Fund Description: Virtus Total Return Fund, Inc., formerly Virtus Global Dividend & Income Fund Inc., formerly Zweig Total Return Fund, Inc., is an exchange-traded closed-end fund (CEF) or a closed-end ETF that is officially described as a diversified, closed-end management investment company. <p> INVESTMENT OBJECTIVE: The Virtus Total Return Fund, Inc. seeks capital appreciation, with current income as a secondary objective. <p> FUND STRATEGY: The Fund has a current target allocation of investing approximately 60% of its total assets in equity securities and 40% in fixed income. The Fund also pursues an options overlay strategy that seeks to generate additional income. The equity portion of the Fund invests globally in owners/operators of infrastructure in the communications, utility, energy, and transportation industries. The fixed income portion of the Fund is designed to generate high current income and total return through the application of active sector rotation, extensive credit research, and disciplined risk management designed to capitalize on opportunities across undervalued areas of the fixed income markets. The Fund's options overlay strategy is being implemented through the use of index based, out-of-the-money put and call spreads. This strategy is driven by implied volatility, as measured by the CBOE Volatility Index (or VIX as it's also called), and seeks to exploit pricing inefficiencies in options on the S&P 500 Index. <p> FUND MANAGEMENT: Virtus Investment Advisers, Inc. serves as the Investment Advisor to the Fund. Newfleet Asset Management serves as the sub-adviser to the Fund.