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.