Jim, first ZTR shoe is dropping ;-)))

Winetalk.com · 06-01-2004

The Zweig Total Return Fund, Inc. Authorizes Declaration of a Distribution Under New Cash and Stock Policy
Tuesday, June 1, 2004 11:38 AM
- BusinessWire

NEW YORK, Jun 1, 2004 (BUSINESS WIRE) -- The Zweig Total Return Fund, Inc. (NYSE, PCX: ZTR), announced its monthly distribution, payable on June 24, 2004, to shareholders of record as of June 11, 2004 (ex date: June 9, 2004). The distribution will be the first under the new fixed distribution policy adopted by the Fund's board of directors in April, and provides for a distribution equal to 10% of net asset value on an annualized basis consisting of 7% cash and 3% ZTR stock.

The June distribution will consist of cash in the amount of $0.033 per share, and ZTR stock in the amount of .0025 per share (for every 1,000 shares of ZTR stock owned, 2.5 new shares will be received).

The board believes that the combination cash and stock distribution will provide enhanced value to shareholders and serve their long-term interests.

The Zweig Total Return Fund, Inc. is a closed-end fund with an objective to seek the highest total return, consisting of capital appreciation and current income, consistent with the preservation of capital.

SOURCE: The Zweig Total Return Fund, Inc.

Jim · 06-02-2004

Serge! looks good! i am already up about .08 per share so i am just hanging and waiting.......

sold off a TON of acg at 8.00 =) with an avg profit of .70 per share!

life is good!

Winetalk.com · 06-02-2004

Quote:

Originally posted by Jim@Jun 2 2004, 08:33 AM
Serge! looks good! i am already up about .08 per share so i am just hanging and waiting.......

sold off a TON of acg at 8.00 =) with an avg profit of .70 per share!

life is good!

yehaaww!!!!!

I am out of ACG as well,
sold at 7.98 and sitting on pile of cash and wait for more shoes to drop when Fed raises rates.

sold CPN this morning at 4.04
9% in a week,
no need to be piggy
;-)))

Winetalk.com · 06-02-2004

hahahahahahaha,
CPN is at 3.79...glad I am not a piggy
;-)))

06-01-2004	#1
Winetalk.com Prostate Examiner I quoff fine wine at corkd.com Join Date: Oct 2002 Location: good 'ole USA Posts: 21,018	The Zweig Total Return Fund, Inc. Authorizes Declaration of a Distribution Under New Cash and Stock Policy Tuesday, June 1, 2004 11:38 AM - BusinessWire NEW YORK, Jun 1, 2004 (BUSINESS WIRE) -- The Zweig Total Return Fund, Inc. (NYSE, PCX: ZTR), announced its monthly distribution, payable on June 24, 2004, to shareholders of record as of June 11, 2004 (ex date: June 9, 2004). The distribution will be the first under the new fixed distribution policy adopted by the Fund's board of directors in April, and provides for a distribution equal to 10% of net asset value on an annualized basis consisting of 7% cash and 3% ZTR stock. The June distribution will consist of cash in the amount of $0.033 per share, and ZTR stock in the amount of .0025 per share (for every 1,000 shares of ZTR stock owned, 2.5 new shares will be received). The board believes that the combination cash and stock distribution will provide enhanced value to shareholders and serve their long-term interests. The Zweig Total Return Fund, Inc. is a closed-end fund with an objective to seek the highest total return, consisting of capital appreciation and current income, consistent with the preservation of capital. SOURCE: The Zweig Total Return Fund, Inc. __________________ why dogs sniff each other butts?

06-02-2004	#2
Jim Members Join Date: Oct 2002 Posts: 254	Serge! looks good! i am already up about .08 per share so i am just hanging and waiting....... sold off a TON of acg at 8.00 =) with an avg profit of .70 per share! life is good! __________________ It don't mean a thing if you ain't got the BLING! (coming soon!)

06-02-2004	#4
Winetalk.com Prostate Examiner I quoff fine wine at corkd.com Join Date: Oct 2002 Location: good 'ole USA Posts: 21,018	hahahahahahaha, CPN is at 3.79...glad I am not a piggy ;-))) __________________ why dogs sniff each other butts?