VIRTUS GLOBAL DIVIDEND & INCOME FUND INC. 
By NEW YORK, Jan. 2, 2014 /PRNewswire/ -- The Zweig Total Return Fund, Inc. (NYSE: ZTR) today announced a monthly distribution of $0.090 per share, payable on January 9, 2014, to shareholders of record on December 31, 2013 (ex-date January 3, 2014).
The Fund has a Managed Distribution Plan ("Plan") to pay 7% of the Fund's net asset value on an annualized basis, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended. Distributions may represent earnings from net investment income, capital gains, or if necessary, return of capital. 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 Plan.
The following chart discloses information on the sources of the distribution:
Distribution Estimates December 2013 (MTD) Year-to-date (YTD)
(1)
---------------------- ------------------ -------------------
Per Share Percentage Per Share Percentage
Amount of Current Amount of Current
Distribution Distribution
(Sources)
--------
Net Investment Income $0.007 8.0% $0.296 28.7%
--------------------- ------ --- ------ ----
Net Realized Foreign Currency Gains - 0.0% - 0.0%
----------------------------------- --- --- --- ---
Net Realized Short-Term Capital Gains 0.083 92.0% 0.104 10.1%
------------------------------------- ----- ---- ----- ----
Net Realized Long-Term Capital Gains - 0.0% 0.629 61.2%
------------------------------------ --- --- ----- ----
Return of Capital (or other Capital Source) - 0.0% - 0.0%
------------------------------------------ --- --- --- ---
Total Distribution $0.090 100.0% $1.029 100.0%
------------------ ------ ----- ------ -----
(1) YTD February 1, 2013 to January 9, 2014. (The distribution paid on January 9, 2013 was reportable for tax on Form 1099 in 2012)
Under the terms of the Fund's managed distribution policy, the Fund seeks 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. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. A return of capital is not taxable; rather it reduces a shareholder's tax basis in his or her shares of the Fund.
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Information regarding the Fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund's NAV and not the market price of the Fund's shares. Performance figures are not meant to represent individual shareholder performance.
December 31, 2013
-----------------
Average Annual Total
Return on NAV for the
5-year period ended
this month (2) 10.55%
---------------------- -----
Current Fiscal YTD
Annualized Distribution
Rate (3) 6.61%
------------------------ ----
YTD Cumulative Total
Return on NAV (4) 18.58%
-------------------- -----
YTD Cumulative
Distribution Rate (5) 6.61%
---------------------- ----
(2) Average Annual Total
Return on NAV is the
annual compound return
for the five-year
period. It reflects the
change in the Fund's NAV
and reinvestment of all
distributions.
(3) Current Fiscal YTD
Annualized Distribution
Rate is the cumulative
distribution rate
annualized as a
percentage of the Fund's
NAV at month end.
(4) YTD Cumulative Total
Return on NAV is the
percentage change in the
Fund's NAV from the first
day of the year to this
month end, including
distributions paid and
assuming reinvestment of
those distributions.
(5) YTD Cumulative
Distribution Rate is the
dollar value of
distributions from the
first day of the year to
this month end as a
percentage of the Fund's
NAV at month end.
Section 19(a) notices are posted on the Fund's website at:
ZTR 19A Notices
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 zweig@virtus.com, or visit us on the web at www.virtus.com.
SOURCE The Zweig Total Return Fund, Inc.
