011 to January 9, 2012. (The distribution paid on January
10, 2011 was reportable for tax on Form 1099 in 2010)
The Fund estimates that it has distributed more than its income and net realized
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 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 you 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.
Average Annual Total Return on NAV for the 5-year
period ended January 31, 2011 /(2)/ 5.43%
Current Fiscal YTD Annualized Distribution Rate /(3)/ 10.23%
YTD Cumulative Total Return on NAV /(4)/ 2.02%
YTD Cumulative Distribution Rate /(5)/ 0.85%
(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 as of
January 31, 2011.
(4) YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to January 31, 2011, including distributions paid
and assuming reinvestment of those distributions.
(5) YTD Cumulative Distribution Rate is the dollar value of distributions from
January 1, 2011 to January 31, 2011 as a percentage of the Fund's NAV as of
January 31, 2011.
The Zweig Total Return Fund, Inc. is a closed-end fund with an investment
objective to seek the highest total return, consisting of capital appreciation
and current income, consistent with the preservation of capital. 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 or visit us on the web
at www.virtus.com.
ZTR Cusip: 989837109
2/11
[ZWEIG TOTAL RETURN FUND LOGO]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 243-1574
zweig@virtus.com
THE ZWEIG TOTAL RETURN FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, March 9, 2011 - The Board of Directors of The Zweig Total Return Fund,
Inc. (NYSE: ZTR) declared a distribution of $0.033 per share to shareholders of
record on March 11, 2011, payable March 18, 2011. The Fund has a Managed
Distribution Plan to pay 10 percent of the Fund's net asset value ("NAV") on an
annualized basis. The Board believes that regular, fixed cash payouts will
enhance shareholder value and serve the long-term interests of shareholders.
The following is a required Section 19A notice:
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.
This notice discloses information on the sources of the distribution as required
by SEC Rule 19(a) of the Investment Company Act of 1940 and the Fund's SEC
Exemptive Order under Section 19(b) as follows:
DISTRIBUTION ESTIMATES MARCH 2011 (MTD) YEAR-TO-DATE (YTD) /(1)/
----------------------- ------------------------
Percentage Percentage
Per Share of Current Per Share of Current
(Sources) Amount Distribution Amount Distribution
--------- ------------ --------- ------------
Net Investment Income $ 0.005 15.6% $ 0.006 9.7%
Net Realized Short-Term Capital Gains 0.000 0.0% 0.000 0.0%
Net Realized Long-Term Capital Gains 0.000 0.0% 0.000 0.0%
Return of Capital (or other Capital Source) 0.028 84.4% 0.059 90.3%
TOTAL DISTRIBUTION $ 0.033 100.0% $ 0.065 100.0%
(1) YTD February 1, 2011 to January 9, 2012. (The distribution paid on January
10, 2011 was reportable for tax on Form 1099 in 2010)
The Fund estimates that it has distributed more than its income and net realized
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 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 you 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.
Average Annual Total Return on NAV for the 5-year
period ended February 28, 2011 /(2)/ 5.71%
Current Fiscal YTD Annualized Distribution Rate /(3)/ 10.00%
YTD Cumulative Total Return on NAV /(4)/ 3.73%
YTD Cumulative Distribution Rate /(5)/ 1.67%
(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 cumulative
distribution rate annualized as a percentage of the Fund's NAV as of
February 28, 2011.
(4) YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to February 28, 2011, including distributions paid
and assuming reinvestment of those distributions.
(5) YTD Cumulative Distribution Rate is the dollar value of distributions from
January 1, 2011 to February 28, 2011 as a percentage of the Fund's NAV as
of February 28, 2011.
The Zweig Total Return Fund, Inc. is a closed-end fund with an investment
objective to seek the highest total return, consisting of capital appreciation
and current income, consistent with the preservation of capital. The Zweig
closed-end funds are advised by Zweig Advisers LLC, an affiliated investment
manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS). For more information
on the Fund, please contact Shareholder Services at 800.243.1574, by email at
zweig@virtus.com, or visit us on the web at www.virtus.com.
