Virtus Total Return Fund Inc. (NYSE:ZTR) declared a monthly dividend on Tuesday, November 23rd, Wall Street Journal reports. Shareholders of record on Friday, March 11th will be given a dividend of 0.08 per share by the investment management company on Friday, March 18th. This represents a $0.96 dividend on an annualized basis and a yield of 10.16%. The ex-dividend date is Thursday, March 10th.
NYSE ZTR opened at $9.45 on Thursday. Virtus Total Return Fund has a one year low of $8.37 and a one year high of $10.41. The firm’s fifty day moving average is $9.50 and its two-hundred day moving average is $9.71.
A hedge fund recently raised its stake in Virtus Total Return Fund stock. Royal Bank of Canada raised its holdings in Virtus Total Return Fund Inc. (NYSE:ZTR) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 48,357 shares of the investment management company’s stock after purchasing an additional 3,584 shares during the quarter. Royal Bank of Canada owned about 0.10% of Virtus Total Return Fund worth $450,000 as of its most recent filing with the SEC. 9.16% of the stock is owned by institutional investors and hedge funds.
Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.
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