ZTR - Virtus Total Return Fund

What this means for you

Sit Investment owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.

Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.

Email me if this changes

What happened, and when

1. Dec 8, 2025

   The buy-back ended; the fund paid $6.9874 a share.

   Original document →

2. Dec 4, 2025

   The buy-back ended; the fund paid $6.9874 a share.

   Original document →

3. Nov 4, 2025

   The fund added to its buy-back offer documents; it still runs until Dec 3, 2025.

   Original document →

4. Nov 3, 2025

   The fund offered to buy back 10% of its shares at 98% of value, until Dec 3, 2025.

   Original document →

5. Feb 12, 2025

   The buy-back ended; the fund paid $6.4386 a share.

   Original document →

About this fund

• Run by Virtus Investment Advisers, LLC. Part of the Virtus fund family. As of Nov 30, 2025, from the fund's yearly report. Original document →
• Size: about $379 million of holdings, as of May 29, 2026. As of May 29, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 31% on top of its own money, as of May 29, 2026. Borrowed money makes gains and losses bigger. As of May 29, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1% a year in management fees; 3.7% a year in total, including interest on borrowed money. Fiscal year ended Nov 30, 2025. As of Nov 30, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Nov 30, 2025) the fund paid $0.96 a share. $0.49 of that was income; $0.47 was your own money back, not income. As of Nov 30, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Nov 30, 2025): $7.23. The shares traded at $6.62, about 8.4% below that. As of Nov 30, 2025, from the fund's yearly report. Original document →
• How the holdings did: down 3.6% over the last three months we have (March-May 2026), before the share price is taken into account. Over the last 12 months: +19.2%. As of May 29, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Nov 30, 2025): the value of the holdings returned +10%. How the share price did: the shares returned +10% over the same year, counting payouts and the change in the market price. As of Nov 30, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 1995.

What the fund holds

Mostly shares (73%), the rest bonds, asset-backed bonds and mortgage bonds. About 63% issued in the U.S.

1. Aena Sme SA EUR10 - 6.4%
2. Union Pacific - 5.2%
3. Nextera Energy - 4.6%
4. Williams Companies - 3.5%
5. Canadian Pacific Kansas City - 3.5%
6. Csx - 3.4%
7. Southern Company - 3.3%
8. Sempra - 3%
9. Flughafen Zuerich AG CHF10(REGD) Post Split - 2.9%
10. Transurban Group Stapled Units Npv - 2.8%

As of May 29, 2026, from the fund's quarterly holdings report. Original document →