{"success":true,"data":{"pressRelease":{"id":"47090","rtpr_id":"nBw2mFmHSa","ticker":"ZTR","exchange":"NYSE","all_tickers":["ZTR"],"title":"Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice","author":"Business Wire","published_at":"2026-05-27T20:20:00.102Z","article_body":"Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section\n19(a) Notice\n\nVirtus Total Return Fund Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Fproducts%2Fvirtus-total-return-fund&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Virtus+Total+Return+Fund+Inc.&index=1&md5=32b6023bf55dbdbc80e8ae1c8afb3f35)\n(NYSE: ZTR) previously announced the following monthly distribution on March\n4, 2026:\n Ticker  Amount of Distribution  Ex-Date/Record Date  Payable Date  \n ZTR     $0.05                   May 11, 2026         May 28, 2026  \n\n\nUnder the terms of its Managed Distribution Plan, the Fund will seek to\nmaintain a consistent distribution level that may be paid, in part or in full,\nfrom net investment income and realized capital gains, or a combination\nthereof. Shareholders should note, however, that if the Fund's aggregate net\ninvestment income and net realized capital gains are less than the amount of\nthe distribution level, the difference will be distributed from the Fund's\nassets and will constitute a return of the shareholder's capital. You should\nnot draw any conclusions about the Fund’s investment performance from the\namount of this distribution or from the terms of the Fund’s Managed\nDistribution Plan.\n\nThe Fund provided this estimate of the sources of the distributions:\n Distribution Estimates                       May 2026 (MTD)               Fiscal Year-to-Date (YTD)( (1))          \n                                              Per Share     Percentage     Per Share                 Percentage     \n \n                                            \nAmount       \nof Current    \nAmount                   \nof Current    \n \n                                                          \nDistribution                            \nDistribution  \n \n                                                                                                                  \n \n(Sources)                                                                                                         \n Net Investment Income                        $      0.016  32.0%          $            0.095        31.7%          \n Net Realized Short-Term Capital Gains               0.011  22.0%                       0.096        31.9%          \n Net Realized Long-Term Capital Gains                0.023  46.0%                       0.109        36.4%          \n Return of Capital (or other Capital Source)         0.000  0.0%                        0.000        0.0%           \n Total Distribution                           $      0.050  100.0%         $            0.300        100.0%         \n\n ((1))    Fiscal year started December 1, 2025.  \n\n\nInformation regarding the Fund’s performance and distribution rates is set\nforth below. Please note that all performance figures are based on the\nFund’s net asset value (NAV) and not the market price of the Fund’s\nshares. Performance figures are not meant to represent individual shareholder\nperformance.\n April 30, 2026                                                                                                        \n Average Annual Total Return on NAV for the 5-year period ((2))              8.36%                                     \n Annualized Current Distribution Rate ((3))                                  7.66%                                     \n Fiscal YTD Cumulative Total Return on NAV ((4))                             12.40%                                    \n Fiscal YTD Cumulative Distribution Rate ((5))                               3.19%                                     \n (2)                               Average Annual Total Return on NAV is the annual compound return for the            \n                                   five-year period. It reflects the change in the Fund’s NAV and reinvestment         \n                                   of all distributions.                                                               \n (3)                               Annualized Current Distribution Rate is the current distribution rate               \n                                   annualized as a percentage of the Fund's NAV at month end.                          \n (4)                               Fiscal YTD Cumulative Total Return on NAV is the percentage change in the           \n                                   Fund's NAV from the first day of the fiscal year to this month end, including       \n                                   distributions paid and assuming reinvestment of those distributions.                \n (5)                               Fiscal YTD Cumulative Distribution Rate is the dollar value of distributions        \n                                   from the first day of the fiscal year to this month end as a percentage of the      \n                                   Fund's NAV at month end.                                                            \n\n\nThe amounts and sources of distributions reported in this notice are estimates\nonly and are not being provided for tax reporting purposes. The actual amounts\nand sources of the distributions for tax purposes will depend on the Fund’s\ninvestment experience during the remainder of its fiscal year and may be\nsubject to changes based on tax regulations. The Fund or your broker will send\nyou a Form 1099-DIV for the calendar year that will tell you what\ndistributions to report for federal income tax purposes.\n\nAbout the Fund\n\nVirtus Total Return Fund Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Fproducts%2Fvirtus-total-return-fund&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Virtus+Total+Return+Fund+Inc.&index=2&md5=b3404c0ce151c0c8bd685c6eac94de03)\nis a diversified closed-end fund whose investment objective is capital\nappreciation, with income as a secondary objective. Virtus Investment\nAdvisers, LLC, a registered investment adviser and an affiliate of Virtus\nInvestment Partners, Inc., is the investment adviser and Duff & Phelps\nInvestment Management Co.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Finvestment-partners%2Fduff-and-phelps-investment-management-co&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Duff+%26amp%3B+Phelps+Investment+Management+Co.&index=3&md5=346b3b6251ecf5c85b1bb7fd13691c75)\nand Newfleet Asset Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Finvestment-partners%2Fnewfleet-asset-management-llc&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Newfleet+Asset+Management&index=4&md5=1962d2830064ef26a41a0959b097e18f)\nare the subadvisers to the Fund.\n\nFor more information on the Fund, contact shareholder services at (866)\n270-7788, by email at closedendfunds@virtus.com\n(mailto:closedendfunds@virtus.com) , or through the Closed-End Funds\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Four-products%2Findividual-investors%2Fclosed-end-funds%23%2Fshare_class_id.16%2Ftype.daily%2Frelation.nav&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Closed-End+Funds&index=5&md5=0fef9a51ae92cc48ba3402b24a8884b0)\nsection of virtus.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.virtus.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=virtus.com&index=6&md5=b8a197c09ec771a30ed44555c8f5dc3c)\n.\n\nFund Risks\n\nAn investment in a fund is subject to risk, including the risk of possible\nloss of principal. A fund’s shares may be worth less upon their sale than\nwhat an investor paid for them. Shares of closed-end funds may trade at a\npremium or discount to their NAV. For more information about the Fund’s\ninvestment objective and risks, please see the Fund’s annual report. A copy\nof the Fund’s most recent annual report can be accessed through the\nClosed-End Funds\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Four-products%2Findividual-investors%2Fclosed-end-funds%23%2Fasset_sub_class.null%2Fshare_class_id.16%2Ftype.daily%2Frelation.nav&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Closed-End+Funds&index=7&md5=2aa169a04dc1597bbba4118d37e5770a)\nsection of virtus.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2F%23product.all%2Fclass.all&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=virtus.com&index=8&md5=eea916066c9d90b9ddf29758f868549f)\nand may be obtained free of charge by contacting “Shareholder Services” as\nset forth at the bottom of this press release.\n\nAbout Duff & Phelps Investment Management Co.\n\nDuff & Phelps Investment Management Co.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dpimc.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Duff+%26amp%3B+Phelps+Investment+Management+Co.&index=9&md5=5b33e9849eaea9c692285340ac193ef5)\npursues investment strategies with exceptional depth of resources and\nexpertise. With more than 35 years of experience managing investment\nportfolios, Duff & Phelps has earned a reputation as a leader in investing\nin global listed infrastructure, global listed real estate, clean energy, and\ndiversified real assets in institutional separate accounts and open- and\nclosed-end funds. For more information, visit dpimc.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.dpimc.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=dpimc.com&index=10&md5=26b9fae20ba6be5100fc626e91b7c7d7)\n.\n\nAbout Newfleet Asset Management\n\nNewfleet Asset Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.newfleet.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Newfleet+Asset+Management&index=11&md5=77f51d110e46bbbd5c98b67b25b3a167)\nprovides comprehensive fixed income portfolio management in multiple\nstrategies. The Newfleet Multi-Sector Strategies team that manages the Virtus\nTotal Return Fund Inc. employs active sector rotation and disciplined risk\nmanagement in portfolio construction, avoiding interest rate bets, and\nremaining duration neutral to each strategy’s stated benchmark. Newfleet\nAsset Management is a division of Virtus Fixed Income Advisers, LLC, which is\na registered investment adviser affiliated with Virtus Investment Partners.\nFor more information, visit newfleet.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.newfleet.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=newfleet.com&index=12&md5=6f7c1be4ab8be14d77dfbcea9f0e4845)\n.\n\nAbout Virtus Investment Partners, Inc.