Daily Price (as of 6/24/2016)
|NAV Per Share:||13.10|
|Closing Market Price:||11.83|
Key Stats (as of 6/24/2016)
|Total Managed Assets:||$428,240,153|
Important Tax Information
SEC 19A Notices
- Results of Joint Annual Meeting of Shareholders (6/13/2016)
- Zweig Total Return Fund Announces Final Results of Tender Offer (6/3/2016)
- Zweig Total Return Fund Announces Preliminary Results of Tender Offer (5/27/2016)
- Zweig Total Return Fund Inc Tender Offer to Purchase (4/29/2016)
- Zweig Fund And Zweig Total Return Fund Announce Commencement of Tender Offers (4/29/2016)
- Proxy Statement (4/28/2016)
- Zweig Fund And Zweig Total Return Fund Announce Tender Offer Programs (4/5/2016)
- Zweig Fund and Zweig Total Return Fund Announce Increases to Distribution Rates (4/1/2016)
- Restates Net Asset Value for December 29, 2015 (12/30/2015)
- Zweig Fund and Zweig Total Return Fund Extend Share Repurchase Programs (2/10/2014)
- Zweig Funds Announce 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. The fund pursues an options income strategy whereby it purchases and sells out-of-the money puts and calls, creating an options spread.
Performance (as of 5/31/2016)
|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 returns reflect the performance of the manager. Market price is the price at which investors may purchase or sell shares of the Fund. 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. This characteristic is a risk separate and distinct from the risk that the Fund’s net asset value could decline. The Fund has no control over the market price. 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.
The amounts and sources of distributions reported in Section 19(a) Notices 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 the fiscal year and may be subject to changes based on tax regulations. Please note that the characterization of Fund distributions for federal income tax purposes is different from book accounting generally accepted account principles (“GAAP”). The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
You should not necessarily draw any conclusions about the Fund’s investment performance from the amount of this distribution. 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.
Equity Securities: The market price of equity securities may be adversely 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.
Credit & Interest: Debt securities are subject to various risks, the most prominent of which are credit and interest rate risk. The issuer of a debt security may fail to make interest and/or principal payments. Values of debt securities may rise or fall in response to changes in interest rates, and this risk may be enhanced with longer-term maturities.
Leverage: When a fund leverages its portfolio, the value of its shares may be more volatile and all other risks may be compounded.
Short Sales: The fund may engage in short sales, and may experience a loss if the price of a borrowed security increases before the date on which the fund replaces the security.
U.S. Government Securities: 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.
Market Price/NAV: At the time of purchase and/or sale, an investor's shares may have a market price that is above or below the fund's NAV, which may increase the investor's risk of loss.
Call/Put Spreads: Buying and selling call and put option spreads on the SPX Index risks the loss of the premium when buying, can limit upside participation and increase downside losses.