ZTR Cusip: 989837109
03/11
[ZWEIG TOTAL RETURN FUND LOGO]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 243-1574
zweig@virtus.com
THE ZWEIG TOTAL RETURN FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, April 6, 2011 - The Board of Directors of The Zweig Total Return Fund,
Inc. (NYSE: ZTR) declared a distribution of $0.032 per share to shareholders of
record on April 11, 2011, payable April 18, 2011. The Fund has a Managed
Distribution Plan to pay 10 percent of the Fund's net asset value ("NAV") on an
annualized basis. The Board believes that regular, fixed cash payouts will
enhance shareholder value and serve the long-term interests of shareholders.
The following is a required Section 19A notice:
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.
This notice discloses information on the sources of the distribution as required
by SEC Rule 19(a) of the Investment Company Act of 1940 and the Fund's SEC
Exemptive Order under Section 19(b) as follows:
DISTRIBUTION ESTIMATES MARCH 2011 (MTD) YEAR-TO-DATE (YTD) /(1)/
----------------------- ------------------------
Percentage Percentage
Per Share of Current Per Share of Current
(Sources) Amount Distribution Amount Distribution
--------- ------------ --------- ------------
Net Investment Income $ 0.005 16.4% $ 0.012 11.9%
Net Realized Short-Term Capital Gains 0.000 0.0% 0.000 0.0%
Net Realized Long-Term Capital Gains 0.000 0.0% 0.000 0.0%
Return of Capital (or other Capital Source) 0.027 83.6% 0.085 88.1%
TOTAL DISTRIBUTION $ 0.032 100.0% $ 0.097 100.0%
(1) YTD February 1, 2011 to January 9, 2012. (The distribution paid on January
10, 2011 was reportable for tax on Form 1099 in 2010)
The Fund estimates that it has distributed more than its income and net realized
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 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 you 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.
Average Annual Total Return on NAV for the 5-year
period ended March 31, 2011 /(2)/ 5.86%
Current Fiscal YTD Annualized Distribution Rate /(3)/ 10.10%
YTD Cumulative Total Return on NAV /(4)/ 4.18%
YTD Cumulative Distribution Rate /(5)/ 2.53%
(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 as of March
31, 2011.
(4) YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to March 31, 2011, including distributions paid
and assuming reinvestment of those distributions.
(5) YTD Cumulative Distribution Rate is the dollar value of distributions from
January 1, 2011 to March 31, 2011 as a percentage of the Fund's NAV as of
March 31, 2011.
The Zweig Total Return Fund, Inc. is a closed-end fund with an investment
objective to seek the highest total return, consisting of capital appreciation
and current income, consistent with the preservation of capital. The Zweig
closed-end funds are advised by Zweig Advisers LLC, an affiliated investment
manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS). For more information
on the Fund, please contact Shareholder Services at 800.243.1574, by email at
zweig@virtus.com, or visit us on the web at www.virtus.com.
ZTR Cusip: 989837109
04/11
[ZWEIG TOTAL RETURN FUND LOGO]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 243-1574
zweig@virtus.com
THE ZWEIG TOTAL RETURN FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, May 10, 2011 - The Board of Directors of The Zweig Total Return Fund,
Inc. (NYSE: ZTR) declared a distribution of $0.033 per share to shareholders of
record on May 12, 2011, payable May 19, 2011. The Fund has a Managed
Distribution Plan to pay 10 percent of the Fund's net asset value ("NAV") on an
annualized basis. The Board believes that regular, fixed cash payouts will
enhance shareholder value and serve the long-term interests of shareholders.
The following is a required Section 19A notice:
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.
This notice discloses information on the sources of the distribution as required
by SEC Rule 19(a) of the Investment Company Act of 1940 and the Fund's SEC
Exemptive Order under Section 19(b) as follows:
DISTRIBUTION ESTIMATES APRIL 2011 (MTD) YEAR-TO-DATE (YTD) /(1)/
----------------------- ------------------------
Percentage Percentage
Per Share of Current Per Share of Current
(Sources) Amount Distribution Amount Distribution
--------- ------------ --------- ------------
Net Investment Income $ 0.005 15.9% $ 0.017 12.9%
Net Realized Short-Term Capital Gains 0.000 0.0% 0.000 0.0%
Net Realized Long-Term Capital Gains 0.000 0.0% 0.000 0.0%
Return of Capital (or other Capital Source) 0.028 84.1% 0.113 87.1%
TOTAL DISTRIBUTION $ 0.033 100.0% $ 0.130 100.0%
(1) YTD February 1, 2011 to January 9, 2012. (The distribution paid on January
10, 2011 was reportable for tax on Form 1099 in 2010)
The Fund estimates that it has distributed more than its income and net realized
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 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 you 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.
