Martin Zweig, who chairs the boards and serves as an officer for two closed-end funds that bear his name, will resign in late November, the boards of directors for both funds said Friday.

Zweig will relinquish his duties overseeing the Zweig Fund, Inc., and the Zweig Total Return Fund, Inc. on Nov. 30, but will continue to provide sub-advisory services via Zweig Consulting Group.

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