- PR Newswire•3 days agoThe Zweig Fund, Inc. Declares Distribution And Discloses Sources Of Distribution -- Section 19(a) Notice
Under the terms of its managed distribution plan, the fund will seek 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. You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.
- PR Newswire•18 days ago
HARTFORD, Conn., Sept. 7, 2016 /PRNewswire/ -- The Boards of Directors of the Virtus Total Return Fund (DCA), The Zweig Fund (ZF) and The Zweig Total Return Fund (ZTR) today announced proposed actions as a result of a comprehensive assessment of each fund and its competitive positioning in the current market environment. Subject to shareholder approval, DCA will reorganize and effect a merger with ZF by acquiring ZF's assets and assuming its liabilities in exchange for shares of DCA. The combined fund would retain DCA's name, its investment strategy, and Duff & Phelps Investment Management and Newfleet Asset Management as subadvisers.
- PR Newswire•last month
Each fund will purchase up to 5 percent of its outstanding shares at a price equal to 98 percent of each fund's net asset value (NAV) per share as of the close of regular trading on the New York Stock Exchange on the date the tender offers expire. If more than 5 percent of a fund's outstanding shares are tendered, the fund will purchase shares from tendering stockholders on a pro-rata basis.
Zweig Fund Inc. (ZF)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||12.75 x 500|
|Ask||12.77 x 200|
|Day's Range||12.75 - 12.85|
|52wk Range||11.00 - 13.78|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-8.00|
|Avg Vol (3m)||50,229|
|Dividend & Yield||N/A (N/A)|