2024-12-03 05:55:04 ET
Summary
- The Virtus Total Return Fund offers a 9.63% yield, appealing to income-focused investors despite not having the highest yield among peers.
- ZTR's balanced strategy involves investing in global infrastructure equities and fixed income, with a current 75/25 equity-to-bond allocation.
- The fund's recent performance, including distributions, yielded a total return of 12.46%, closely trailing equity indices and outperforming bonds.
- ZTR continues to be mostly weighted toward utilities, which are positioned for growth as electric demand rises.
- Trading at an 11.29% discount to NAV, the fund is attractively priced compared to its historical and peer averages.
The Virtus Total Return Fund ( ZTR ) is a closed-end fund that income-seeking investors may wish to purchase as a method of achieving their goals. The fund certainly manages to do quite well here, as it boasts a 9.63% yield at the current share price. This is significantly higher than most domestic and global market indices, as we can see here:
Index/ETF | TTM Yield |
S&P 500 Index ( SPY ) | 1.16% |
MSCI World Index ( URTH ) | 1.41% |
Bloomberg U.S. Aggregate Bond Index ( AGG ) | 3.59% |
Bloomberg High Yield Very Liquid Index ( JNK ) | 6.50% |
Vanguard Total World Bond ETF ( BNDW ) | 2.68% |
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For further details see:
ZTR: Play The Forward Growth Of Utilities With This High-Yielding CEF