[LOGO OF ZWEIG FUND ]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 272-2700
zweig@virtus.com
THE ZWEIG FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, July 7, 2011 - The Board of Directors of The Zweig Fund, Inc. (NYSE:
ZF) declared a distribution of $0.090 per share to shareholders of record on
July 11, 2011, payable July 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 JUNE 2011 (QTD) 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 1.1% $0.001 0.5%
Net Realized Short-Term Capital
Gains -- 0.0% -- 0.0%
Net Realized Long-Term Capital
Gains -- 0.0% -- 0.0%
Return of Capital (or other
Capital Source) 0.089 98.9% 0.183 99.5%
TOTAL DISTRIBUTION $0.090 100.0% $0.184 100.0%
(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 June 30, 2011
/(2)/ 3.47%
Current Fiscal YTD Annualized
Distribution Rate /(3)/ 10.03%
YTD Cumulative Total Return on NAV /(4)/ 4.14%
YTD Cumulative Distribution Rate /(5)/ 5.01%
(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
June 30, 2011.
(4)YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to June 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 June 30, 2011 as a percentage of the Fund's NAV as of
June 30, 2011.
The Zweig Fund, Inc. is a closed-end fund with an investment objective of
increasing capital primarily through investment in equity securities consistent
with the preservation of capital and reduction of risk as determined by the
fund's investment adviser. 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.
ZF Cusip: 989834106
07/11
[LOGO OF ZWEIG FUND]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 272-2700
zweig@virtus.com
THE ZWEIG FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, October 5, 2011 - The Board of Directors of The Zweig Fund, Inc.
(NYSE: ZF) declared a distribution of $0.087 per share to shareholders of
record on October 10, 2011, payable October 17, 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 SEPTEMBER 2011(QTD) YEAR-TO-DATE (YTD) /(1)/
---------------------- --------------------- -----------------------
Percentage Percentage
Per Share of Current Per Share of Current
(Sources) Amount Distribution Amount Distribution
--------- --------- ------------ --------- ------------
Net Investment Income $0.004 5.0% $0.005 1.9%
Net Realized Short-Term
Capital Gains 0.019 21.7% 0.019 7.0%
Net Realized Long-Term
Capital Gains -- 0.0% -- 0.0%
Return of Capital (or other
Capital Source) 0.064 73.3% 0.247 91.1%
TOTAL DISTRIBUTION $0.087 100.0% $0.271 100.0%
(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 September 30,
2011 /(2)/ -0.36%
Current Fiscal YTD Annualized
Distribution Rate /(3)/ 11.80%
YTD Cumulative Total Return on NAV /(4)/ -10.49%
YTD Cumulative Distribution Rate /(5)/ 8.85%
(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
September 30, 2011.
(4)YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to September 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 September 30, 2011 as a percentage of the Fund's NAV as
of September 30, 2011.
The Zweig Fund, Inc. is a closed-end fund with an investment objective of
increasing capital primarily through investment in equity securities consistent
with the preservation of capital and reduction of risk as determined by the
fund's investment adviser. 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.
ZF Cusip: 989834106
10/11
[LOGO OF ZWEIG FUND]
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION:
Zweig Funds Shareholder Services
(800) 272-2700
zweig@virtus.com
THE ZWEIG FUND, INC. DISCLOSES SOURCES OF DISTRIBUTION
- SECTION 19A NOTICE
NEW YORK, January 9, 2012 - The Board of Directors of The Zweig Fund, Inc.
(NYSE: ZF) declared a distribution of $0.082 per share to shareholders of
record on December 30, 2011, payable January 9, 2012. 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 DECEMBER 2011(QTD) YEAR-TO-DATE (YTD) /(1)/
---------------------- --------------------- -----------------------
Percentage Percentage
Per Share of Current Per Share of Current
(Sources) Amount Distribution Amount Distribution
--------- --------- ------------ --------- ------------
Net Investment Income $0.006 7.0% $0.011 3.1%
Net Realized Short-Term
Capital Gains 0.053 64.7% 0.072 20.4%
Net Realized Long-Term
Capital Gains -- 0.0% -- 0.0%
Return of Capital (or other
Capital Source) 0.023 28.3% 0.270 76.5%
TOTAL DISTRIBUTION $0.082 100.0% $0.353 100.0%
(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 December 31,
2011 /(2)/ 0.53%
Current Fiscal YTD Annualized
Distribution Rate /(3)/ 10.83%
YTD Cumulative Total Return on NAV /(4)/ -1.18%
YTD Cumulative Distribution Rate /(5)/ 10.83%
(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
December 30, 2011.
(4)YTD Cumulative Total Return on NAV is the percentage change in the Fund's
NAV from January 1, 2011 to December 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 December 31, 2011 as a percentage of the Fund's NAV as of
December 30, 2011.
The Zweig Fund, Inc. is a closed-end fund with an investment objective of
increasing capital primarily through investment in equity securities consistent
with the preservation of capital and reduction of risk as determined by the
fund's investment adviser. 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.
ZF Cusip: 989834106