Tax Center: Closed-End Funds

Tax Planning Resources from Virtus Closed-End Funds

Effective tax planning can help you manage your investment strategy. We provide information and tools to guide you through this process – and we give you access to current tax information.

This is not intended as tax advice. Make sure to consult a tax professional with any tax-related questions.

Virtus Closed-End Funds 2022 Tax Information

View the Mailing Schedule for a complete list of 2022 tax form mailing dates. Additional information will be posted as it becomes available.

1099-DIV tax forms for ZTR, VGI, and DPG were mailed on January 31, 2023.  All other Virtus Closed-End Funds filed an extension, those 1099-DIV tax forms have been mailed as of February 28, 2023.

1099-B tax forms for ZTR & DPG have been mailed as of February 17, 2023.

EDF & EDI 2022 Tax Information

VGI & ZTR 2022 U.S. Government Obligations & Tax Exempt Information

VGI & ZTR 2022 Tax Information  

AIO, CBH, NCV, NCZ, ACV, NFJ & NIE 2022 Tax Information  

Below are the available 2022 ICI Schedules for Virtus Closed-End Funds. Please select download:

  • 2022 Virtus Closed-End Funds ICI Primary Schedule (Non-Extended) Download
  • 2022 Virtus Closed-End Funds ICI Secondary Schedule (Non-Extended) Download
  • 2022 Virtus Closed-End Funds ICI Primary Schedule (Extended) Download
  • 2022 Virtus Closed-End Funds ICI Secondary Schedule (Extended) Download
  • 2022 Virtus Closed-End Funds ICI Primary Preferred Shares Schedule (Extended) Download

Here is a brief list of the types of forms we provide to our closed-end fund shareholders.

1099-DIV: Dividends and Capital Gains Distributions

Who receives it: Investors in non-retirement accounts who received dividends and/or capital gains distributions over $10, regardless of whether they were reinvested or paid in cash.

1099-B: Proceeds from a Sale

Who receives it: Investors who sold shares from their account.

Cost Basis: Reports gains and losses generated from a sale of shares. The IRS requires closed-end fund companies to provide cost basis information to both investors and the IRS on the sale of fund shares acquired on or after January 1, 2012 – called “covered” shares.

  • Cost Basis reporting will be required on shares purchased on or after 1/1/2012 (“covered” shares), including those purchased through the automatic reinvestment of dividends.
  • Cost Basis reporting is not required on shares purchased before 1/1/2012 (“non-covered” shares). Fund companies are not required to provide mandatory cost basis reporting for these shares. Although these shares are not covered, you will be required to report them when you prepare your federal tax return.

Electing a Cost Basis Method

First In, First Out Category is the default method used to determine the cost basis for any “covered” shares for Virtus Closed-End Funds. If you would like to use a different method than First In, First Out, you may change the fund’s default to another method before the first redemption or transfer by contacting shareholder servicing for instructions at 1-866-270-7788. 

We strongly encourage that you consult your tax professional if you have any questions about your cost basis reporting options.  Information can also be obtained by visiting the IRS website .