Closed-end fund

Tekla Healthcare Opportunities Fund Paid Distribution

Retrieved on: 
Wednesday, June 30, 2021
Other Professional Services, Professional services, Finance, Investment funds, Finance, Closed-end fund, Tekla, New York Stock Exchange, Economy, Market economics)

The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Key Points: 
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • Tekla Healthcare Opportunities Fund (NYSE: THQ) is a closed-end fund that invests in companies in the healthcare industry.
  • Tekla also serves as investment adviser to Tekla Healthcare Investors (NYSE: HQH), Tekla Life Sciences Investors (NYSE: HQL) and Tekla World Healthcare Fund (NYSE: THW), closed-end funds that invest in companies in the healthcare and life sciences industries.
  • Information regarding the Funds and Tekla Capital Management LLC can be found at www.teklacap.com .

Tekla Healthcare Investors Paid Distribution

Retrieved on: 
Wednesday, June 30, 2021
Professional services, Finance, Building information modeling, Product lifecycle management, Tekla, Closed-end fund, Market economics), Economy, Software

Tekla Healthcare Investors (NYSE: HQH) is a closed-end fund that invests in companies in the healthcare industry.

Key Points: 
  • Tekla Healthcare Investors (NYSE: HQH) is a closed-end fund that invests in companies in the healthcare industry.
  • Tekla Capital Management LLC, the Funds investment adviser, is a Boston, MA based healthcare-focused investment manager with approximately $3.3 billion of assets under management as of March 31, 2021.
  • Tekla also serves as investment adviser to Tekla Life Sciences Investors (NYSE: HQL), Tekla Healthcare Opportunities Fund (NYSE: THQ) and Tekla World Healthcare Fund (NYSE: THW), closed-end funds that invest in companies in the healthcare and life sciences industries.
  • Information regarding the Funds and Tekla Capital Management LLC can be found at www.teklacap.com .

Pioneer Municipal High Income Fund, Inc. Required Notice to Shareholders Sources of Distribution Under Section 19(a)

Retrieved on: 
Wednesday, June 30, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Investment funds, Investment, Mathematical finance, Rate of return, Closed-end fund, Capital gains tax, Income tax in the United States

The fund estimates that a portion of the distribution does not represent income or realized capital gains.

Key Points: 
  • The fund estimates that a portion of the distribution does not represent income or realized capital gains.
  • A return of capital distribution does not necessarily reflect the fund's investment performance and should not be considered "yield" or "income."
  • The amounts and sources of distributions reported under the notice are only estimates and are not being provided for tax reporting purposes.
  • Pioneer Municipal High Income Fund, Inc. is a closed-end investment company traded on the New York Stock Exchange (NYSE) under the symbol MHI.

The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Results of Each Fund’s Annual Meeting of Stockholders

Retrieved on: 
Thursday, June 24, 2021
Professional services, Finance, Finance, Money, Financial economics, Equity securities, Stock market, Closed-end fund, Stock

Stockholders also ratified the appointment of Ernst & Young LLP as the independent auditors for GF and CEE for each Funds respective 2021 fiscal year.

Key Points: 
  • Stockholders also ratified the appointment of Ernst & Young LLP as the independent auditors for GF and CEE for each Funds respective 2021 fiscal year.
  • For more information on the Funds, including their most recent month-end performance, visit dws.com or call (800) 349-4281.
  • There is a one time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange.
  • The price of a funds shares is determined by a number of factors, several of which are beyond the control of the fund.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Wednesday, June 23, 2021
Professional services, Finance, Finance, Money, Investment funds, Investment, Exchange-traded funds, Closed-end fund, Index fund, Unit investment trust, ETF, Mutual fund, SPDR, Ark Invest

FTA has collective assets under management or supervision of approximately $199 billion as of May 31, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $199 billion as of May 31, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.
  • Certain Funds have fewer assets than larger, more established funds, and like other relatively new funds, large inflows and outflows may impact such Funds' market exposure for limited periods of time.
  • The First Trust Natural Gas ETF, First Trust Water ETF, First Trust Global Engineering and Construction ETF, First Trust Global Wind Energy ETF, First Trust Cloud Computing ETF and First Trust BICK Index Fund are not sponsored, endorsed, sold or promoted by the International Securities Exchange (ISE).

PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Closed End Funds

Retrieved on: 
Monday, June 21, 2021
Finance, Money, Investment funds, Investment, Investment management, Open-end fund, Closed-end fund, Net asset value, PIMCO, Institutional investors, Mutual funds, Exchange-traded fund

The Manager, PIMCO Canada, retains Pacific Investment Management Company, LLC (PIMCO), to provide investment management services to the Funds.

Key Points: 
  • The Manager, PIMCO Canada, retains Pacific Investment Management Company, LLC (PIMCO), to provide investment management services to the Funds.
  • Closed end funds, unlike open end funds, are not continuously offered.
  • After the initial public offering, shares of closed end funds are sold on the open market through a stock exchange.
  • Units of closed end funds frequently trade at a discount to their net asset value, which may increase risk of loss.

StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of May 2021

Retrieved on: 
Thursday, June 17, 2021
Finance, Investment management, Investment funds, Net asset value, Closed-end fund, Investment, NAV

DENVER, June 17, 2021 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp., (NASDAQ:BANX) ("StoneCastle Financial" or the Company), today announced that the Companys estimated and unaudited Net Asset Value (NAV) as of May 31, 2021 was $21.92.

Key Points: 
  • DENVER, June 17, 2021 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp., (NASDAQ:BANX) ("StoneCastle Financial" or the Company), today announced that the Companys estimated and unaudited Net Asset Value (NAV) as of May 31, 2021 was $21.92.
  • This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended May 31, 2021.
  • StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol "BANX.
  • Shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value.

Highland Income Fund Announces Proposal to Convert Fund to Diversified Holding Company

Retrieved on: 
Monday, June 14, 2021
Finance, Investment, Money, Investment funds, Highland Capital Management, Closed-end fund, Alternative investment management companies, Highland Capital, Institutional investors, Hedge funds, Mutual fund scandal

DALLAS, June 14, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (HFRO or the Fund), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the Adviser), today announced the filing of a preliminary proxy statement with the Securities and Exchange Commission (the SEC) for a special meeting of shareholders (Special Meeting) in connection with its proposal to convert the Fund from a registered investment company to a diversified holding company (the Holding Company).

Key Points: 
  • DALLAS, June 14, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (HFRO or the Fund), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the Adviser), today announced the filing of a preliminary proxy statement with the Securities and Exchange Commission (the SEC) for a special meeting of shareholders (Special Meeting) in connection with its proposal to convert the Fund from a registered investment company to a diversified holding company (the Holding Company).
  • The Highland Income Fund (NYSE:HFRO) is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. For more information visit www.highlandfunds.com/income-fund/
    About Highland Capital Management Fund Advisors, L.P.
    Highland Capital Management Fund Advisors, L.P. is an SEC-registered investment adviser.
  • Investors should consider the investment objectives, risks, charges and expenses of the Highland Income Fund carefully before investing.
  • 1 The Holding Company would pursue minority interests consistent with maintaining exclusion from investment company status.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Thursday, June 10, 2021
Professional services, Finance, Finance, Money, Investment funds, Investment, Closed-end fund, Exchange-traded fund, Mutual fund, Investment trust, Unit investment trust, Exchange-traded product, Unit trust

FTA has collective assets under management or supervision of approximately $199 billion as of May 31, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $199 billion as of May 31, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Principal Risk Factors: A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • First Trust Municipal CEF Income Opportunity ETF (MCEF) and First Trust CEF Income Opportunity ETF (FCEF) invest in closed-end funds (CEFs).
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

The Herzfeld Caribbean Basin Fund, Inc. Announces Quarterly Distribution

Retrieved on: 
Thursday, June 10, 2021
Thomas J. Herzfeld, Thomas Jefferson University, Finance, Money, Herzfeld, Financial adviser, Closed-end fund, Economy

The Plan is subject to ongoing review by the Board to determine whether it should be continued, modified or terminated.

Key Points: 
  • The Plan is subject to ongoing review by the Board to determine whether it should be continued, modified or terminated.
  • The amendment or termination of the Plan could have an adverse effect on the market price of the Fund's shares.
  • Thomas J. Herzfeld Advisors, Inc., founded in 1984, is an SEC registered investment advisor, specializing in investment analysis and account management in closed-end funds.
  • The HERZFELD/CUBA division of Thomas J. Herzfeld Advisors, Inc. serves as the investment advisor to The Herzfeld Caribbean Basin Fund, Inc. a publicly traded closed-end fund (NASDAQ: CUBA).