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Closed End Funds & Trusts

Stay informed with the latest Closed End Funds & Trusts news in our newsroom. From fund performance updates and distribution announcements to market analysis and investment strategies, we provide key insights to keep you connected to this specialized segment of the financial markets.

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Clough Global Dividend and Income Fund Declares Monthly Cash Distributions for January, February, and March 2024 of $0.0526 Per Share
Closed End Funds & TrustsDividends

Clough Global Dividend and Income Fund Declares Monthly Cash Distributions for January, February, and March 2024 of $0.0526 Per Share

January 8, 2024 5:59 AM

DENVER, CO / ACCESSWIRE / January 8, 2024 / Today, the Board of Trustees (the "Board") for the Clough Global Dividend and Income Fund (the "Fund") has declared a monthly cash distribution of $0.0526 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will...

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Clough Global Equity Fund Declares Monthly Cash Distributions For January, February, and March 2024 of $0.0603 Per Share
Closed End Funds & TrustsDividends

Clough Global Equity Fund Declares Monthly Cash Distributions For January, February, and March 2024 of $0.0603 Per Share

January 8, 2024 5:05 AM

DENVER, CO / ACCESSWIRE / January 8, 2024 / Today, the Board of Trustees (the "Board") for the Clough Global Equity Fund (the "Fund") has declared a monthly cash distribution of $0.0603 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will be the...

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Bexil Investment Trust (Formerly Dividend and Income Fund) Announces Name Change and Ticker Symbol Changes
Closed End Funds & TrustsCompany Name Change

Bexil Investment Trust (Formerly Dividend and Income Fund) Announces Name Change and Ticker Symbol Changes

January 2, 2024 9:29 AM

ROCHESTER, NY / ACCESSWIRE / January 2, 2024 / Bexil Investment Trust (Stock Symbol:BXSY) (Net Asset Value Symbol:XBXIX) (the "Fund") announced today that it has changed its name to Bexil Investment Trust from Dividend and Income Fund. The Fund also announced that its stock symbol has changed to BXSY from DNIF and its net asset value symbol is now XBXIX. These changes have been made to, among other things, increase Fund awareness. A summary of...

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Clough Global Dividend and Income Fund Section 19(a) Notice
Closed End Funds & TrustsDividends

Clough Global Dividend and Income Fund Section 19(a) Notice

December 29, 2023 5:59 AM

DENVER, CO / ACCESSWIRE / December 29, 2023 / On December 29, 2023, the Clough Global Dividend and Income Fund (NYSE American:GLV) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0597 per share to shareholders of record at the close of business on December 22, 2023. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of...

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Clough Global Equity Fund Section 19(a) Notice
Closed End Funds & TrustsDividends

Clough Global Equity Fund Section 19(a) Notice

December 29, 2023 5:59 AM

DENVER, CO / ACCESSWIRE / December 29, 2023 / On December 29, 2023, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0599 per share to shareholders of record at the close of business on December 22, 2023. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as...

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What are Exchange-Traded Funds, and Why Invest in Them?
Closed End Funds & TrustsCompany Update

What are Exchange-Traded Funds, and Why Invest in Them?

December 28, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 28, 2023 / What are Exchange-Traded Funds (ETF)? If you are looking to build a diversified investment portfolio, consider investing in Exchange-Traded Funds (ETFs) , a basket of securities that tracks the performance of a particular index, commodity, sector, or other assets. Just like stocks, ETFs are listed and traded on stock exchanges. Since ETFs are investment funds that contain various underlying...

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A Complete Guide to Citibank Foreign Currency Account
Closed End Funds & TrustsCompany Update

A Complete Guide to Citibank Foreign Currency Account

December 27, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 27, 2023 / Need to hold funds in a foreign currency outside of the region you are residing in? Citibank's Foreign Currency Account may be your solution - with a single account, you can conveniently carry out transactions in multiple currencies. Foreign Currency Accounts are highly beneficial to frequent travellers, expatriates, and international traders or investors who deal in multiple currencies....

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When is a Good Time to Refinance your Home Loan? 
Closed End Funds & TrustsCompany Update

When is a Good Time to Refinance your Home Loan? 

December 26, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 26, 2023 / Given potential upcoming interest rate hikes, homeowners in Singapore looking to take advantage of lower interest rates should consider refinancing their home loans. Home loan refinancing, also known as mortgage refinancing, involves replacing your existing home loan with a new loan from another bank. By refinancing your home loan, you can potentially reduce your monthly mortgage...

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Citibank Home Loan and its Benefits
Closed End Funds & TrustsCompany Update

Citibank Home Loan and its Benefits

December 22, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 22, 2023 / Whether you're planning to upgrade your home or get an investment property, you will need to take out a home loan to finance your purchase. While picking out a home loan sounds like an uphill task, it is a crucial step in completing your property purchase in Singapore. Keep reading to discover how Citibank Home Loan can fulfil your property financing needs. Benefits of Citibank Home Loan...

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Benefits of Using Credit Card Balance Transfer
Closed End Funds & TrustsCompany Update

Benefits of Using Credit Card Balance Transfer

December 21, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 21, 2023 / Dealing with mounting debt and snowballing interest charges from several credit cards can be an unnerving and frustrating experience. However, not all is lost - applying for a balance transfer could make the debt repayment process more manageable. What exactly is a balance transfer? As the term suggests, it entails transferring the outstanding balance on your existing credit card(s) to...

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Know the Importance of Citibank Ready Credit
Closed End Funds & TrustsCompany Update

Know the Importance of Citibank Ready Credit

December 20, 2023 2:00 AM

SINGAPORE,SINGAPORE / ACCESSWIRE / December 20, 2023 / Needing to fork out emergency cash for unexpected expenses can be a stressful experience, but thankfully, help is just round the corner. With Citibank Ready Credit, you can access a flexible line of credit up to 4X your monthly income or up to 8X your monthly income if your annual income is S$120,000 and above. You will also have the flexibility of converting your Citi Credit Card and...

