1,134,735 Shares in Virtus Total Return Fund Inc. $ZTR Acquired by Saba Capital Management L.P.

Saba Capital Management L.P. bought a new position in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,134,735 shares of the investment management company’s stock, valued at approximately $7,512,000.

Several other large investors have also added to or reduced their stakes in ZTR. Readystate Asset Management LP boosted its position in shares of Virtus Total Return Fund by 8.0% in the fourth quarter. Readystate Asset Management LP now owns 28,873 shares of the investment management company’s stock worth $182,000 after purchasing an additional 2,136 shares during the period. MML Investors Services LLC raised its position in shares of Virtus Total Return Fund by 9.5% during the 4th quarter. MML Investors Services LLC now owns 25,323 shares of the investment management company’s stock valued at $160,000 after purchasing an additional 2,201 shares during the period. Ashton Thomas Securities LLC lifted its stake in shares of Virtus Total Return Fund by 3.7% during the 4th quarter. Ashton Thomas Securities LLC now owns 113,500 shares of the investment management company’s stock valued at $715,000 after buying an additional 4,000 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of Virtus Total Return Fund by 6.9% during the 4th quarter. Osaic Holdings Inc. now owns 71,428 shares of the investment management company’s stock valued at $450,000 after buying an additional 4,627 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in Virtus Total Return Fund by 11.1% in the 4th quarter. Royal Bank of Canada now owns 56,031 shares of the investment management company’s stock worth $353,000 after buying an additional 5,615 shares during the period. Hedge funds and other institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Trading Down 0.2%

Shares of ZTR stock opened at $6.79 on Tuesday. Virtus Total Return Fund Inc. has a 52-week low of $6.14 and a 52-week high of $7.11. The stock has a fifty day simple moving average of $6.76 and a two-hundred day simple moving average of $6.72.

Virtus Total Return Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Thursday, August 13th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%.

About Virtus Total Return Fund

Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.

To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).