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THE ZWEIG TOTAL RETURN FUND, INC. DECLARES MONTHLY DISTRIBUTION

 NEW YORK, June 1 /PRNewswire/ -- The Zweig Total Return Fund, Inc. (NYSE, PSE: ZTR), a closed-end investment company that began operations in September 1988, today announced its monthly distribution to shareholders. The distribution, of 8 cents per share, will be paid on June 24, 1993 to shareholders of record on June 11, 1993 (ex-date June 7, 1993).
 This distribution is in keeping with the policy to make minimum monthly distributions of 0.83 percent of the fund's new asset value (10 percent on an annualized basis), offering its shareholders a stable cash flow. The amount of the distribution depends on the exact net asset value at the time of declaration. For the May distribution, 0.83 percent of the fund's net asset value was equivalent to 8 cents per share.
 The Zweig Total Return Fund's investment objective is to seek the highest total return, consisting of capital appreciation and current income, consistent with the preservation of capital.
 -0- 6/1/93
 /CONTACT: Jeff Lazar of the Zweig Total Return Fund, Inc., 212-755-9860; or Marissa Moretti or Jennifer Wolfertz of Dewe Rogerson Inc., 212-688-6840, for The Zweig Total Return Fund, Inc./
 (ZTR)


CO: The Zweig Total Return Fund, Inc. ST: New York IN: FIN SU:

SM -- NY023 -- 3847 06/01/93 10:09 EDT
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Publication:PR Newswire
Date:Jun 1, 1993
Words:213
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