\n\nVirtus Investment Partners\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.virtus.com%2Fir-home%2Fdefault.aspx&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Virtus+Investment+Partners&index=13&md5=60f08984ff9f8d6725efbb655df8d388)\n(NYSE: VRTS) is a distinctive partnership of boutique investment managers\nsingularly committed to the long-term success of individual and institutional\ninvestors. We provide investment products and services from our investment\nmanagers\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Four-story%2Finvestment-partners%23product.all%2Fclass.all&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=investment+managers&index=14&md5=319325ac164f81002e01c7f0dca9c443)\n, each with a distinct investment style and autonomous investment process, as\nwell as select subadvisers. Investment solutions are available across multiple\ndisciplines and product types to meet a wide array of investor needs.\nAdditional information about our firm, investment partners, and strategies is\navailable at virtus.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2F%23product.all%2Fclass.all&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=virtus.com&index=15&md5=638a50c3c9d3122c49e340580d70ce5f)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260527245801/en/\n(https://www.businesswire.com/news/home/20260527245801/en/)\n\nFor Further Information: \n\nShareholder Services\n\n(866) 270-7788\n\nclosedendfunds@virtus.com (mailto:closedendfunds@virtus.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw2mFmHSa","title":"Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice","author":"Business Wire","ticker":"ZTR","created":"2026-05-27T20:20:00.102Z","tickers":["ZTR"],"exchange":"NYSE","article_body":"Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section\n19(a) Notice\n\nVirtus Total Return Fund Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Fproducts%2Fvirtus-total-return-fund&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Virtus+Total+Return+Fund+Inc.&index=1&md5=32b6023bf55dbdbc80e8ae1c8afb3f35)\n(NYSE: ZTR) previously announced the following monthly distribution on March\n4, 2026:\n Ticker  Amount of Distribution  Ex-Date/Record Date  Payable Date  \n ZTR     $0.05                   May 11, 2026         May 28, 2026  \n\n\nUnder the terms of its Managed Distribution Plan, the Fund will seek to\nmaintain a consistent distribution level that may be paid, in part or in full,\nfrom net investment income and realized capital gains, or a combination\nthereof. Shareholders should note, however, that if the Fund's aggregate net\ninvestment income and net realized capital gains are less than the amount of\nthe distribution level, the difference will be distributed from the Fund's\nassets and will constitute a return of the shareholder's capital. You should\nnot draw any conclusions about the Fund’s investment performance from the\namount of this distribution or from the terms of the Fund’s Managed\nDistribution Plan.\n\nThe Fund provided this estimate of the sources of the distributions:\n Distribution Estimates                       May 2026 (MTD)               Fiscal Year-to-Date (YTD)( (1))          \n                                              Per Share     Percentage     Per Share                 Percentage     \n \n                                            \nAmount       \nof Current    \nAmount                   \nof Current    \n \n                                                          \nDistribution                            \nDistribution  \n \n                                                                                                                  \n \n(Sources)                                                                                                         \n Net Investment Income                        $      0.016  32.0%          $            0.095        31.7%          \n Net Realized Short-Term Capital Gains               0.011  22.0%                       0.096        31.9%          \n Net Realized Long-Term Capital Gains                0.023  46.0%                       0.109        36.4%          \n Return of Capital (or other Capital Source)         0.000  0.0%                        0.000        0.0%           \n Total Distribution                           $      0.050  100.0%         $            0.300        100.0%         \n\n ((1))    Fiscal year started December 1, 2025.  \n\n\nInformation regarding the Fund’s performance and distribution rates is set\nforth below. Please note that all performance figures are based on the\nFund’s net asset value (NAV) and not the market price of the Fund’s\nshares. Performance figures are not meant to represent individual shareholder\nperformance.\n April 30, 2026                                                                                                        \n Average Annual Total Return on NAV for the 5-year period ((2))              8.36%                                     \n Annualized Current Distribution Rate ((3))                                  7.66%                                     \n Fiscal YTD Cumulative Total Return on NAV ((4))                             12.40%                                    \n Fiscal YTD Cumulative Distribution Rate ((5))                               3.19%                                     \n (2)                               Average Annual Total Return on NAV is the annual compound return for the            \n                                   five-year period. It reflects the change in the Fund’s NAV and reinvestment         \n                                   of all distributions.                                                               \n (3)                               Annualized Current Distribution Rate is the current distribution rate               \n                                   annualized as a percentage of the Fund's NAV at month end.                          \n (4)                               Fiscal YTD Cumulative Total Return on NAV is the percentage change in the           \n                                   Fund's NAV from the first day of the fiscal year to this month end, including       \n                                   distributions paid and assuming reinvestment of those distributions.                \n (5)                               Fiscal YTD Cumulative Distribution Rate is the dollar value of distributions        \n                                   from the first day of the fiscal year to this month end as a percentage of the      \n                                   Fund's NAV at month end.                                                            \n\n\nThe amounts and sources of distributions reported in this notice are estimates\nonly and are not being provided for tax reporting purposes. The actual amounts\nand sources of the distributions for tax purposes will depend on the Fund’s\ninvestment experience during the remainder of its fiscal year and may be\nsubject to changes based on tax regulations. The Fund or your broker will send\nyou a Form 1099-DIV for the calendar year that will tell you what\ndistributions to report for federal income tax purposes.\n\nAbout the Fund\n\nVirtus Total Return Fund Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Fproducts%2Fvirtus-total-return-fund&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Virtus+Total+Return+Fund+Inc.&index=2&md5=b3404c0ce151c0c8bd685c6eac94de03)\nis a diversified closed-end fund whose investment objective is capital\nappreciation, with income as a secondary objective. Virtus Investment\nAdvisers, LLC, a registered investment adviser and an affiliate of Virtus\nInvestment Partners, Inc., is the investment adviser and Duff & Phelps\nInvestment Management Co.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Finvestment-partners%2Fduff-and-phelps-investment-management-co&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Duff+%26amp%3B+Phelps+Investment+Management+Co.&index=3&md5=346b3b6251ecf5c85b1bb7fd13691c75)\nand Newfleet Asset Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Finvestment-partners%2Fnewfleet-asset-management-llc&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Newfleet+Asset+Management&index=4&md5=1962d2830064ef26a41a0959b097e18f)\nare the subadvisers to the Fund.\n\nFor more information on the Fund, contact shareholder services at (866)\n270-7788, by email at closedendfunds@virtus.com\n(mailto:closedendfunds@virtus.com) , or through the Closed-End Funds\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Four-products%2Findividual-investors%2Fclosed-end-funds%23%2Fshare_class_id.16%2Ftype.daily%2Frelation.nav&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Closed-End+Funds&index=5&md5=0fef9a51ae92cc48ba3402b24a8884b0)\nsection of virtus.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.virtus.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=virtus.com&index=6&md5=b8a197c09ec771a30ed44555c8f5dc3c)\n.\n\nFund Risks\n\nAn investment in a fund is subject to risk, including the risk of possible\nloss of principal. A fund’s shares may be worth less upon their sale than\nwhat an investor paid for them. Shares of closed-end funds may trade at a\npremium or discount to their NAV. For more information about the Fund’s\ninvestment objective and risks, please see the Fund’s annual report. A copy\nof the Fund’s most recent annual report can be accessed through the\nClosed-End Funds\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Four-products%2Findividual-investors%2Fclosed-end-funds%23%2Fasset_sub_class.null%2Fshare_class_id.16%2Ftype.daily%2Frelation.nav&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Closed-End+Funds&index=7&md5=2aa169a04dc1597bbba4118d37e5770a)\nsection of virtus.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2F%23product.all%2Fclass.all&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=virtus.com&index=8&md5=eea916066c9d90b9ddf29758f868549f)\nand may be obtained free of charge by contacting “Shareholder Services” as\nset forth at the bottom of this press release.\n\nAbout Duff & Phelps Investment Management Co.\n\nDuff & Phelps Investment Management Co.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dpimc.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Duff+%26amp%3B+Phelps+Investment+Management+Co.