<SEC-DOCUMENT>0001145549-22-006369.txt : 20220211
<SEC-HEADER>0001145549-22-006369.hdr.sgml : 20220211
<ACCEPTANCE-DATETIME>20220211142313
ACCESSION NUMBER:		0001145549-22-006369
CONFORMED SUBMISSION TYPE:	N-CEN
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20211130
FILED AS OF DATE:		20220211
DATE AS OF CHANGE:		20220211
EFFECTIVENESS DATE:		20220211

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Virtus Total Return Fund Inc.
		CENTRAL INDEX KEY:			0000836412
		IRS NUMBER:				133474242
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		N-CEN
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05620
		FILM NUMBER:		22619403

	BUSINESS ADDRESS:	
		STREET 1:		101 MUNSON STREET
		CITY:			GREENFIELD
		STATE:			MA
		ZIP:			01301
		BUSINESS PHONE:		800-272-2700

	MAIL ADDRESS:	
		STREET 1:		101 MUNSON STREET
		CITY:			GREENFIELD
		STATE:			MA
		ZIP:			01301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VIRTUS GLOBAL DIVIDEND & INCOME FUND INC.
		DATE OF NAME CHANGE:	20160929

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VIRTUS GLOBAL DIVIDEND & INCOME FUND
		DATE OF NAME CHANGE:	20160929

