Virtus Total Return Fund Inc.

Virtus Total Return Fund Inc. (NYSE: ZTR) is a diversified closed-end management investment company founded in 1988 and listed on the New York Stock Exchange, with total net assets of approximately $379 million. The fund's primary investment objective is capital appreciation, with current income as a secondary objective, pursued through a balanced allocation of approximately 60% equity and 40% fixed income securities. The equity portion focuses on global owners and operators of infrastructure across the communications, utility, transportation, and energy industries, while the fixed income portion targets high current income and total return through active sector rotation, credit research, and disciplined risk management. The fund is advised by Virtus Investment Advisers, LLC and sub-advised by Duff & Phelps Investment Management Co. and Newfleet Asset Management, and benchmarks its performance against a composite index of 60% FTSE Developed Core Infrastructure 50/50 Index and 40% Bloomberg U.S. Aggregate Bond Index.