ZTR News and Press, Virtus Global Dividend & Income Fund Inc. From 01/20/23

Summary Bonds are back, offering the highest yields in over a decade. With an emphasis on a fixed income, my portfolio is positioned for weaker growth but stronger markets in 2023. Using an income-compounding approach, I can continue to grow my future income stream for retirement by...

Summary ZTR has hit a discount level that appears to be quite attractive relative to its historical level. Helping push it there was the fund's rights offering and an overall weaker market in 2022. The distribution yield is quite high, but I believe it appears unsustainable. If ...

Virtus Total Return Fund Inc. Announces Distributions PR Newswire HARTFORD, Conn. , Nov. 17, 2022 /PRNewswire/ -- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions: Under the terms of its Managed Dis...

Summary 12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results. NCZ resumes distributions, NCV holders should switch. Author's note: This article was released to CEF/ETF Income Laboratory members ...

Summary ERH takes a fairly unique approach to invest in both utility equities and high-yield bonds. While this is a fairly odd combination, it isn't the only fund to focus on this type of allocation. Despite being odd, for an income investor, it can actually make sense. ...

Summary 16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises. A reminder that the Tortoise tender offers are expiring. Author's note: This article was released to CEF/ETF...

Summary 0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares. Author's note: This article was released to CEF/ETF Income Laboratory members on October 18th, 2022. Plea...

Summary For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the...

Summary 2 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Tortoise tender offers are live. RIV rights offering. NCZ postpones its distribution. Author’s note: This article was released to CEF/ETF Income Lab...

Summary ZTR rights offering has concluded. As expected, the distribution was dilutive to NAV/share. Distribution safety is weakened by the offering, although the current bear market is more important. For further details see: ZTR Rights Offering Resul...