{"id":904614,"date":"2025-11-03T18:11:55","date_gmt":"2025-11-03T23:11:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/virtus-total-return-fund-inc-announces-commencement-of-tender-offer-2\/"},"modified":"2025-11-03T18:11:55","modified_gmt":"2025-11-03T23:11:55","slug":"virtus-total-return-fund-inc-announces-commencement-of-tender-offer-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/virtus-total-return-fund-inc-announces-commencement-of-tender-offer-2\/","title":{"rendered":"Virtus Total Return Fund Inc. Announces Commencement of Tender Offer"},"content":{"rendered":"

<\/p>\n

Virtus Total Return Fund Inc. Announces Commencement of Tender Offer<\/b><\/p>\n

HARTFORD, Conn.–(BUSINESS WIRE<\/a>)–Virtus Total Return Fund Inc.<\/a> (NYSE: ZTR) (the \u201cFund\u201d) today announced the commencement of a tender offer (\u201cTender Offer\u201d) that will begin on November 3, 2025, and expire at 5 p.m. (Eastern) on December 3, 2025 (the \u201cExpiration Date\u201d), which will also be the pricing date, unless the Tender Offer is extended. The Tender Offer was previously announced as a conditional tender offer subject to certain factors that have been determined to have been met.<\/p>\n

\nThe Fund intends to acquire up to 10% of its outstanding shares in exchange for cash at a price equal to 98% of the Fund\u2019s net asset value (net of expenses related to the Tender Offer) as of the close of regular trading on the Expiration Date. If more than 10% of the Fund\u2019s then outstanding shares are tendered, the Fund intends to purchase shares from all tendering shareholders on a pro rata basis, based on the number of shares tendered by each shareholder.<\/p>\n

\nThe Tender Offer is being made on the terms and subject to the conditions set forth in the Fund\u2019s Tender Offer statement and related Letter of Transmittal that have been filed with the Securities and Exchange Commission (\u201cSEC\u201d).<\/p>\n

About the Fund<\/b><\/p>\n

Virtus Total Return Fund Inc.<\/a> is a diversified closed-end fund whose investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC is the investment adviser and Duff & Phelps Investment Management Co.<\/a> and Newfleet Asset Management<\/a> are the subadvisers to the Fund. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com<\/a>, or through the Closed-End Funds<\/a> section of virtus.com<\/a>.<\/p>\n

Fund Risks<\/b><\/p>\n

\nAn investment in a fund is subject to risk, including the risk of possible loss of principal. A fund\u2019s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund\u2019s investment objective and risks, please see the Fund\u2019s annual report. A copy of the Fund\u2019s most recent annual report may be obtained free of charge by contacting \u201cShareholder Services\u201d as set forth at the bottom of this press release.<\/p>\n

The Tender Offer will only be made pursuant to a tender offer statement on Schedule TO containing an offer to purchase, a related letter of transmittal and other documents filed with the SEC as exhibits to the tender offer statement on Schedule TO (collectively, the \u201cTender Offer Materials\u201d), with all such documents made available on the SEC\u2019s website at sec.gov. The Fund will also make available to shareholders, without charge, the offer to purchase, the letter of transmittal, and other necessary documents related to the Tender Offer. Shareholders should read any Tender Offer Materials carefully and, in their entirety, when and if they become available, as well as any amendments or supplements thereto, as they would contain important information about the Tender Offer.<\/b><\/p>\n

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful under the securities laws of any such state.<\/b><\/p>\n

Investing involves risk and it is possible to lose money on any investment in the Fund.<\/b><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251103933082\/en\/<\/a><\/span><\/p>\n

\nShareholder Services
\n
(866) 270-7788
\n
closedendfunds@virtus.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Connecticut<\/p>\n

INDUSTRY KEYWORDS:<\/b> Asset Management Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Virtus Total Return Fund Inc. Announces Commencement of Tender Offer HARTFORD, Conn.–(BUSINESS WIRE)–Virtus Total Return Fund Inc. (NYSE: ZTR) (the \u201cFund\u201d) today announced the commencement of a tender offer (\u201cTender Offer\u201d) that will begin on November 3, 2025, and expire at 5 p.m. (Eastern) on December 3, 2025 (the \u201cExpiration Date\u201d), which will also be the pricing date, unless the Tender Offer is extended. The Tender Offer was previously announced as a conditional tender offer subject to certain factors that have been determined to have been met. The Fund intends to acquire up to 10% of its outstanding shares in exchange for cash at a price equal to 98% of the Fund\u2019s net asset value (net of expenses related to … <\/p>\n

Continue reading “Virtus Total Return Fund Inc. Announces Commencement of Tender Offer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-904614","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVirtus Total Return Fund Inc. Announces Commencement of Tender Offer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/virtus-total-return-fund-inc-announces-commencement-of-tender-offer-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virtus Total Return Fund Inc. 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