Latest news with #Caron
Yahoo
30-05-2025
- Business
- Yahoo
Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager
Newfleet's Benjamin Caron added as portfolio manager HARTFORD, Conn., May 30, 2025--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced that Newfleet Asset Management's Benjamin Caron, CFA, senior managing director and portfolio manager, has been added as a portfolio manager on the Fund, which is managed by Newfleet and Duff & Phelps Investment Management Co. Caron, with over 25 years of experience in the investment industry, is a member of Newfleet's multi-sector portfolio management team that manages several multi-sector fixed income open-end and closed-end mutual funds, ETFs, and off-shore vehicles, including Global Multi-Sector Income, Low Duration Core Plus Bond, Short Duration Core Plus Bond ETF, and Multi-Sector Bond ETF. "As an industry veteran, Ben continues to be an invaluable resource as his background and expertise supports our focus of building out our strategies to meet our clients' needs," said David L. Albrycht, CFA, Newfleet's president and chief investment officer, who also manages the Fund with Steven Wittwer, CFA, executive managing director and senior portfolio manager, and Rodney Clayton, CFA, managing director, portfolio manager, and senior research analyst, both of Duff & Phelps. Caron was also added as a portfolio manager to the GF Multi-Sector Income, Multi-Sector Intermediate Bond, and Multi-Sector Intermediate Bond Series. He earned a B.A. from Syracuse University and an M.B.A. from Suffolk University and is a Chartered Financial Analyst (CFA®) charterholder. With Caron's addition, Connie Luecke, CFA, senior managing director and senior portfolio manager at Duff & Phelps, will step down as portfolio manager to the Fund effective today. Luecke remains a portfolio manager to DNP Select Income Fund Inc., a closed-end fund advised by Duff & Phelps. About the Fund Virtus Total Return Fund Inc. is a diversified closed-end fund. Its investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC, a registered investment adviser and an affiliate of Virtus Investment Partners, Inc., is the investment adviser and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@ or through the Closed-End Funds section of Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the bottom of this press release. About Duff & Phelps Investment Management Co. Duff & Phelps Investment Management Co. pursues investment strategies with exceptional depth of resources and expertise. With more than 35 years of experience managing investment portfolios, Duff & Phelps has earned a reputation as a leader in investing in global listed infrastructure, global listed real estate, clean energy, and diversified real assets in institutional separate accounts and open- and closed-end funds. For more information, visit About Newfleet Asset Management Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC, which is a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at There can be no assurance that the portfolio will achieve its investment objectives. An investment in the portfolio is subject to the risk of loss of principal; shares may decrease in value. View source version on Contacts For Further Information: Shareholder Services(866) 270-7788closedendfunds@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
30-05-2025
- Business
- Business Wire
Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager
HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced that Newfleet Asset Management's Benjamin Caron, CFA, senior managing director and portfolio manager, has been added as a portfolio manager on the Fund, which is managed by Newfleet and Duff & Phelps Investment Management Co. Caron, with over 25 years of experience in the investment industry, is a member of Newfleet's multi-sector portfolio management team that manages several multi-sector fixed income open-end and closed-end mutual funds, ETFs, and off-shore vehicles, including Global Multi-Sector Income, Low Duration Core Plus Bond, Short Duration Core Plus Bond ETF, and Multi-Sector Bond ETF. 'As an industry veteran, Ben continues to be an invaluable resource as his background and expertise supports our focus of building out our strategies to meet our clients' needs,' said David L. Albrycht, CFA, Newfleet's president and chief investment officer, who also manages the Fund with Steven Wittwer, CFA, executive managing director and senior portfolio manager, and Rodney Clayton, CFA, managing director, portfolio manager, and senior research analyst, both of Duff & Phelps. Caron was also added as a portfolio manager to the GF Multi-Sector Income, Multi-Sector Intermediate Bond, and Multi-Sector Intermediate Bond Series. He earned a B.A. from Syracuse University and an M.B.A. from Suffolk University and is a Chartered Financial Analyst (CFA®) charterholder. With Caron's addition, Connie Luecke, CFA, senior managing director and senior portfolio manager at Duff & Phelps, will step down as portfolio manager to the Fund effective today. Luecke remains a portfolio manager to DNP Select Income Fund Inc., a closed-end fund advised by Duff & Phelps. About the Fund Virtus Total Return Fund Inc. is a diversified closed-end fund. Its investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC, a registered investment adviser and an affiliate of Virtus Investment Partners, Inc., is the investment adviser and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@ or through the Closed-End Funds section of Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting 'Shareholder Services' as set forth at the bottom of this press release. About Duff & Phelps Investment Management Co. Duff & Phelps Investment Management Co. pursues investment strategies with exceptional depth of resources and expertise. With more than 35 years of experience managing investment portfolios, Duff & Phelps has earned a reputation as a leader in investing in global listed infrastructure, global listed real estate, clean energy, and diversified real assets in institutional separate accounts and open- and closed-end funds. For more information, visit About Newfleet Asset Management Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC, which is a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at There can be no assurance that the portfolio will achieve its investment objectives. An investment in the portfolio is subject to the risk of loss of principal; shares may decrease in value.
