In the news release, The Zweig Total Return Fund, Inc. Declares Distribution, issued 01-Nov-2011 by The Zweig Total Return Fund, Inc. over PR Newswire, we are advised by the company that the ex-date, referenced in the first paragraph, should be November 8, 2011 rather than November 9, 2011 as originally issued inadvertently. The complete, corrected release follows:
The Zweig Total Return Fund, Inc. Declares Distribution
NEW YORK, Nov. 1, 2011 /PRNewswire/ -- The Zweig Total Return Fund, Inc. (NYSE: ZTR), announced that its current monthly distribution will be $0.030 per share, payable on November 18, 2011, to shareholders of record on November 11, 2011 (ex-date November 8, 2011).
The distribution represents a cash yield of 10% on an annualized basis. Distributions may represent earnings from net investment income, capital gains, excess gains taxable as ordinary income or, if necessary, return of capital. The tax status of the Fund's distributions is determined at the end of the taxable year.
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, by email at firstname.lastname@example.org, or visit us on the web at www.virtus.com.SOURCE The Zweig Total Return Fund, Inc.