CORRECTING and REPLACING The Zweig Total Return Fund, Inc. Declares Distribution.Business Editors CORRECTION...by The Zweig Total Return Fund, Inc. NEW YORK--(BUSINESS WIRE)--Oct. 1, 2003 In BW5602 issued Oct. 1, 2003: First graph, first sentence should read: (Ex Date: October 08, 2003) sted ((Ex Date: October 09, 2003)). The corrected release reads: THE ZWEIG TOTAL RETURN FUND, INC. DECLARES DISTRIBUTION The Zweig Total Return Fund, Inc. (NYSE NYSE See: New York Stock Exchange , PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. : ZTR ZTR zero turning radius (riding lawn mowers) ZTR Zero Turn Radius (lawnmower feature; trademark of Husqvarna Professional Outdoor Products Inc.) ZTR Zweig Total Return Fund Inc. ), today announced its monthly distribution to shareholders, payable on October 27, 2003 to shareholders of record October 13, 2003. (Ex Date: October 08, 2003). The October distribution was calculated at 0.51% of the fund's net asset value (6.10% on an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis) and equivalent to $0.029 per share. The October distribution reflects an adjustment to the fund's distribution policy. As announced on July 28, 2003 and initiated with the August distribution, the fund's annual 10% fixed distribution policy is being gradually phased down through the end of the year. Beginning in January 2004, the fund's distributions will be based on net investment income earnings. The Zweig Total Return Fund, Inc. is a closed-end fund with an objective to seek the highest total return, consisting of capital appreciation and current income, consistent with the preservation of capital Preservation of Capital An investment strategy whose primary goal is to prevent the loss of an investment's total value. Notes: For investors using the capital preservation strategy to achieve their goal, they must ensure their portfolio is producing a return that is at . |
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