Closed-end fund

World Financial Split Corp. Announces Year End Results

Retrieved on: 
Monday, March 21, 2022
Universe, Toronto Stock Exchange, TSX, Closed-end fund, GLOBE, WFS, Standard, Net asset value, Income, Fund, Security (finance)

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) -- (TSX: WFS; WFS.PR.A) World Financial Split Corp. (the Fund) announces results of operations for the year ended December 31, 2021.

Key Points: 
  • TORONTO, March 21, 2022 (GLOBE NEWSWIRE) -- (TSX: WFS; WFS.PR.A) World Financial Split Corp. (the Fund) announces results of operations for the year ended December 31, 2021.
  • Increase in net assets attributable to holders of Class A shares amounted to $1.86 million or $1.91 per Class A share.
  • As at December 31, 2021, net assets attributable to holders of Class A shares were $3.19 million or $3.43 per Class A share.
  • Cash distributions to Preferred Shareholders totaling $0.51 million or $0.53 per Preferred share were paid during the year.

S Split Corp Announces Year End Results

Retrieved on: 
Monday, March 21, 2022
Toronto Stock Exchange, GLOBE, TSX, Income, Bank, SBN, Closed-end fund, NAV, BNS, Fund, Scotiabank, Security (finance)

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. (the Fund) announces results of operations for the year ended December 31, 2021.

Key Points: 
  • TORONTO, March 21, 2022 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. (the Fund) announces results of operations for the year ended December 31, 2021.
  • Increase in net assets attributable to holders of Class A shares amounted to $2.65 million or $3.30 per Class A share.
  • As at December 31, 2021, net assets attributable to holders of Class A shares were $4.34 million or $8.53 per Class A share.
  • The Funds Preferred and Class A shares are listed on Toronto Stock Exchange under the symbols SBN.PR.A and SBN respectively.

Templeton Global Income Fund (“GIM” or the “Fund”) Announces Notification of Sources of Distributions

Retrieved on: 
Wednesday, March 30, 2022
Professional Services, Finance, Franklin Templeton Investments, Board, NYSE, Plan, Total return, State Board of Administration of Florida, Specialization, Closed-end fund, Performance, BEN, Time, Income, NAV, Fund, Annual, Life insurance, Trustee

Annual NAV Total Return is the percentage change in the Funds NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Funds NAV over a year, assuming reinvestment of distributions paid.
  • Cumulative Total Return is the percentage change in the Funds NAV from December 31, 2021 through February 28, 2022, assuming reinvestment of distributions paid.
  • Management believes that the increased distribution rate will benefit shareholders consistent with the Funds investment goal to seek high, current income.
  • For further information on Templeton Global Income Fund, please visit our web site at: www.franklintempleton.com
    Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries.

ROC Investments Launches the World’s First ‘Return On Character®’ ETF

Retrieved on: 
Thursday, March 24, 2022
Banking, Professional Services, Finance, Risk, Character, Forgiveness, Chicago, Parent, Composite, Return on investment, Exchange-traded fund, Religion, CEO, ETF, View, Prospectus, LLC, Closed-end fund, Industry, Hope, Investment, Compassion, NAV, Education, Politics, Fund, Management, Security (finance), ROC

ROC Investments today launched the worlds first ETF composed of companies exclusively selected based on the behaviors of their CEO and senior executive teams, the ROC (Return On Character) ETF (Cboe: ROCI).

Key Points: 
  • ROC Investments today launched the worlds first ETF composed of companies exclusively selected based on the behaviors of their CEO and senior executive teams, the ROC (Return On Character) ETF (Cboe: ROCI).
  • ROC Investments, the manager of the strategy, believes the market consistently misprices the value of exceptional character over the long-term, by not measuring it at all.
  • ROC Investments has built an actively managed strategy to invest solely on the basis of the character of corporate leadership.
  • Our hope is that the ROC ETF will show that not only does character matter, but it is the best way to live and invest, said Dan Cooper, Founder and CEO of ROC Investments.

The New Ireland Fund (IRL), Inc. - Webinar Update by the Fund’s Investment Adviser

Retrieved on: 
Tuesday, March 1, 2022
GLOBE, IRL, Euronext, Closed-end fund, NYSE, Euronext Dublin, CIO, Fund, Portfolio manager, New, Financial services

In this update, they provide an overview and outlook of the Irish economy and discuss some key drivers for the Irish Stock market and how they may potentially positively impact the Fund.

Key Points: 
  • In this update, they provide an overview and outlook of the Irish economy and discuss some key drivers for the Irish Stock market and how they may potentially positively impact the Fund.
  • This update is available on the Funds website at the following link:
    Investment Objective: The New Ireland Fund, Inc., (NYSE: IRL) a closed-end diversified investment company seeks long-term capital appreciation through investment primarily in equity securities of Irish securities.
  • The Fund is managed by KBI Global Investors (North America) Ltd, a wholly owned subsidiary of KBI Global Investors Ltd. based in Dublin, Ireland.
  • KBI Global Investors Ltd. is majority owned by Amundi Asset Management, Europes largest asset manager by assets under management.

The China Fund, Inc. Announces Amendment of Record Date

Retrieved on: 
Wednesday, February 9, 2022
People, Investment, Republic, NYSE, The Meeting, New, Closed-end fund, Fund, Security (finance)

The Fund has revised its record date such that Stockholders of record as of February 19, 2022 will be entitled to notice of, and to attend and vote at, the Meeting.

