Daily Price (as of 3/26/2015)
|NAV Per Share:||15.21|
|Closing Market Price:||13.61|
Key Stats (as of 3/26/2015)
Important Tax Information
SEC 19A Notices
- Results of Joint Annual Meeting of Shareholders (5/14/2014)
- Proxy Statement (4/8/2014)
- Zweig Fund and Zweig Total Return Fund Extend Share Repurchase Programs (2/10/2014)
- Comments on the Passing of Marty Zweig (2/19/2013)
- Zweig Fund and Zweig Total Return Fund Expand Stock Repurchase Programs (9/19/2012)
- Zweig Funds Annouce Reverse Stock Split (6/26/2012)
- Zweig Funds Announce Actions (3/13/2012)
Contact your financial representative for more information.
Email or call for service at
Active asset allocation is used to build a diversified balanced fund, with cash used for both tactical and defensive purposes. The portfolio managers employ a Growth at a Reasonable Price (GARP) approach to the equity portion of the portfolio, which is primarily invested domestic large capitalization companies, placing emphasis on the current income generated by the portfolio's equity securities. The fixed income portion of the portfolio is generally invested in U.S. government securities and investment grade corporate bonds; however, the fund may also invest a portion of its assets in high yield bonds and foreign issuers.
Performance (as of 2/27/2015)
|Net Asset Value (NAV)|
|YTD||One Year||Five Years||Ten Years||Since Inception|
|YTD||One Year||Five Years||Ten Years||Since Inception|
Net Asset Value vs. Market PriceNet Asset Value (NAV) represents the total value of all assets held by the Fund (minus its total liabilities), divided by the total number of common shares outstanding. The net asset value reflects the performance of the manager. Market price is the price at which investors may purchase or sell shares of the Fund on the New York Stock exchange. Market price is determined in the open market by buyers and sellers, based on supply and demand. The Fund’s Market Price fluctuates throughout the day and may differ from its underlying NAV. Shares of the Fund may trade at a premium (higher than) or a discount (lower than) to NAV. The fund has no control over the stock price on the New York Stock Exchange. The difference between the market price and the NAV (Premium/Discount) is expressed as a percentage of NAV.
Automatic Reinvestment PlanThis plan offers shareholders a convenient way to acquire additional shares of the fund. Registered holders will be automatically placed in the Plan. If shares are held at a brokerage firm, contact your broker about participation.
Fund Distributions and Managed Distribution PlanUnder the terms of the Fund's managed distribution policy, the Fund seeks to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. A return of capital is not taxable; rather it reduces a shareholder's tax basis in his or her shares of the Fund
Please note that the characterization of Fund distributions for federal income tax purposes is different from book accounting generally accepted accounting principles ("GAAP"). The amounts and sources of distributions reported in Section 19(a) notices of the 1940 Act are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. It is only after December 31 that we will know the exact source of our distributions. Shareholders should use only the Form 1099-DIV that will be mailed by January 31, to determine the taxability of our distributions.
The Board may amend, suspend or terminate the Managed Distribution Plan without prior notice to shareholders if it deems such action to be in the best interest of the Fund and its shareholders. Contact your financial representative for more information, or email or call Zweig for service at 1-800-272-2700.
This information does not represent an offer, or the solicitation of an offer, to buy or sell securities of the Fund.
Performance data quoted represents past results. Past performance is no guarantee of future results.
The market price of equity securities may be affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk.
U.S. government securities may be subject to price fluctuations. An agency may default on an obligation not backed by the United States. Any guarantee on U.S. government securities does not apply to the value of the fund's shares.
The Zweig Total Return Fund is a closed-end fund traded on the New York Exchange (Symbol ZTR). Shares must be purchased through a professional financial advisor.
Shares of closed-end investment companies such as the fund trade in the market above, at, and below net asset value. This characteristic is a risk separate and distinct from the risk that the fund's net asset value could decline. The fund is not able to predict whether its shares will trade above, below, or at net asset value in the future
There is no guarantee that the portfolio will meet its objective.