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Top 5 Considerations When Choosing a Credit Card in Singapore
Closed End Funds & TrustsCompany Update

Top 5 Considerations When Choosing a Credit Card in Singapore

December 19, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 19, 2023 / Selecting a suitable credit card from the hordes of offers we receive daily can be overwhelming. However, this can be overcome by knowing the factors to consider while choosing a credit card. With the right credit card, you can save on interest and annual fees and enjoy attractive perks like reward points, cash back, and flyer miles. In this article, we will discuss the factors you should...

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8 Citibank Credit Card Offers You Should Not Miss 
Closed End Funds & TrustsCompany Update

8 Citibank Credit Card Offers You Should Not Miss 

December 18, 2023 2:00 AM

SINGAPORE / ACCESSWIRE / December 18, 2023 / In today's fast-paced world, credit cards have emerged as useful financial tools that are convenient and secure. Keeping our needs in mind, Citibank has designed a comprehensive range of credit cards to suit our diverse needs and preferences. In this article, we have compiled a list of the eight most popular Citi Credit Cards and their irresistible offers you should not miss. Here are eight credit...

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Reaves Utility Income Fund Announces Regular Monthly Distributions Of $0.19 Per Share
Closed End Funds & TrustsDividends

Reaves Utility Income Fund Announces Regular Monthly Distributions Of $0.19 Per Share

December 15, 2023 5:59 AM

DENVER, CO / ACCESSWIRE / December 15, 2023 / Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of December 5, 2023, the Fund's market price was $26.65 per share and its net asset value was $26.56 per share. Tim Porter, the Fund's co-portfolio manager and Chief Investment Officer...

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How to Pick the Right Credit Card for Yourself
Closed End Funds & TrustsCompany Update

How to Pick the Right Credit Card for Yourself

December 15, 2023 2:30 AM

HONG KONG, CHINA / ACCESSWIRE / December 15, 2023 / Selecting the best credit card from a plethora of options can be tedious. While one may offer benefits like redeemable points, the other may provide attractive cashback options. With so many choices available, choosing one that would help you earn the best rewards as you spend can get confusing. However, this limitation can be easily tackled by simply narrowing down the choices based on a few...

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Current Account vs Savings Account: Differences and Benefits
Closed End Funds & TrustsCompany Update

Current Account vs Savings Account: Differences and Benefits

December 15, 2023 2:30 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 15, 2023 / Current and Savings Accounts are the most common bank accounts that people own in Singapore. While both Current and Savings Account allow you to carry out transactions via ATMs, debit cards and digital banking, they have distinct features and work differently to fulfil specific financial purposes. Let's take a closer look at the differences between a Current and a Savings Account. Current...

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Dividend And Income Fund Announces Quarterly Distributions For Each Quarter Of 2024
Closed End Funds & TrustsDividends

Dividend And Income Fund Announces Quarterly Distributions For Each Quarter Of 2024

December 14, 2023 4:05 PM

ROCHESTER, NY / ACCESSWIRE / December 14, 2023 / Dividend and Income Fund (OTC PINK:DNIF)(Net Asset Value Symbol:XDNIX) (the "Fund"), a closed end fund with the primary investment objective of seeking high current income with capital appreciation as a secondary objective, announced today that it anticipates that its quarterly distribution amount will remain at $0.25 per share for each quarter of 2024. The following dates apply to the 2024...

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RENN Fund, Inc. Announces Year End Distribution
Closed End Funds & TrustsDividends

RENN Fund, Inc. Announces Year End Distribution

December 14, 2023 2:05 PM

NEW YORK, NY / ACCESSWIRE / December 14, 2023 / The RENN Fund, Inc. (NYSE American:RCG) (the "Fund") announced today that it has declared a year-end distribution in the amount of $0.015167 per share, payable on December 29, 2023, to stockholders of record on December 18, 2023. The New York Stock Exchange has advised December 15, 2023 as the Ex-Date. Disclosures: Fund shares are subject to investment risk, including possible loss of principal...

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abrdn Global Infrastructure Income Fund (ASGI) Announces 25% Increase in Distribution Rate, Approval of a Monthly Managed Distribution Policy and Authorization of an Open Market Share Repurchase Program
Closed End Funds & TrustsCompany Update

abrdn Global Infrastructure Income Fund (ASGI) Announces 25% Increase in Distribution Rate, Approval of a Monthly Managed Distribution Policy and Authorization of an Open Market Share Repurchase Program

December 14, 2023 8:30 AM

abrdn Global Infrastructure Income Fund (ASGI) Announces 25% Increase in Distribution Rate, Approval of a Monthly Managed Distribution Policy and Authorization of an Open Market Share Repurchase Program PHILADELPHIA, PA / ACCESSWIRE / December 14, 2023 / abrdn Global Infrastructure Income Fund (NYSE:ASGI), (the "Fund"), a closed-end management investment company, announced today that the Board of Trustees (the "Board") have approved a managed...

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How to Manage and Maximize Your Wealth
Closed End Funds & TrustsCompany Update

How to Manage and Maximize Your Wealth

December 14, 2023 3:00 AM

HONG KONG, CHINA / ACCESSWIRE / December 14, 2023 / Managing wealth is multifaceted and comprises practices like saving, investing, and budgeting. Whether you are planning for your next trip or early retirement to enjoy time with your family, you will need funds. So, the goal of managing wealth is to maximize the value of your funds so that you can use them to fulfill your life goals. Prioritizing your short-term and long-term goals is one of...

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