Associated Press
30-05-2025
- Business
- Associated Press
Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager
HARTFORD, Conn.--(BUSINESS WIRE)--May 30, 2025-- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced that Newfleet Asset Management's Benjamin Caron, CFA, senior managing director and portfolio manager, has been added as a portfolio manager on the Fund, which is managed by Newfleet and Duff & Phelps Investment Management Co. Caron, with over 25 years of experience in the investment industry, is a member of Newfleet's multi-sector portfolio management team that manages several multi-sector fixed income open-end and closed-end mutual funds, ETFs, and off-shore vehicles, including Global Multi-Sector Income, Low Duration Core Plus Bond, Short Duration Core Plus Bond ETF, and Multi-Sector Bond ETF. 'As an industry veteran, Ben continues to be an invaluable resource as his background and expertise supports our focus of building out our strategies to meet our clients' needs,' said David L. Albrycht, CFA, Newfleet's president and chief investment officer, who also manages the Fund with Steven Wittwer, CFA, executive managing director and senior portfolio manager, and Rodney Clayton, CFA, managing director, portfolio manager, and senior research analyst, both of Duff & Phelps. Caron was also added as a portfolio manager to the GF Multi-Sector Income, Multi-Sector Intermediate Bond, and Multi-Sector Intermediate Bond Series. He earned a B.A. from Syracuse University and an M.B.A. from Suffolk University and is a Chartered Financial Analyst (CFA®) charterholder. With Caron's addition, Connie Luecke, CFA, senior managing director and senior portfolio manager at Duff & Phelps, will step down as portfolio manager to the Fund effective today. Luecke remains a portfolio manager to DNP Select Income Fund Inc., a closed-end fund advised by Duff & Phelps. About the Fund Virtus Total Return Fund Inc. is a diversified closed-end fund. Its investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, LLC, a registered investment adviser and an affiliate of Virtus Investment Partners, Inc., is the investment adviser and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at [email protected], or through the Closed-End Funds section of Fund Risks An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting 'Shareholder Services' as set forth at the bottom of this press release. About Duff & Phelps Investment Management Co. Duff & Phelps Investment Management Co. pursues investment strategies with exceptional depth of resources and expertise. With more than 35 years of experience managing investment portfolios, Duff & Phelps has earned a reputation as a leader in investing in global listed infrastructure, global listed real estate, clean energy, and diversified real assets in institutional separate accounts and open- and closed-end funds. For more information, visit About Newfleet Asset Management Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC, which is a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit About Virtus Investment Partners, Inc. Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at There can be no assurance that the portfolio will achieve its investment objectives. An investment in the portfolio is subject to the risk of loss of principal; shares may decrease in value. View source version on CONTACT: For Further Information: Shareholder Services (866) 270-7788 [email protected] KEYWORD: CONNECTICUT UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Virtus Total Return Fund Inc. Copyright Business Wire 2025. PUB: 05/30/2025 09:00 AM/DISC: 05/30/2025 08:58 AM
Boston Globe
26-05-2025
- Sport
- Boston Globe
Former Cape golfer Jason Caron continued improbable run by nearly winning Senior PGA Championship