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZWEIG TOTAL RETURN FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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            <isSubAdviserAffiliated>Y</isSubAdviserAffiliated>
            <subAdviserStateCountry subAdviserState="US-CT" subAdviserCountry="US"/>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
          <subAdviser>
            <subAdviserName>Duff &amp; Phelps Investment Management Co.</subAdviserName>
            <subAdviserFileNo>801-14813</subAdviserFileNo>
            <subAdviserCrdNo>000107296</subAdviserCrdNo>
            <subAdviserLei>549300W01Z54L5RHPJ40</subAdviserLei>
            <isSubAdviserAffiliated>Y</isSubAdviserAffiliated>
            <subAdviserStateCountry subAdviserState="US-IL" subAdviserCountry="US"/>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
        </subAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>Computershare Trust Company, N.A.</transferAgentName>
            <transferAgentFileNo>85-11340</transferAgentFileNo>
            <transferAgentLei>2549001YYB62BVMSAO13</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-KY" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceLei>13-3668779</pricingServiceLei>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Refinitiv US Holdings Inc.</pricingServiceName>
            <pricingServiceLei>549300NF240HXJO7N016</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit Ltd.</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>HSBC HK Bond Connect - Hong Kong</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK (SINGAPORE) LIMITED</custodianName>
            <custodianLei>549300MDYVVHJ8D1DW28</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco Itau Chile S.A.</custodianName>
            <custodianLei>549300PN7XQ5V4C0HL57</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CACEIS BANK SPAIN S.A.</custodianName>
            <custodianLei>95980020140005970915</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Europe PLC (Portugal)</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Belgium</custodianName>
            <custodianLei>21380014SJC1QPK8O356</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon (Ireland)</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianCountry>IE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banque Nationale de Belgique SA/NV</custodianName>
            <custodianLei>CGYP50QBGGR6NCHTSN68</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear France</custodianName>
            <custodianLei>54930060MY6S68NEUP16</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust S.A., Bogota</custodianName>
            <custodianLei>549300242J3IJCOSGI49</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibanamex, Mexico City</custodianName>
            <custodianLei>5493004NLEXB8DK06353</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CIBC Mellon Trust Company</custodianName>
            <custodianLei>549300IYUUH221WBZ505</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Stanbic IBTC Bank PLC</custodianName>
            <custodianLei>549300NIVXF92ZIOVW61</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE STANDARD BANK OF SOUTH AFRICA</custodianName>
            <custodianLei>QFC8ZCW3Q5PRXU1XTM60</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A., Brazilian Branch</custodianName>
            <custodianLei>1P0UUG7LC1S92QTNHG39</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV (Belgium)</custodianName>
            <custodianLei>MMYX0N4ZEZ13Z4XCG897</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation, Seoul</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon, SA/NV (Netherlands)</custodianName>
            <custodianLei>MMYX0N4ZEZ13Z4XCG897</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon (United Kingdom)</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Stockholm</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MUFG Bank, Ltd.</custodianName>
            <custodianLei>C3GTMMZIHMY46P4OIX74</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Helsinki Branch</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Euroclear Bank</custodianName>
            <custodianLei>549300CBNW05DILT6870</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Oslo Branch</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Skandinaviska Enskilda Banken AB, Copenhagen Branch</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NOMINEES (NEW ZEALAND) LIMITED</custodianName>
            <custodianLei>213800NHDWIZKO5KIH05</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon, SA/NV (Italy)</custodianName>
            <custodianLei>MMYX0N4ZEZ13Z4XCG897</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Australia Limited</custodianName>
            <custodianLei>DY9DBNI4W8J63Z298033</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A., Sucursal De Lima</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Argentina</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>AR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UniCredit Bank Austria AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS Switzerland AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main</custodianName>
            <custodianLei>5299008ORSGF0TGLSC98</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Bermuda Limited</custodianName>
            <custodianLei>0W1U67PTV5WY3WYWKD79</custodianLei>
            <custodianCountry>BM</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank (Taiwan) Limited</custodianName>
            <custodianLei>549300SG184IVNYDMN03</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG (Indonesia)</custodianName>
            <custodianLei>529900BYFVEGGOM24P36</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank A.S. (Turkey)</custodianName>
            <custodianLei>789000N5SE3LWDK7OI11</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Polska Kasa Opieki S.A.</custodianName>
            <custodianLei>5493000LKS7B3UTF7H35</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Depository Trust Company</custodianName>
            <custodianLei>549300HBJLRO8YFMI370</custodianLei>
            <custodianStateCountry custodianState="US-NY" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Securities depository - rule 17f-4 (17 CFR 270.17f-4)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Computershare Trust Company, N.A.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>2549001YYB62BVMSAO13</shareholderServiceAgentLei>
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      </managementInvestmentQuestion>
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          <description>Common stock</description>
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</DOCUMENT>
<DOCUMENT>
<TYPE>INTERNAL CONTROL RPT
<SEQUENCE>2
<FILENAME>ztr113021.htm
<TEXT>
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        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:13pt;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Report<font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">of</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Independent</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Registered</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Public</font><font style="letter-spacing: -0.3pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Accounting</font><font style="letter-spacing: -0.3pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Firm</font>&#160;</p>
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        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">To<font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">the</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Board</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">of</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Directors</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">and</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Shareholders</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">of</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Virtus</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Total</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Return</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Fund</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Inc.</font>&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9.5pt;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In planning and performing our audits of the financial statements of Virtus Total Return Fund Inc. (the<font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">&ldquo;Fund&rdquo;),</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">as</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">of</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">and</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">for</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">the</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">year</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">ended</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">November</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">30,</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">2021,</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">in</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">accordance</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">with</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">the</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">standards</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">of</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">the</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Public</font><font style="letter-spacing: -2.25pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund&rsquo;s internal</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">control over financial reporting, including controls over safeguarding securities, as a basis for designing</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">our auditing procedures for the purpose of expressing our opinion on the financial statements and to</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">effectiveness of the Fund&rsquo;s internal control over financial reporting.</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Accordingly, we do not express an</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">opinion</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">on</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">the</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">effectiveness</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">of</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">the</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Fund&rsquo;s</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">internal</font><font style="letter-spacing: 0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">control</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">over</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">financial</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">reporting.</font>&#160;</p>
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        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The management of the Fund is responsible for establishing and maintaining effective internal control<font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">over financial reporting.</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">In fulfilling this responsibility, estimates and judgments by management are</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">required to assess the expected benefits and related costs of controls. A company&rsquo;s internal control over</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">financial reporting is a process designed to provide reasonable assurance regarding the reliability of</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">financial reporting and the preparation of financial statements for external purposes in accordance with</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">generally accepted accounting principles.</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">A company&rsquo;s internal control over financial reporting includes</font><font style="letter-spacing: -2.3pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail,</font><font style="letter-spacing: 0.05pt; 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        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9.5pt;">&#160;&#160;</p>
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        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our consideration of the Fund&rsquo;s internal control over financial reporting was for the limited purpose<font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">described</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">in</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">the</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">first</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">paragraph</font><font style="letter-spacing: -0.25pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">and</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">would</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">not</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">necessarily</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">disclose</font><font style="letter-spacing: -0.25pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">all</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">deficiencies</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">in</font><font style="letter-spacing: -0.25pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">internal</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">control</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">over</font><font style="letter-spacing: -2.3pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">financial reporting that might be material weaknesses under standards established by the PCAOB.</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">However, we noted no deficiencies in the Fund&rsquo;s internal control over financial reporting and its</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">operation, including controls over safeguarding securities, that we consider to be a material weakness as</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">defined</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">above</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">as of</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">November</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">30,</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">2021.</font>&#160;</p>
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        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;"><font style="font-family: Georgia; font-size: 10pt;">This</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.05pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">report</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.15pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">is</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.05pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">intended</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.1pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">solely</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.2pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">for</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.15pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">the</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.2pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">information</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.1pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">and</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.1pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">use</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.2pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">of</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.15pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">the</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.1pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">Board</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.15pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">of</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.15pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">Directors</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.05pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">of</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.2pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">Virtus Total</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.15pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">Return</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -2.3pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">Fund Inc. and the Securities and Exchange Commission and is not intended to be and should not be used</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -2.35pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">by</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.1pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">anyone</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.05pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">other</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.05pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">than</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: -0.05pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">these specified</font><font style="font-family: Georgia; font-size: 10pt; letter-spacing: 0.1pt;"> </font><font style="font-family: Georgia; font-size: 10pt;">parties.</font><font style="font-family: Georgia; font-size: 10pt;">&#160;</font></p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; letter-spacing:-0.05pt;font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/ PricewaterhouseCoopers LLP&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; letter-spacing:-0.05pt;font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Philadelphia, <font style="font-family: Georgia;">Pennsylvania</font><font style="letter-spacing: -2.3pt; font-family: Georgia;"> </font>&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:''; font-size:10pt;font-family:'Georgia';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">January<font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">21,</font><font style="letter-spacing: 0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">2022</font>&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:''; font-style:italic;font-size:9pt;font-family:'Georgia';font-weight:normal;text-transform:none;font-variant: normal;">PricewaterhouseCoopers<font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">LLP,</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Two</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Commerce</font><font style="letter-spacing: -0.2pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Square,</font><font style="letter-spacing: -0.05pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Suite</font><font style="letter-spacing: -0.1pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">1800,</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">2001</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Market</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Street,</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">Philadelphia,</font><font style="letter-spacing: -0.15pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">PA</font><font style="letter-spacing: 1.9pt; font-family: Georgia;"> </font><font style="font-family: Georgia;">19103</font>&#160;</p>
        <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&#160;&#160;</p>
        <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman; font-style:italic;font-size:9pt;font-family:'Georgia';font-weight:normal;text-transform:none;font-variant: normal;">&#160;&#160;</p>
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