Carlton Neel, Senior Vice President and Portfolio Manager at The Zweig Total Return Fund Inc (NYSE:ZTR) disclosed today the acquisition of 2,260 shares of common stock at a unit price of $13.72 on October 28, 2014. This is Mr. Neel’s second purchase this year, and now directly owns 58,868 shares and an additional 10,350 indirectly.
David Dickerson, Senior Vice President and PM of the Adviser at The Zweig Total Return Fund Inc (NYSE:ZTR) has also been trading the stock this year. Mr. Dickerson bought a total of 1,700 shares at prices ranging from $14.05 to $15.19, and now owns a total of 26,743 shares.
Phillip Goldstein, Andrew Dakos and Steven Samuels’ Bulldog Investors is the largest shareholding institution at The Zweig Total Return Fund Inc (NYSE:ZTR) with 889,396 shares, valued at an estimate $12.8 million, after reporting a 41% holding reduction during the second filling period of 2014.
The Zweig Total Return Fund Inc (NYSE:ZTR) is a closed-end, diversified management investment company with the objective to seek total return, consisting of capital appreciation and current income, consistent with the preservation of capital.
Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.