Conditional Tender Offer

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Virtus Total Return Fund Inc. Announces Second Conditional Tender Offer
Businesswire· 2025-10-02 21:10
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the "Fund†) today announced it met the conditions to trigger its second conditional tender offer ("Tender Offer†) to acquire another 10% of the Fund's outstanding shares. This Tender Offer was triggered when the Average Trading Discount of the Fund's shares exceeded 10% during the period from April 1, 2025 through September 26, 2025 ("measurement period†). The average trading discount during this measurement period was. ...