NEW YORK, July 2, 2012 /PRNewswire/ -- The Zweig Fund, Inc. (NYSE: ZF) announced that its dividend distribution for the second quarter of 2012 will be $0.206 per share, payable on July 19, 2012, to shareholders of record on July 12, 2012 (ex-date July 10, 2012). The distribution represents a cash dividend yield of 6 percent 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. 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." The tax status of the fund's distributions is determined at the end of the taxable year. 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 email@example.com, or visit us on the web at www.virtus.com. SOURCE The Zweig Fund, Inc.