Printer Friendly

THE ZWEIG TOTAL RETURN FUND, INC. ANNOUNCES DISTRIBUTION

 NEW YORK, Jan. 3 /PRNewswire/ -- The Zweig Total Return Fund, Inc. (NYSE: ZTR) announced today that its last monthly distribution for 1993 will be $0.08 per share. The stock will trade ex-dividend on Jan. 5, 1994.
 This is in accordance with the Fund's Dec. 13, 1993 press release which stated that it would distribute the greater of 0.83% of its net asset value on Dec. 31, 1993, or all available net investment income and net short and long term gains, in order to continue its qualification as a Regulated Investment Company. This distribution is payable on Jan. 10, 1994 to shareholders of record on Dec. 31, 1993.
 The Zweig Total Return Fund is a closed-end fund with an investment objective to seek the highest total return, consisting of capital appreciation and current income, consistent with the preservation of capital.
 -0- 1/3/94
 /CONTACT: Jeff Lazar of The Zweig Total Return Fund, 212-755-9860; or Marissa Moretti or Jennifer Wolfertz of Dewe Rogerson, 212-688-6840/
 (ZTR)


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

GK-MP -- NY013 -- 8428 01/03/94 10:05 EST
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 3, 1994
Words:189
Previous Article:AMERICAN STOCK EXCHANGE DAILY REPORT
Next Article:THE GREEN POINT SAVINGS BANK CORRECTS INACCURATE STATEMENTS
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters