Virtus Total Return Fund Inc. (NYSE:ZTR) Plans Monthly Dividend of $0.08

Virtus Total Return Fund Inc. (NYSE:ZTRGet Rating) declared a monthly dividend on Wednesday, May 25th, Zacks reports. Investors of record on Monday, June 13th will be paid a dividend of 0.08 per share by the investment management company on Tuesday, June 21st. This represents a $0.96 annualized dividend and a yield of 10.47%. The ex-dividend date of this dividend is Friday, June 10th.

ZTR stock opened at $9.17 on Friday. Virtus Total Return Fund has a 12-month low of $8.17 and a 12-month high of $10.41. The stock has a 50-day moving average price of $9.34 and a two-hundred day moving average price of $9.36.

A number of hedge funds have recently made changes to their positions in the business. Stifel Financial Corp lifted its position in Virtus Total Return Fund by 3.5% during the fourth quarter. Stifel Financial Corp now owns 76,075 shares of the investment management company’s stock valued at $722,000 after buying an additional 2,554 shares in the last quarter. Royal Bank of Canada boosted its holdings in Virtus Total Return Fund by 8.0% in the 3rd quarter. Royal Bank of Canada now owns 48,357 shares of the investment management company’s stock worth $450,000 after acquiring an additional 3,584 shares during the period. UBS Group AG raised its stake in shares of Virtus Total Return Fund by 22.1% during the first quarter. UBS Group AG now owns 45,065 shares of the investment management company’s stock valued at $440,000 after purchasing an additional 8,144 shares during the period. Lido Advisors LLC acquired a new position in shares of Virtus Total Return Fund during the first quarter worth $120,000. Finally, Eudaimonia Partners LLC acquired a new position in shares of Virtus Total Return Fund during the first quarter worth $195,000. 9.18% of the stock is currently owned by hedge funds and other institutional investors.

About Virtus Total Return Fund (Get Rating)

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.

See Also

Dividend History for Virtus Total Return Fund (NYSE:ZTR)

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