The Zweig Fund, Inc. (NYSE:ZF) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.04 and last traded at $9.17, with a volume of 2971 shares. The stock had previously closed at $9.27.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 9th. Investors of record on Monday, December 31st will be paid a $0.361 dividend. The ex-dividend date of this dividend is Friday, January 4th. This represents a $1.44 annualized dividend and a yield of 15.68%.
About The Zweig Fund (NYSE:ZF)
Virtus Total Return Fund Inc is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Newfleet Asset Management LLC, and Duff & Phelps Investment Management Co It invests in the public equity and fixed income markets across the globe.
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