Average Annual Total Return on NAV for the 5-year
period ended April 30, 2011 /(2)/ 6.15%
Current Fiscal YTD Annualized Distribution Rate /(3)/ 9.97%
YTD Cumulative Total Return on NAV /(4)/ 5.96%
YTD Cumulative Distribution Rate /(5)/ 3.32%
(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 as of April
29, 2011.
(4) YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to April 30, 2011, including distributions paid
and assuming reinvestment of those distributions.
(5) YTD Cumulative Distribution Rate is the dollar value of distributions from
January 1, 2011 to April 30, 2011 as a percentage of the Fund's NAV as of
April 29, 2011.
The Zweig Total Return Fund, Inc. is a closed-end fund with an investment
objective to seek the highest total return, consisting of capital appreciation
and current income, consistent with the preservation of capital. The Zweig
closed-end funds are advised by Zweig Advisers LLC, an affiliated investment
manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS). For more information
on the Fund, please contact Shareholder Services at 800.243.1574, by email at
zweig@virtus.com, or visit us on the web at www.virtus.com.
ZTR Cusip: 989837109
05/11
[ZWEIG TOTAL RETURN FUND LOGO]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 243-1574
zweig@virtus.com
THE ZWEIG TOTAL RETURN FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, June 9, 2011 - The Board of Directors of The Zweig Total Return Fund,
Inc. (NYSE: ZTR) declared a distribution of $0.032 per share to shareholders of
record on June 13, 2011, payable June 20, 2011. The Fund has a Managed
Distribution Plan to pay 10 percent of the Fund's net asset value ("NAV") on an
annualized basis. The Board believes that regular, fixed cash payouts will
enhance shareholder value and serve the long-term interests of shareholders.
The following is a required Section 19A notice:
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.
This notice discloses information on the sources of the distribution as required
by SEC Rule 19(a) of the Investment Company Act of 1940 and the Fund's SEC
Exemptive Order under Section 19(b) as follows:
DISTRIBUTION ESTIMATES MAY 2011 (MTD) YEAR-TO-DATE (YTD) /(1)/
----------------------- ------------------------
Percentage Percentage
Per Share of Current Per Share of Current
(Sources) Amount Distribution Amount Distribution
--------- ------------ --------- ------------
Net Investment Income $ 0.011 35.5% $ 0.028 17.4%
Net Realized Short-Term Capital Gains 0.000 0.0% 0.000 0.0%
Net Realized Long-Term Capital Gains 0.000 0.0% 0.000 0.0%
Return of Capital (or other Capital Source) 0.021 64.5% 0.134 82.6%
TOTAL DISTRIBUTION $ 0.032 100.0% $ 0.162 100.0%
(1) YTD February 1, 2011 to January 9, 2012. (The distribution paid on January
10, 2011 was reportable for tax on Form 1099 in 2010)
The Fund estimates that it has distributed more than its income and net realized
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 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 you 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.
Average Annual Total Return on NAV for the 5-year
period ended May 31, 2011 /(2)/ 6.25%
Current Fiscal YTD Annualized Distribution Rate /(3)/ 10.16%
YTD Cumulative Total Return on NAV /(4)/ 5.33%
YTD Cumulative Distribution Rate /(5)/ 4.23%
(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 as of May
31, 2011.
(4) YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to May 31, 2011, including distributions paid and
assuming reinvestment of those distributions.
(5) YTD Cumulative Distribution Rate is the dollar value of distributions from
January 1, 2011 to May 31, 2011 as a percentage of the Fund's NAV as of May
31, 2011.
The Zweig Total Return Fund, Inc. is a closed-end fund with an investment
objective to seek the highest total return, consisting of capital appreciation
and current income, consistent with the preservation of capital. The Zweig
closed-end funds are advised by Zweig Advisers LLC, an affiliated investment
manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS). For more information
on the Fund, please contact Shareholder Services at 800.243.1574, by email at
zweig@virtus.com, or visit us on the web at www.virtus.com.
ZTR Cusip: 989837109
6/11