Income fund

Director Declaration

Retrieved on: 
Friday, May 3, 2024
Income fund

In accordance with LR 9.6.14 R the Company has been informed that Ms Jane Routledge, an Independent Non-Executive Director of the Company, has been appointed as an Independent Non-Executive Director of abrdn Asian Income Fund Limited with effect from the conclusion of abrdn Asian Income Fund Limited’s Annual General Meeting to be held on 8 May 2024.

Key Points: 
  • In accordance with LR 9.6.14 R the Company has been informed that Ms Jane Routledge, an Independent Non-Executive Director of the Company, has been appointed as an Independent Non-Executive Director of abrdn Asian Income Fund Limited with effect from the conclusion of abrdn Asian Income Fund Limited’s Annual General Meeting to be held on 8 May 2024.

Edison issues update on abrdn Asian Income Fund (AAIF): All looking good in terms of income and growth

Retrieved on: 
Friday, May 3, 2024
Income fund, Communication, MSCI

abrdn Asian Income Fund (AAIF) recently posted an upbeat set of results.

Key Points: 
  • abrdn Asian Income Fund (AAIF) recently posted an upbeat set of results.
  • This location is an advantage in terms of communication and developing strong corporate/organisational relationships, along with seeking opportunities that may be overlooked by other Asian equity investors.
  • AAIF’s portfolio holds some of the most successful Asian companies as well as younger firms with promising futures.
  • Despite a respectable performance record versus its four peers in the AIC Asia Pacific Equity Income sector, AAIF currently has the second-widest discount.

Fairholme Funds, Inc. December 2023 Dividend Distributions

Retrieved on: 
Friday, December 15, 2023
Professional Services, Finance, Pooled income fund, Investment, Risk, Funding, Prospectus, Income fund

The Fairholme Fund is non-diversified, which means that The Fairholme Fund invests in a smaller number of securities when compared to more diversified funds.

Key Points: 
  • The Fairholme Fund is non-diversified, which means that The Fairholme Fund invests in a smaller number of securities when compared to more diversified funds.
  • Therefore, The Fairholme Fund is exposed to greater individual stock volatility than a diversified fund.
  • The Fairholme Fund also invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.
  • The Fairholme Focused Income Fund (the “Income Fund”) is a non-diversified mutual fund, which means that the Income Fund invests in a smaller number of securities when compared to more diversified funds.

Edison issues update on abrdn Asian Income Fund (AAIF): Quality and value focus with an attractive yield

Retrieved on: 
Tuesday, December 12, 2023
Income fund, MSCI

abrdn Asian Income Fund (AAIF) is managed by abrdn’s Singapore-based Asian equity team.

Key Points: 
  • abrdn Asian Income Fund (AAIF) is managed by abrdn’s Singapore-based Asian equity team.
  • As a local investor, the research team collectively speaks multiple Asian languages, so it can communicate with companies’ management teams in their native tongues.
  • AAIF is a low-beta fund, with its managers seeking both income and capital growth and an attractive yield.
  • AAIF offers an attractive yield and is building on its record of 14 years of consecutive dividend growth.

The Sortis Income Fund Available on Templum One, Expanding Investment Opportunities for Investors

Retrieved on: 
Thursday, November 9, 2023
CRE, Environment, Glossary of ancient Roman religion, Investment, Income fund, Security (finance)

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- Templum, Inc. ("Templum"), the operating system for private markets and alternative assets™ announced today that investors can now access the Sortis Income Fund (SIF), an alternative debt fund for commercial real estate, with a focus on Western US markets on Templum One.

Key Points: 
  • NEW YORK, Nov. 9, 2023 /PRNewswire/ -- Templum, Inc. ("Templum"), the operating system for private markets and alternative assets™ announced today that investors can now access the Sortis Income Fund (SIF), an alternative debt fund for commercial real estate, with a focus on Western US markets on Templum One.
  • Templum One has revolutionized private and alternative securities markets by seamlessly linking issuers, such as Sortis, with a diverse array of investors through a cutting-edge, cloud-based platform.
  • "We are excited to offer a variety of investment vehicles like the Income Fund from Sortis on Templum One," said Christopher Pallotta, founder and CEO of Templum.
  • "Templum is uniquely positioned to offer issuers like Sortis access to a differentiated investor base often unavailable through traditional channels.

Franklin Income Fund Marks 75 Years of Delivering Income to Investors, Paying Uninterrupted Dividends Since 1948

Retrieved on: 
Wednesday, September 6, 2023
Asset Management, Professional Services, Finance, Risk management, Research, History, ETF, Retirement, Income fund, INCM, Franklin Templeton Investments, CIO, NYSE, Franklin, Pharmaceutical industry, Security (finance)

Franklin Templeton is commemorating the 75th anniversary of its Franklin Income strategy, introduced in 1948 with the launch of Franklin Income Fund [Nasdaq: FRIAX].

