HARTFORD, Conn., Oct. 20, 2016 /PRNewswire/ -- Virtus Global
Dividend & Income Fund Inc. (NYSE: ZTR) declared a distribution
of $0.113 per share to shareholders
of record at the close of business on October 13, 2016 (ex-date October 11, 2016).
The following table sets forth the estimated amounts of the
current distribution, payable October 20,
2016, and the cumulative distributions paid this fiscal year
to date from the following sources. All amounts are expressed based
on U.S. generally accepted accounting principles which may differ
from federal income tax regulations.
Distribution
Estimates
|
September 2016
(MTD)
|
Year-to-date
(YTD) (1)
|
(Sources)
|
Per
Share
Amount
|
Percentage of
Current Distribution
|
Per Share
Amount
|
Percentage
of Current
Distribution
|
Net Investment
Income
|
$
0.023
|
19.9%
|
$
0.210
|
22.4%
|
Net Realized Foreign
Currency Gains
|
-
|
0.0%
|
-
|
0.0%
|
Net Realized
Short-Term Capital Gains
|
-
|
0.0%
|
-
|
0.0%
|
Net Realized
Long-Term Capital Gains
|
0.090
|
80.1%
|
0.725
|
77.6%
|
Return of Capital (or
other Capital Source)
|
-
|
0.0%
|
-
|
0.0%
|
Total
Distribution
|
$
0.113
|
100.0%
|
$
0.935
|
100.0%
|
|
|
|
|
|
(1) YTD January 12,
2016 to January 11, 2017. (The distribution paid on January
11, 2016 was reportable for tax on Form 1099 in 2015)
|
September 30,
2016
|
|
|
Average Annual
Total Return on NAV for the 5-year period ended this quarter
(2)
|
7.99%
|
|
Current Fiscal YTD
Annualized Distribution Rate (3)
|
10.27%
|
|
YTD Cumulative
Total Return on NAV (4)
|
4.17%
|
|
YTD Cumulative
Distribution Rate (5)
|
7.08%
|
|
(2)
|
Average Annual Total
Return on NAV is the annual compound return for the five-year
period. It reflects the change in the Fund's NAV and
reinvestment of all distributions.
|
(3)
|
Current Fiscal YTD
Annualized Distribution Rate is the cumulative distribution rate
annualized as a percentage of the Fund's NAV at month
end.
|
(4)
|
YTD Cumulative Total
Return on NAV is the percentage change in the Fund's NAV from the
first day of the year to this month end, including distributions
paid and assuming reinvestment of those distributions.
|
(5)
|
YTD Cumulative
Distribution Rate is the dollar value of distributions from the
first day of the year to this month end as a percentage of the
Fund's NAV at month end.
|
|
|
|
|
Under the terms of the Fund's Managed Distribution Plan, the
Fund seeks to maintain a consistent distribution level that may be
paid in part or in full from net investment income, realized
capital gains, and a return of capital, or a combination thereof.
You should not draw any conclusions about the Fund's investment
performance from the amount of this distribution or from the terms
of the Fund's Managed Distribution Plan.
The amounts and sources of distributions reported in this Notice
are only estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for tax
reporting purposes will depend upon the Fund's investment
experience during the remainder of the fiscal year and may be
subject to changes based on tax regulations. The Fund will send you
a Form 1099-DIV for the calendar year that will tell you how to
report these distributions for federal tax purposes.
For more information on Virtus Global Dividend & Income Fund
Inc., contact shareholder services at (866) 270-7788, by email at
closedendfunds@virtus.com, or through the closed end fund section
on the web at www.virtus.com.
Cusip: 92835W107
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SOURCE Virtus Global Dividend & Income Fund Inc.