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THE ZWEIG TOTAL RETURN FUND, INC. DECLARES MONTHLY DISTRIBUTION

 NEW YORK, July 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 $0.08 per share will be paid on July 26, 1993 to shareholders of record on July 12, 1993 (ex-date July 6, 1993).
 This distribution is in keeping with our policy to make minimum monthly distributions of 0.83 percent of the fund's net asset value (10 percent on an annualized basis), offering our shareholders a stable cash flow. The amount of our distribution depends on the exact net asset value at the time of declaration. For the June distribution, 0.83 percent of the fund's net asset value was equivalent to $.08 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- 7/1/93
 /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/
 (ZTR)


CO: Zweig Total Return Fund, inc. ST: New York IN: FIN SU: DIV

SM-MP -- NY020 -- 7575 07/01/93 09:30 EDT
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Publication:PR Newswire
Date:Jul 1, 1993
Words:211
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