Virtus Total Return Fund Acquires 10% of Shares for $6.9874 Each
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
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Source: Businesswire
- Share Buyback Completed: Virtus Total Return Fund successfully repurchased 5,554,844 shares, representing 10% of its outstanding shares, indicating the company's confidence in its value while enhancing earnings per share.
- Investor Response Strong: A total of 14,916,518 shares were properly tendered, reflecting strong support from investors for the buyback plan, with approximately 37.25% of shares accepted on a prorated basis, enhancing shareholder engagement.
- Buyback Price Set: The purchase price for accepted shares is $6.9874 each, approximately 98% of the fund's net asset value, a pricing strategy aimed at attracting more shareholder participation while maintaining market stability for the fund.
- Fund Background Overview: Virtus Total Return Fund is a diversified closed-end fund focused on capital appreciation, with income as a secondary objective, demonstrating its robust positioning and investment strategy in the market.
Analyst Views on ZTR
Wall Street analysts forecast ZTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZTR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About ZTR
Virtus Total Return Fund Inc. (the Fund) is a closed-end, diversified management investment company. The Fund's investment objective is capital appreciation, with current income as a secondary objective. The Fund invests approximately 60% of its total assets in equity securities, managed by Duff & Phelps Investment Management Co. The Fund invests 40% in fixed income, managed by Newfleet Asset Management, LLC. Its products include mutual funds, retail separate accounts, closed-end funds, variable insurance funds, exchange-traded funds (ETFs), undertakings for the collective investment in transferable securities (UCITS) and CollegeAccess 529. The Fund invests in consumer discretionary, financials, healthcare, industrials, consumer staples, telecommunication services, energy, information technology, materials and utility sectors. The Fund's investment adviser is Virtus Investment Advisers, Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
