EX-FILING FEES 9 tm228106d1_ex99s.htm CALCULATION OF FILING FEE TABLES

Exhibit (s)

Calculation of Filing Fee Tables

FORM N-2

(Form Type)

Virtus Total Return Fund Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

|  | Security Type |  | Security Class Title |  | Fee Calculation or Carry Forward Rule |  | Amount Registered |  |  | Proposed Maximum Offering Price Per Unit |  |  | Maximum Aggregate Offering Price |  |  | Fee Rate |  |  | Amount of Registration Fee |  |  | Carry Forward Form Type |  |  | Carry Forward File Number |  |  | Carry Forward Initial effective date |  |  | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward |
Newly Registered Securities
Fees to be Paid |  | Equity |  | Common Stock |  | 457(c) |  |  | 19,992,680 |  |  | $ | 9.06(1) |  |  | $ | 181,133,677 |  |  | $ | 92.70 |  |  | $ | 16,791 |  |  |  |  |  |  |  |  |  |  |  |  |
Fees to be Paid |  | Other |  | Rights to Purchase Shares of Common Stock(2) |  | — |  |  |  |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fees Previously Paid |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Carry Forward Securities
Carry Forward Securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Total Offering Amounts |  |  |  |  |  |  | $ | 181,133,677 |  |  |  |  |  |  | $ | 16,791 |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Total Fees Previously Paid |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Total Fee Offsets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Net Fee Due |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 16,791 |  |  |  |  |  |  |  |  |  |  |  |

(1) | Based on the average of the high and low prices for the Fund’s Common Stock reported on the New York Stock Exchange, Inc. on February 28, 2022.
(2) | No separate consideration will be received by the Registrant. Any shares issued pursuant to the offering of rights to purchase shares of common stock, including any shares issued pursuant to an over-subscription privilege or a secondary over-subscription privilege, will be shares registered under this Registration Statement.