<div id="readability-page-1">HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Total Return Fund Inc. ( ZTR ) (the “Fund”) today announced preliminary results of its previously announced tender offer (“Tender Offer”) to acquire up to 10% of the Fund’s outstanding shares, which expired on December 3, 2025 at 5 p.m. (Eastern). Approximately 15,013,106 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery, based on preliminary information. With the Tender Offer oversubscribed, the relative number of shares that will be purchased from each tendering shareholder will be prorated based on the number of shares properly tendered. The purchase price of the properly tendered and accepted shares is 98% of the Fund’s net asset value per share as of the close of regular trading on December 3, 2025, which is equal to $6.9874 per share. The Fund expects to announce the final results of the Tender Offer on or about December 8, 2025. About the Fund Virtus Total Return Fund Inc. is a diversified closed-end fund whose investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC is the investment adviser and Duff &amp; Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund. For more information about the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com. Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report may be obtained free of charge by contacting “Shareholder Services” as set forth at the bottom of this press release. <img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDQ1NjMwNjByMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDQ1NjMwNjByMQ"/>View source version on businesswire.com: https://www.businesswire.com/news/home/20251204563060/en/ Source: Virtus Total Return Fund Inc. ( ZTR )</div>

Virtus投資

Virtus Total Return Fund Inc. 宣佈其收購最多 10% 流通股的要約的初步結果，該要約於 2025 年 12 月 3 日到期。大約有 15,013,106 股被提交，導致超額認購。購買價格定為基金每股淨資產價值的 98%，即 6.9874 美元。最終結果預計在 2025 年 12 月 8 日公佈。該基金旨在實現資本增值和收入，投資由 Virtus Investment Advisers, LLC 及其子顧問 Duff & Phelps 和 Newfleet Asset Management 管理

Virtus Total Return Fund Inc. 宣佈了要約收購的初步結果