Oppenheimer & Co. Inc. bought a new stake in shares of Virtus Total Return Fund Inc (NYSE:ZF) in the 4th quarter, HoldingsChannel reports. The firm bought 12,900 shares of the closed-end fund’s stock, valued at approximately $166,000.
Shares of Virtus Total Return Fund Inc (ZF) opened at $11.20 on Monday. Virtus Total Return Fund Inc has a one year low of $10.28 and a one year high of $13.16.
In related news, insider Virtus Partners Inc sold 754,987 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $12.16, for a total value of $9,180,641.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by corporate insiders.
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Virtus Total Return Fund Inc (the Fund), formerly The Zweig Fund, Inc, is a closed-end, diversified management investment company. The Fund’s investment objective is capital appreciation, with income as a secondary objective. The Fund has a target allocation of investing approximately 60% of its total assets in equity securities and 40% fixed income.
Want to see what other hedge funds are holding ZF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtus Total Return Fund Inc (NYSE:ZF).
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