Investment trust

GBAB Announces Effectiveness of Investment Policy Modifications and Name Change

Retrieved on: 
Thursday, November 19, 2020
Common law, Equity, Inheritance, Trust law, Law, Finance, Money, Investment funds, Income trust, Investment trust

The modifications are primarily intended to provide the Trust with greater investment flexibility while remaining consistent with the Trusts overall investment objectives.

Key Points: 
  • The modifications are primarily intended to provide the Trust with greater investment flexibility while remaining consistent with the Trusts overall investment objectives.
  • In connection with the investment policy modifications the Trusts name changed to: Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust.
  • No action is required by shareholders of the Trust in connection with these investment policy modifications or the change in the Trusts name.
  • Investors should consider the investment objectives and policies, risk considerations, charges and expenses of any investment before they invest.

M&G Credit Income Investment Trust plc: Transaction in Own Shares

Retrieved on: 
Thursday, November 19, 2020
Stock market, Finance, Equity securities, Money, Financial economics, Share, Investment trust, Corporate finance, Investment

M&G Credit Income Investment Trust plc: Transaction in Own Shares

Key Points: 
  • M&G Credit Income Investment Trust plc: Transaction in Own Shares
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • The Company announces that on 19 November 2020 the Company purchased 10,000 ordinary shares of 1p each at a price of 90p per share.
  • Following settlement of this purchase the issued share capital of the Company will be 144,715,771 Ordinary Shares, excluding 30,000 shares held in treasury.

M&G Credit Income Investment Trust plc: Director Declaration

Retrieved on: 
Wednesday, November 18, 2020
Investment trust

In accordance with LR 9.6.14 R the Company has been informed that Ms Barbara Powley, a Non-Executive Director of the Company, has been appointed as a Non-Executive Director of Montanaro UK Smaller Companies Investment Trust plc with effect from 18 November 2020.

Key Points: 

In accordance with LR 9.6.14 R the Company has been informed that Ms Barbara Powley, a Non-Executive Director of the Company, has been appointed as a Non-Executive Director of Montanaro UK Smaller Companies Investment Trust plc with effect from 18 November 2020.

Voya Equity Closed End Funds Declare Distributions

Retrieved on: 
Monday, November 16, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Financial ratios, Investment funds, Closed-end fund, Return of capital, Dividend, Rate of return, Voya Financial, Investment trust

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distributions on the common shares of two of its closed-end funds (each a "Fund" and collectively, the "Funds").

Key Points: 
  • Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distributions on the common shares of two of its closed-end funds (each a "Fund" and collectively, the "Funds").
  • Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.
  • The tax character of each Fund's option strategy is largely determined by movements in, and gain and loss realizations in the underlying equity portfolio.
  • Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

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

Retrieved on: 
Tuesday, November 10, 2020
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 $147 billion as of October 31, 2020 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 $147 billion as of October 31, 2020 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.

Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.13

Retrieved on: 
Tuesday, November 10, 2020
REIT, Finance, Banking, Professional services, Construction & Property, Real estate investment trust, Dividend, DX, Investment trust

Dynex Capital, Inc. (NYSE: DX) announced today the Companys Board of Directors has declared a cash dividend of $0.13 per common share for November 2020.

Key Points: 
  • Dynex Capital, Inc. (NYSE: DX) announced today the Companys Board of Directors has declared a cash dividend of $0.13 per common share for November 2020.
  • The dividend is payable on December 1, 2020 to shareholders of record on November 20, 2020.
  • Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis.
  • Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com .

Alpine Income Property Trust Announces Acquisition of Single Tenant Property Net Leased to Dollar General

Retrieved on: 
Tuesday, November 10, 2020
Finance, Money, Capitalization rate, Real estate valuation, Investment trust, Real estate investment trust, Leasing, Real property law, NNN lease

DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the Company) announced today it has acquired a single tenant net leased income property located in Kermit, Texas and leased to Dollar General (the Acquisition).

Key Points: 
  • DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the Company) announced today it has acquired a single tenant net leased income property located in Kermit, Texas and leased to Dollar General (the Acquisition).
  • The lease is guaranteed by the investment grade rated Dollar General parent entity.
  • The Company has acquired $101.2 million of single tenant net leased properties year-to-date, with a weighted average going-in cap rate of 6.9%.
  • About Alpine Income Property Trust, Inc.
    Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.

CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for November

Retrieved on: 
Monday, November 9, 2020
Professional services, Other Professional Services, Other Construction & Property, Finance, Construction & Property, REIT, Money, Finance, Economy, Financial ratios, Investment trust, Real estate investment trust, Income tax in the United States, Rate of return, Income tax, Form, Return of capital, Income trust

SHAREHOLDERS WILL BE SENT A FORM 1099-DIV FOR THE CALENDAR YEAR INDICATING HOW TO REPORT FUND DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.

Key Points: 
  • SHAREHOLDERS WILL BE SENT A FORM 1099-DIV FOR THE CALENDAR YEAR INDICATING HOW TO REPORT FUND DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
  • The estimated allocations presented above are based on the Funds monthly calculation of its year-to-date net investment income, capital gains and returns of capital.
  • The Funds investment income is mainly comprised of distributions received from the real estate investment trusts (REITs) and other companies in which it invests.
  • Net investment income refers to the Funds investment income offset by its expenditures, which include the fees paid to the investment adviser and other service providers.

New Star Investment Trust PLC: Net Asset Value(s)

Retrieved on: 
Friday, November 6, 2020
Investment funds, Investment management, Net asset value, Investment trust

It is announced that the unaudited Net Asset Values per Ordinary share (calculated on bid prices) of New Star Investment Trust plc, an investment trust managed by Brompton Asset Management LLP, on 31 October 2020 were as follows:

Key Points: 

It is announced that the unaudited Net Asset Values per Ordinary share (calculated on bid prices) of New Star Investment Trust plc, an investment trust managed by Brompton Asset Management LLP, on 31 October 2020 were as follows:

Ares Commercial Real Estate Corporation Reports Third Quarter 2020 Results

Retrieved on: 
Thursday, October 29, 2020
REIT, Finance, Professional services, Commercial Building & Real Estate, Construction & Property, Finance, Financial markets, Corporate finance, Ares Management, Real estate investment trust, Dividend, Ares, Stock, Investment trust, Apollo Global Management

Ares Commercial Real Estate Corporation (the Company) (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles (GAAP) net income of $14.9 million or $0.44 per diluted common share and Core Earnings(1) of $10.5 million or $0.31 per diluted common share for the third quarter of 2020.

Key Points: 
  • Ares Commercial Real Estate Corporation (the Company) (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles (GAAP) net income of $14.9 million or $0.44 per diluted common share and Core Earnings(1) of $10.5 million or $0.31 per diluted common share for the third quarter of 2020.
  • The third quarter 2020 dividend was paid on October 15, 2020 to common stockholders of record as of September 30, 2020.
  • Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments.
  • Ares Commercial Real Estate Corporation elected and qualified to be taxed as a real estate investment trust and is externally managed by a subsidiary of Ares Management Corporation.