Key Points: 
  • Franklin Templeton is commemorating the 75th anniversary of its Franklin Income strategy, introduced in 1948 with the launch of Franklin Income Fund [Nasdaq: FRIAX].
  • “Franklin Income Fund was introduced by the company’s founder Rupert H. Johnson Sr. to address investors’ need for income, particularly in their retirement years,” said Jenny Johnson, president and CEO of Franklin Templeton.
  • “The hallmark of the strategy is not just generating income, but ensuring portfolios are capable of delivering income on a consistent basis for clients,” said Ed Perks, CIO of Franklin Income Investors and lead portfolio manager of Franklin Income Fund.
  • Initially only available to US investors via Franklin Income Fund, the Franklin Income strategy is now available across regions—APAC, EMEA and Americas.

PGP Statement on SEC Settlement

Retrieved on: 
Friday, June 16, 2023
New York Stock Exchange, Calendar, PIMCO, FDIC, PGP, Annual report, Fund, Income fund, NYSE, Federal Reserve Board of Governors, Security (finance)

NEW YORK, June 16, 2023 (GLOBE NEWSWIRE) -- Pacific Investment Management Company LLC (“PIMCO”), the investment manager of PIMCO Global StocksPLUS® & Income Fund (NYSE: PGP), a closed-end fund (“PGP” or the “Fund”), has entered into a settlement with the U.S. Securities and Exchange Commission (“SEC”) that relates to PGP.

Key Points: 
  • NEW YORK, June 16, 2023 (GLOBE NEWSWIRE) -- Pacific Investment Management Company LLC (“PIMCO”), the investment manager of PIMCO Global StocksPLUS® & Income Fund (NYSE: PGP), a closed-end fund (“PGP” or the “Fund”), has entered into a settlement with the U.S. Securities and Exchange Commission (“SEC”) that relates to PGP.
  • The settlement, which contains SEC findings that PIMCO neither admits nor denies, does not affect in any way PIMCO’s ability to manage PGP or any other client fund or account.
  • The settlement relates to disclosures concerning paired interest rate swaps used by PGP, which the SEC alleges became a more significant source of the Fund’s current distributable income from September 1, 2014 through August 26, 2016.
  • PIMCO has agreed to pay the SEC $6.5 million in monetary penalties to settle the matter.

Franklin Templeton Launches Franklin Income Focus ETF (INCM)

Retrieved on: 
Thursday, June 8, 2023
Finance, Consulting, Banking, Professional Services, Asset Management, Uncertainty, Philosophy, ETF, Income fund, INCM, Franklin Templeton Investments, NYSE Arca, Risk, Franklin, Security (finance), Financial adviser

Franklin Templeton today launched the firm’s first multi-asset exchange-traded fund (ETF), Franklin Income Focus ETF , on NYSE Arca under the ticker INCM.

Key Points: 
  • Franklin Templeton today launched the firm’s first multi-asset exchange-traded fund (ETF), Franklin Income Focus ETF , on NYSE Arca under the ticker INCM.
  • INCM is managed by Franklin Income Investors, which oversees nearly $85 billion in multi-asset income strategies, including one of the firm’s flagship funds, Franklin Income Fund .
  • “Franklin Income Fund will soon celebrate its 75th year of delivering uninterrupted dividends to clients through every type of market environment,” said Jenny Johnson, CEO, Franklin Templeton.
  • “For years, we have received feedback from investors who wanted a multi-asset ETF managed by Franklin Income Investors, the same team as our flagship Franklin Income Fund.

Fairholme Funds, Inc. December 2022 Dividend Distributions

Retrieved on: 
Friday, December 16, 2022
Professional Services, Finance, Funding, Allocation, Asset, Fairholme, Investment, Pooled income fund, Income fund, Prospectus, Risk, Security (finance)

The Fairholme Fund is non-diversified, which means that The Fairholme Fund invests in a smaller number of securities when compared to more diversified funds.

Key Points: 
  • The Fairholme Fund is non-diversified, which means that The Fairholme Fund invests in a smaller number of securities when compared to more diversified funds.
  • Therefore, The Fairholme Fund is exposed to greater individual stock volatility than a diversified fund.
  • The Fairholme Fund also invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.
  • The Fairholme Fund may also invest in “special situations” to achieve its objectives.

Noranda Income Fund Annual General Meeting Voting Results

Retrieved on: 
Thursday, June 16, 2022
Toronto Stock Exchange, Zinc, Honeywell Uranium Hexafluoride Processing Facility, Income fund, Mining

Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol NIF.UN.

Key Points: 
  • Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol NIF.UN.
  • Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the Processing Facility) located in Salaberry-de-Valleyfield, Quebec.
  • The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America, where the majority of zinc customers are located.
  • Further information about Noranda Income Fund can be found at: www.norandaincomefund.com