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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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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 of...

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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 ProgramPHILADELPHIA, 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 the...

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6 Best Citibank Investment Products You Should Invest In
Closed End Funds & TrustsCompany Update

6 Best Citibank Investment Products You Should Invest In

December 14, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 14, 2023 /: Saving up may be the first step to financial freedom, but that is certainly not the be-all and end-all. With rising inflation, the value of your savings could be diminished over time, resulting in a loss in purchasing power. Hence, investing is essential to hedge against inflation and help to achieve your financial goals through asset appreciation and compounding.Here are some investment...

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PennSpring Acquires Virtual Assistant Leader Zirtual, to Apply BPO Growth Expertise
Closed End Funds & TrustsMergers and Acquisitions

PennSpring Acquires Virtual Assistant Leader Zirtual, to Apply BPO Growth Expertise

December 13, 2023 2:30 PM

Highly Respected in the Industry, Zirtual Positions PennSpring for Additional AcquisitionsLANCASTER, PA / ACCESSWIRE / December 13, 2023 / PennSpring Capital (www.pennspring.com), a people-forward investment firm focused on lower middle market opportunities, announced today that it has acquired Columbus, Ohio-based Zirtual, providers of high quality virtual assistant services. All virtual assistants are US-based with college degrees, and perform...

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How Does Refinancing a Mortgage Work?
Closed End Funds & TrustsCompany Update

How Does Refinancing a Mortgage Work?

December 13, 2023 3:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 13, 2023 / In an ever-changing interest rate environment, homeowners in Singapore may consider refinancing their home loans to reduce their monthly mortgage monthly repayments. What exactly does refinancing your home loan entail? In simple terms, mortgage refinancing involves replacing your existing home loan with a different loan from another bank. Keep reading to find out how to refinance your home...

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6 Benefits of Getting a Mortgage
Closed End Funds & TrustsCompany Update

6 Benefits of Getting a Mortgage

December 13, 2023 2:30 AM

HONG KONG, CHINA / ACCESSWIRE / December 13, 2023 / Lien has found her dream property; however, she lacks adequate funds to buy the property. Her bank came to her rescue by offering her a mortgage loan, which falls under the category of secured loans. This means that Lien's property now serves as collateral to secure the mortgage loan, and the bank will have the rights to the property till Lien repays the loan in full. Since mortgage loans have...

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5 Benefits of Getting a Personal Loan 
Closed End Funds & TrustsCompany Update

5 Benefits of Getting a Personal Loan 

December 12, 2023 2:30 AM

HONG KONG, CHINA / ACCESSWIRE / December 12, 2023 / Personal loans are the go-to option to tide over a financial crunch. Personal loans help fulfil your cash needs for weddings, medical emergencies, home improvements, and consolidating high-interest debts. Since personal loans are easy to avail, versatile and have a hassle-free application process, they are an ideal option for borrowers. Benefits of Personal Loans You Must Know Before...

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A Beginner’s Guide to Citibank Home Loan
Closed End Funds & TrustsCompany Update

A Beginner’s Guide to Citibank Home Loan

December 12, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 12, 2023 /: Are you planning to purchase a new home or refinance your property in Singapore? If you are on the lookout for flexible mortgage options and loan packages, applying for a home loan with Citibank may be a suitable choice. With Citibank Home Loan , you can look forward to a variety of mortgage interest rate packages with pricing pegged to the Compounded Singapore Overnight Rate Average...

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Spend and Earn at the Same Time with Citi Plus Credit Card
Closed End Funds & TrustsCompany Update

Spend and Earn at the Same Time with Citi Plus Credit Card

December 11, 2023 3:30 AM

HONG KONG, CHINA / ACCESSWIRE / December 11, 2023 / Amongst the plethora of credit card options available, it is necessary to choose a consumer-friendly credit card like the Citi Plus Credit Card, which offers endless opportunities for converting your spending into earnings. Citi Plus Credit Card is designed to provide customers with a multitude of powerful features for a wholesome experience.Here are some features of the Citi Plus Credit...

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5 Ideas on How to Manage Your Personal Loan in Singapore Effectively
Closed End Funds & TrustsCompany Update

5 Ideas on How to Manage Your Personal Loan in Singapore Effectively

December 11, 2023 3:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 11, 2023 / Personal loans are convenient and quick solutions for bridging financial gaps. Though many of us think that meeting the eligibility criteria and getting the loan approved is the toughest part, the real challenge lies in utilising the loan responsibly after accessing it. Many people have suffered financial instability due to mismanagement or irresponsible use of their personal loans....

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How to Apply for a Citibank Mortgage?
Closed End Funds & TrustsCompany Update

How to Apply for a Citibank Mortgage?

December 8, 2023 3:00 AM

HONG KONG, CHINA / ACCESSWIRE / December 8, 2023 / A mortgage loan is a type of secured loan you can apply for when you want to purchase a home or property but do not have sufficient funds to pay for it upfront. Citibank offers multiple mortgage options to cater to your diverse mortgage-related requirements. You can explore these options and apply for mortgage loans from Citibank to enjoy a host of benefits, such as competitive interest rates...

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All You Need to Know about Citibank Personal Loan
Closed End Funds & TrustsCompany Update

All You Need to Know about Citibank Personal Loan

December 8, 2023 2:30 AM

Introduction to Citibank Personal LoansSINGAPORE, SINGAPORE / ACCESSWIRE / December 8, 2023 / Personal Loans can come in handy for various purposes. Whether you are in need of funds to cover unexpected expenses, plan your wedding, renovate your house, or finance your child's education, Citi Personal Loans offer you convenient financial assistance for your unique needs. Additionally, enjoy benefits such as competitive interest rates, flexible...

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How to Apply for a Citi Personal Loan in Hong Kong
Closed End Funds & TrustsCompany Update

How to Apply for a Citi Personal Loan in Hong Kong

December 7, 2023 2:30 AM

HONG KONG, CHINA / ACCESSWIRE / December 7, 2023 / : Whether you wish to fund a vacation, manage wedding expenses, or pay for unforeseen medical bills, Citi personal loans can help you out. With minimal documentation required and quick approval processes, applying for a Citi personal loan is a convenient and hassle-free way to manage your finances.Steps to Apply for a Citi Personal LoanIf you have decided to go for a personal loan with Citibank,...

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What is the Citi Cash Back+ Card, and How does it Work?
Closed End Funds & TrustsCompany Update

What is the Citi Cash Back+ Card, and How does it Work?

December 7, 2023 2:00 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / December 7, 2023 / : Are you on the lookout for a fuss-free credit card that offers limitless cash rebates in Singapore? The Citi Cash Back+ is probably one of the most appealing options on the market. Offering a flat cash back rate on all purchases with no minimum spending and cashback cap, the Citi Cash Back+ Card is ideal if you're looking for a straightforward card with unlimited cash rebates.That said,...

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5 Reasons to Apply for a Citi Plus Account
Closed End Funds & TrustsCompany Update

5 Reasons to Apply for a Citi Plus Account

December 6, 2023 8:30 AM

HONG KONG, CHINA / ACCESSWIRE / December 6, 2023 / Enhance your banking and investing experience from the comfort of your home with a Citi Plus account. With a Citi Plus account , you can enjoy a seamless mobile banking experience as it allows you to enhance your savings while you invest, shop and earn rewards. This way, you can manage your finances, and investment needs with just a few taps on your smart devices.How Citi Plus Can Help You...

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