ZTR
Virtus Total Return FundZTR
ZTR
About: Virtus Total Return Fund Inc is a closed-end, diversified management investment company. Its investment objective is capital appreciation, with current income as a secondary objective through a balance of equity and fixed income investments. It invests in operators of infrastructure in the communications, utility, energy, and transportation industries.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1% more funds holding
Funds holding: 76 [Q2] → 77 (+1) [Q3]
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2% less capital invested
Capital invested by funds: $115M [Q2] → $113M (-$2.14M) [Q3]
4.19% less ownership
Funds ownership: 30.72% [Q2] → 26.53% (-4.19%) [Q3]
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
Research analyst outlook
We haven’t received any recent analyst ratings for ZTR.
Financial journalist opinion
Based on 3 articles about ZTR published over the past 30 days
Positive
Seeking Alpha
1 week ago
CEF Weekly Review: Mostly Quiet On The Distribution Front
We review the CEF market valuation and performance through the first week of December and highlight recent market action. The CEF market showed mixed performance; MLPs, Utilities, and Hybrid CEFs top year-to-date returns. Eaton Vance and Nuveen made minor distribution adjustments; Invesco's VBF hiked by 15%, while XFLT cut by 9%.
Positive
Seeking Alpha
2 weeks ago
ZTR: Play The Forward Growth Of Utilities With This High-Yielding CEF
The Virtus Total Return Fund offers a 9.63% yield, appealing to income-focused investors despite not having the highest yield among peers. ZTR's balanced strategy involves investing in global infrastructure equities and fixed income, with a current 75/25 equity-to-bond allocation. The fund's recent performance, including distributions, yielded a total return of 12.46%, closely trailing equity indices and outperforming bonds.
Neutral
Business Wire
2 weeks ago
Virtus Total Return Fund Inc. Announces First Conditional Tender Offer
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (“the Fund”) today announced it met the conditions to trigger its first conditional tender offer (“Tender Offer”) to acquire another 10% of the Fund's outstanding shares. This Tender Offer was triggered when the Average Trading Discount of the Fund's shares exceeded 12% during the period from May 31, 2024 through November 26, 2024 (“measurement period”). The average trading discount during this measurement period was 12.
Neutral
Business Wire
1 month ago
Virtus Total Return Fund Inc. Announces Distributions and Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions: Amount of Distribution Ex-Date/Record Date Payable Date $0.05 December 12, 2024 December 30, 2024 $0.05 January 13, 2025 January 30, 2025 $0.05 February 13, 2025 February 27, 2025 $0.05 March 13, 2025 March 28, 2025 The Fund previously announced the following monthly distribution on August 29, 2024: Amount of Distribution Ex-Date Record Date Payable Date $0.05 Novembe.
Neutral
Business Wire
1 month ago
Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on August 29, 2024: Amount of Distribution Ex-Date Record Date Payable Date $0.05 October 11, 2024 October 11, 2024 October 30, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Sh.
Neutral
Business Wire
2 months ago
Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on August 29, 2024: Amount of Distribution Ex-Date Record Date Payable Date $0.05 September 13, 2024 September 13, 2024 September 26, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination there.
Positive
Seeking Alpha
3 months ago
ZTR: Discount Remains Attractive As Better Performance Takes Hold
The Virtus Total Return Fund (ZTR) provides investors with exposure to both utilities and fixed-income instruments, an area of the market that stands to benefit in a lower-rate environment. The fund trades at an attractive discount while it has started to perform much better in 2024; it also pays out a relatively high distribution rate of ~10%. The fund completed a tender offer earlier this year, and there are potentially two more conditional tender offers to be triggered in the future.
Neutral
Business Wire
3 months ago
Virtus Total Return Fund Inc. Announces Distributions
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.05 September 13, 2024 September 13, 2024 September 26, 2024 $0.05 October 11, 2024 October 11, 2024 October 30, 2024 $0.05 November 12, 2024 November 12, 2024 November 27, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in.
Neutral
Business Wire
3 months ago
Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on June 6, 2024: Amount of Distribution Ex-Date Record Date Payable Date $0.05 August 12, 2024 August 12, 2024 August 29, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Sharehol.
Positive
Seeking Alpha
4 months ago
ZTR: Much Improved Portfolio And May Benefit From AI Boom
Virtus Total Return Fund Inc. is a closed-end fund that can protect against inflation and generate income. The ZTR fund's current yield of 10.33% compares well with similar funds, but its performance has lagged market indices. The fund might be able to benefit from the artificial intelligence boom due to its significant exposure to electric utilities.
Charts implemented using Lightweight Charts™