ZTR - ZTR: Discount Makes This An Interesting Fund With A Potentially Brighter Future
2024-01-26 12:06:21 ET
Summary
- Virtus Total Return Fund Inc. continues to trade at a more tempting discount since its distribution cut in 2023.
- The ZTR closed-end fund's performance has been weak, but given its discount and portfolio positioning, the future could potentially be brighter.
- ZTR's portfolio is balanced between utilities and fixed-income instruments, being interest-rate-sensitive areas certainly was the place to be in the last couple of years.
Written by Nick Ackerman, co-produced by Stanford Chemist.
It's been a while since we've revisited Virtus Total Return Fund Inc. ( ZTR ) in a full dedicated update. However, what looked likely to happen has happened; that was the distribution cut ....
ZTR: Discount Makes This An Interesting Fund With A Potentially Brighter Future