CHICAGO, June 6, 2016 /PRNewswire/ -- The Board of
Trustees of Virtus Total Return Fund (NYSE: DCA) today announced
that IVS Associates, the independent inspector of elections for the
fund's annual meeting of shareholders held on June 2, 2016, has certified the following final
results of the meeting.
On Proposal 1, regarding the election of a director of the fund,
Thomas F. Mann was re-elected as
Class II Trustee of the fund for a term of three years or until his
successor has been duly elected and qualified. Mr. Mann received a
plurality of the votes cast at the meeting, defeating a candidate
who was nominated by a shareholder of the fund. The
shareholder-initiated Proposal 2, a non-binding vote recommending
that the Board approve and submit to shareholders for a vote a
proposal to liquidate the fund, was approved.
The final certified voting results provided to the fund by IVS
are as follows:
Proposal
1
|
For
|
Withheld
|
|
Thomas F.
Mann
|
6,336,380
|
2,891,147
|
|
Andrew
Dakos
|
5,769,670
|
249,540
|
|
|
|
|
|
Proposal
2
|
For
|
Against
|
Abstain
|
Liquidation
(Non-Binding)
|
6,679,647
|
5,871,822
|
2,695,268
|
|
|
|
|
For more information on the fund, 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/virtus-total-return-fund-announces-final-results-of-annual-meeting-of-shareholders-300280403.html
SOURCE Virtus Total Return Fund