&index=9&md5=5b33e9849eaea9c692285340ac193ef5)\npursues investment strategies with exceptional depth of resources and\nexpertise. With more than 35 years of experience managing investment\nportfolios, Duff & Phelps has earned a reputation as a leader in investing\nin global listed infrastructure, global listed real estate, clean energy, and\ndiversified real assets in institutional separate accounts and open- and\nclosed-end funds. For more information, visit dpimc.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.dpimc.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=dpimc.com&index=10&md5=26b9fae20ba6be5100fc626e91b7c7d7)\n.\n\nAbout Newfleet Asset Management\n\nNewfleet Asset Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.newfleet.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Newfleet+Asset+Management&index=11&md5=77f51d110e46bbbd5c98b67b25b3a167)\nprovides comprehensive fixed income portfolio management in multiple\nstrategies. The Newfleet Multi-Sector Strategies team that manages the Virtus\nTotal Return Fund Inc. employs active sector rotation and disciplined risk\nmanagement in portfolio construction, avoiding interest rate bets, and\nremaining duration neutral to each strategy’s stated benchmark. Newfleet\nAsset Management is a division of Virtus Fixed Income Advisers, LLC, which is\na registered investment adviser affiliated with Virtus Investment Partners.\nFor more information, visit newfleet.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.newfleet.com%2F&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=newfleet.com&index=12&md5=6f7c1be4ab8be14d77dfbcea9f0e4845)\n.\n\nAbout Virtus Investment Partners, Inc.\n\nVirtus Investment Partners\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.virtus.com%2Fir-home%2Fdefault.aspx&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=Virtus+Investment+Partners&index=13&md5=60f08984ff9f8d6725efbb655df8d388)\n(NYSE: VRTS) is a distinctive partnership of boutique investment managers\nsingularly committed to the long-term success of individual and institutional\ninvestors. We provide investment products and services from our investment\nmanagers\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2Four-story%2Finvestment-partners%23product.all%2Fclass.all&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=investment+managers&index=14&md5=319325ac164f81002e01c7f0dca9c443)\n, each with a distinct investment style and autonomous investment process, as\nwell as select subadvisers. Investment solutions are available across multiple\ndisciplines and product types to meet a wide array of investor needs.\nAdditional information about our firm, investment partners, and strategies is\navailable at virtus.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.virtus.com%2F%23product.all%2Fclass.all&esheet=54542743&newsitemid=20260527245801&lan=en-US&anchor=virtus.com&index=15&md5=638a50c3c9d3122c49e340580d70ce5f)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260527245801/en/\n(https://www.businesswire.com/news/home/20260527245801/en/)\n\nFor Further Information: \n\nShareholder Services\n\n(866) 270-7788\n\nclosedendfunds@virtus.com (mailto:closedendfunds@virtus.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-27T20:20:00.147266699Z","server_sent_at_ms":1779913200147},"received_at":"2026-05-27T20:20:00.203Z","source_url":"https://www.businesswire.com/news/home/20260527245801/en/"},"analysis":{"id":"36524","press_release_id":"47090","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"dividend","narrative":"Virtus Total Return Fund Inc. disclosed the sources of its $0.05 per share May 2026 distribution under Section 19(a) of the Investment Company Act.\n\nThe distribution is fully covered by net investment income (32%) and realized capital gains (68%), with no return of capital.\n\nThe fund reports a 7.66% annualized distribution rate and a 12.40% fiscal YTD cumulative total return on NAV.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine CEF distribution disclosure; no material change in strategy or coverage."},"keyFigures":{"customDimensions":{"distribution_per_share":0.05,"annualized_distribution_rate":"7.66%","ytd_cumulative_total_return_nav":"12.40%","ytd_cumulative_distribution_rate":"3.19%","five_year_annual_total_return_nav":"8.36%"}},"quotedText":"You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.","namedEntities":{"people":[],"products":[],"companies":[{"name":"Virtus Total Return Fund Inc.","ticker":"ZTR","relationship":"filer"},{"name":"Virtus Investment Partners, Inc.","ticker":"VRTS","relationship":"parent/affiliate"},{"name":"Virtus Investment Advisers, LLC","relationship":"investment adviser"},{"name":"Duff & Phelps Investment Management Co.","relationship":"subadviser"},{"name":"Newfleet Asset Management","relationship":"subadviser"}],"dollarAmounts":[{"amount":"$0.05","context":"May 2026 monthly distribution per share"},{"amount":"$0.016","context":"Net Investment Income portion of May distribution"},{"amount":"$0.011","context":"Net Realized Short-Term Capital Gains portion of May distribution"},{"amount":"$0.023","context":"Net Realized Long-Term Capital Gains portion of May distribution"},{"amount":"$0.300","context":"Fiscal YTD total distribution per share"}]},"materialImpact":{"score":1,"reasoning":"Routine Section 19(a) disclosure of distribution sources for a closed-end fund. 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