Key Points: 
  • The Fund has revised its record date such that Stockholders of record as of February 19, 2022 will be entitled to notice of, and to attend and vote at, the Meeting.
  • The notice for the Meeting will be mailed to shareholders on or about February 21, 2022.
  • Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol "CHN."
  • For further information regarding the Fund and the Fund's holdings, please call (888)-CHN-CALL or visit the Fund's website at www.chinafundinc.com .

RENN Fund, Inc. Announces Results of Rights Offering

Retrieved on: 
Thursday, January 27, 2022
Banking, Professional Services, Finance, Bangladesh Securities and Exchange Commission, HKAM, Program, Depository Trust & Clearing Corporation, Closed-end fund, FICC, Risk, RCG, View, Fund, Security (finance), Form, Prospectus, NYSE, NYSE MKT, Income, Horizon, Life insurance, Banking, Professional Services, Finance

The RENN Fund, Inc. (NYSE MKT: RCG) (the Fund) announced today the results of its non-transferable rights offering to shareholders of record, which closed to subscriptions on January 21, 2022.

Key Points: 
  • The RENN Fund, Inc. (NYSE MKT: RCG) (the Fund) announced today the results of its non-transferable rights offering to shareholders of record, which closed to subscriptions on January 21, 2022.
  • Aggregate gross proceeds to the Fund were approximately $2,106,383.40, the maximum permitted under the terms of the offering.
  • Furthermore, since the offering was over-subscribed, no shares will be purchased in connection with the backstop agreement between Horizon and the Fund.
  • Murray Stahl, a director of the Fund, exercised all of his basic rights but did not exercise any over-subscription privileges.

The Korea Fund, Inc. Declares Year-End Distributions

Retrieved on: 
Friday, December 17, 2021
Banking, Professional Services, Finance, Fund, New, NAV, Board, New York Stock Exchange, Korea Fund, Calendar, NYSE, Income, Risk, JPMorgan Chase, FDIC, Investment, Financial adviser, Character, Closed-end fund, KF, Life insurance, Bank

The distributions will be payable on January 10, 2022 to shareholders of record on December 27, 2021 with an ex-dividend date of December 23, 2021.

Key Points: 
  • The distributions will be payable on January 10, 2022 to shareholders of record on December 27, 2021 with an ex-dividend date of December 23, 2021.
  • While the total amount of the distributions will not change, the characterization for tax purposes, as stated above, may be different from the characterization of such distributions that existed at the time of this press release.
  • Factors contributing to the character include the varied nature of the Fund's investments and the performance of those investments.
  • Additional information regarding the distributions will be made available at www.thekoreafund.com after the payable date.

The Global Institute for Disease Elimination awards USD1 million to ground-breaking health projects in endemic countries

Retrieved on: 
Sunday, December 12, 2021
Infectious Diseases, Pharmaceutical, Health, Other Health, Research Institute for Tropical Medicine, Closed-end fund, Award, Government, EXPO, Neglected tropical diseases, Lymphatic filariasis, Tropical medicine, Android, Health, Poverty, World, Medical research, Epidemiology, Medical specialty, Polio, Universal Health Coverage Day, Universal health care, Patient, World Health Organization, Disease, Poliovirus, The Global Institute for Tomorrow, Department, Noguchi Memorial Institute for Medical Research, Bill, Health status of White Americans, Onchocerciasis, Aga Khan University, Florida Department of Health, The Bill, Public health, Division, Assistant, Technology, Pediatric nursing, Pharmaceutical industry, Vaccine, Management, Malaria, Woman, GLIDE, the Falcon Awards for Disease Elimination, GLIDE, THE FALCON AWARDS FOR DISEASE ELIMINATION

The Global Institute for Disease Elimination (GLIDE) has announced the winners of its inaugural Falcon Awards for Disease Elimination.

Key Points: 
  • The Global Institute for Disease Elimination (GLIDE) has announced the winners of its inaugural Falcon Awards for Disease Elimination.
  • The Falcon Awards will support community-based initiatives by empowering local actors with the tools and financial backing to rid the world of these preventable diseases.
  • For more information on The Falcon Awards for Disease Elimination and the winners, please visit: https://glideae.org/awards
    For photos of the winners, please click here .
  • The Awards invited submissions from organisations in disease-endemic countries whose proposals address cross-border, cross-disease, cross-programme, or cross-sector approaches to disease elimination.

THE SWISS HELVETIA FUND, INC. ANNOUNCES 2022 REPURCHASE PROGRAM

Retrieved on: 
Monday, December 13, 2021
Insurance, Closed-end fund, Sale, NYSE, Schroders, London Stock Exchange, Schröder, Program, London, Board, Foundation, NAV, Board of directors, Security (finance), Financial services, Fund

The principal purpose of the stock repurchase program is to enhance stockholder value by increasing the Fund's net asset value per share ("NAV") through stock repurchases at below NAV.

Key Points: 
  • The principal purpose of the stock repurchase program is to enhance stockholder value by increasing the Fund's net asset value per share ("NAV") through stock repurchases at below NAV.
  • There can be no assurance that the Fund will repurchase any shares or that the program will enhance stockholder value.
  • The Fund's Board of Directors may amend this program, solely in its discretion, at any time during the duration of the program.
  • The Fund also may invest in Swiss equity and equity-linked securities of Swiss companies that are traded on other major European stock exchanges.