'I feel very emotional,' said Cabrera, who Advertisement Cabrera spent 20 months in an Argentine prison after he was accused of making threats toward former partners. He was released on parole in August 2023 and won a PGA Tour Champions event last month before missing the cut at the Masters. 'I thought that I was going to fail, especially after being sitting without touching a club for a while,' Cabrera said. 'I've been working very, very hard and I feel that all the hard work pays off and this is what I'm having right now.' Advertisement Caron, a 1990 graduate of Dennis-Yarmouth who played on both the PGA Tour and developmental Korn Ferry Tour up through 2003, is the head golf professional at Mill River Club in Oyster Bay, Long Island. He played his way into last year's Senior PGA Championship and also tied for fourth. Through qualifying and sponsor's exemptions, Caron would up playing seven events during the PGA Tour Champions regular season in 2024, with a pair of further top fives qualifying him for the tour playoffs. A tie for third in the second of three playoff events landed him inside the tour's top 36 for the season — good enough for full membership in 2025. Caron opted to keep his full-time job at Mill River, but packed in events during the winter. The Senior PGA was his ninth, from which he's already earned more than $530,000. (In addition to tying for fourth this week, he had three top 10s in his first five starts, including losing in a playoff at the Cologuard Classic in March.) 'A year ago, I definitely would have said, 'Whoa, this can't happen,' ' Caron
USA Today
25-05-2025
- Sport
- USA Today
Club pro Jason Caron among four tied for 54-hole lead at Senior PGA at Congressional
Club pro Jason Caron among four tied for 54-hole lead at Senior PGA at Congressional Can a PGA club professional win the oldest senior major in men's professional golf? Jason Caron, 52, broke par for the third consecutive day on Saturday, shooting 1-under 71 at Congressional Country Club in Bethesda, Maryland, to share the 54-hole lead at the Senior PGA Championship. Caron earned his card on PGA Tour Champions this season but continues to split time as pro at Mill River Club in Oyster Bay, New York. Last year, Caron was the Cinderella Story of the Senior PGA, finishing T-4. Asked if a year later, he's become comfortable playing with the likes of Padraig Harrington, who he was paired alongside on Saturday, Caron said, 'A year ago, I definitely would have said, 'Whoa, this can't happen.' Now that I've played, let's just say, maybe 20 events, I feel much more comfortable. I look at it and I go, 'listen, it's going to be what it's going to be. If I play my golf and if I play well, it could finish high up there, and it's happened already.' "I think deep down, I know it could happen. Will it happen? I have no idea. But yeah, I feel pretty comfortable with it.' Major champions Retief Goosen, Angel Cabrera tied for Senior PGA lead It won't be easy against a leaderboard of players who have been there, done that. Two-time U.S. Open champion Retief Goosen and two-time major winner Angel Cabrera, who won a senior major just a week ago, were among those tied for first going into the final round, with British Open champ Stewart Cink and LIV's Lee Westwood one stroke back and a group including major winners Harrington, Vijay Singh and Y.E. Yang two back. The 11 golfers on or close to the lead have combined to win 13 major championships. 'All the guys that have really done it on hard golf courses really rise to the top and seem to grind it out more maybe a little bit more than certain players,' Goosen said. 'I certainly grinded it out today.' Caron isn't the only unheralded pro in contention. Phillip Archer, who was winless during his DP World Tour career, is among the 54-hole leaders too, and relishing his chance on Sunday. 'It's why you spend all the time on the range hitting ball after ball to be in this sort of situation and this sort of company and all that stuff,' he said. 'I played a long time on the European Tour, but you've grown up watching these guys win tournaments and majors, and yeah, you're in their company, and you've got to tell yourself you belong there.'
