Income fund

Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions

Retrieved on: 
Tuesday, August 6, 2019
Finance, REIT, Professional services, Construction & Property, Economy, Finance, Money, Funds, Financial ratios, Investment, Dividend, Shareholders, Income fund, Form, Rate of return, Stock fund

Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0908 per share.

Key Points: 
  • Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0908 per share.
  • The primary investment objective is to seek high current income; capital appreciation is a secondary objective.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • 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.

Sortis Income Fund Delivers 10th Consecutive Quarter of Returns That Exceed Target

Retrieved on: 
Tuesday, July 30, 2019
Banking, Professional services, Finance, Funds, Income fund, Sortis Income Fund LLC, Sortis Holdings

The Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc. (SOHI).

Key Points: 
  • The Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc. (SOHI).
  • Weve now delivered 10 consecutive quarters of earnings that surpass our target, said Jef Baker, fund officer.
  • The Sortis Income Fund LLC is an unlevered real estate note fund that allows quarterly distributions or reinvestment at investor discretion.
  • Sortis Income Fund is an evergreen real estate loan fund offered through private placement to accredited investors.

Delaware Enhanced Global Dividend and Income Fund Appoints Chris Gowlland as Co-Manager

Retrieved on: 
Tuesday, July 16, 2019
Professional services, Finance, Funds, Dividend, Shareholders, Income fund

Today, Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, announced that, effective July 26, 2019, Chris Gowlland will be appointed as co-manager for the Fund.

Key Points: 
  • Today, Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, announced that, effective July 26, 2019, Chris Gowlland will be appointed as co-manager for the Fund.
  • Mr. Gowlland will join Damon J. Andres, Wayne A. Anglace, Adam H. Brown, Liu-Er Chen, Craig C. Dembek, Roger A.
  • Chris Gowlland, CFA, Vice President, Senior Quantitative Analyst, is senior quantitative analyst for the firms equity department.
  • The Fund also uses enhanced income strategies by engaging in dividend capture trading; option overwriting; and realization of gains on the sale of securities, dividend growth, and currency forwards.

Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions

Retrieved on: 
Tuesday, July 2, 2019
Finance, REIT, Professional services, Construction & Property, Economy, Finance, Money, Funds, Financial ratios, Investment, Dividend, Shareholders, Income fund, Form, Rate of return, Stock fund

Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0911 per share.

Key Points: 
  • Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0911 per share.
  • The primary investment objective is to seek high current income; capital appreciation is a secondary objective.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • 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.

Delaware Enhanced Global Dividend and Income Fund Announces Distributions

Retrieved on: 
Tuesday, July 2, 2019
Professional services, Finance, Economy, Finance, Money, Funds, Dividend, Shareholders, Investment, Financial markets, Financial ratios, Income fund, Rate of return

Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.0917 per share.

Key Points: 
  • Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.0917 per share.
  • The Fund also uses enhanced income strategies by engaging in dividend capture trading; option overwriting; and realization of gains on the sale of securities, dividend growth, and currency forwards.
  • In addition, the Fund utilizes leveraging techniques in an attempt to obtain higher return for the Fund.
  • 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.

Delaware Enhanced Global Dividend and Income Fund Announces Expiration of Tender Offer

Retrieved on: 
Friday, June 28, 2019
Banking, Professional services, Finance, Financial markets, Stock market, Finance, Money, Equity securities, Dividend, Shareholders, Funds, Share, Security, Income fund, Share repurchase

Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) (the Fund), a closed-end management investment company, today announced the preliminary results of its issuer tender offer to purchase for cash up to 631,965 of its common shares (Common Shares), representing up to five percent of its issued and outstanding Common Shares, without par value.

Key Points: 
  • Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) (the Fund), a closed-end management investment company, today announced the preliminary results of its issuer tender offer to purchase for cash up to 631,965 of its common shares (Common Shares), representing up to five percent of its issued and outstanding Common Shares, without par value.
  • The final number of Common Shares validly tendered and accepted pursuant to the tender offer will be announced at a later date.
  • The Fund also uses enhanced income strategies by engaging in dividend capture trading; option overwriting; and realization of gains on the sale of securities, dividend growth, and currency forwards.
  • In addition, the Fund utilizes leveraging techniques in an attempt to obtain higher return for the Fund.

The Reaves Utility Income Fund Increases Its Monthly Distribution 5.88% to $0.18 Per Share

Retrieved on: 
Monday, June 17, 2019
Professional services, Banking, Finance, Finance, Money, Economy, Funds, Investment funds, Investment, Institutional investors, Closed-end fund, Mutual fund, Net asset value, Income fund

The Reaves Utility Income Fund (NYSE MKT: UTG) is pleased to announce a 5.88% increase in its annual distribution to $2.16, to be paid monthly, beginning in July, at the rate of $0.18 per common share.

Key Points: 
  • The Reaves Utility Income Fund (NYSE MKT: UTG) is pleased to announce a 5.88% increase in its annual distribution to $2.16, to be paid monthly, beginning in July, at the rate of $0.18 per common share.
  • As of June 12, 2019, the Funds market price was $35.07 per share and its net asset value was $34.76 per share.
  • Delivering an above average and rising income stream in a climate of declining interest rates is consistent with the Funds income objective established at its formation.
  • The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do.

Clough Global Dividend and Income Fund Declares a Monthly Cash Distribution of $0.1023 Per Share

Retrieved on: 
Friday, June 7, 2019
Professional services, Banking, Finance, Finance, Money, Economy, Institutional investors, Funds, Mutual fund, Hedge fund, Stock fund, Income fund, Dividend, Virtus Investment Partners

Today, the Board of Trustees (the Board) for the Clough Global Dividend and Income Fund (the Fund) has declared a monthly cash distribution of $0.1023 per common share.

Key Points: 
  • Today, the Board of Trustees (the Board) for the Clough Global Dividend and Income Fund (the Fund) has declared a monthly cash distribution of $0.1023 per common share.
  • The Fund is a closed-end fund with an investment objective of providing a high level of total return.
  • Clough Capital is a Boston-based investment advisory firm which manages approximately $1.7 billion in assets: $695 million in hedge fund and institutional accounts; $94 million in open-end mutual funds; and $960 million in three closed-end funds (as of March 31, 2019) Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).
  • The Clough Global Dividend and Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do.

Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions

Retrieved on: 
Tuesday, June 4, 2019
Professional services, REIT, Banking, Finance, Construction & Property, Finance, Money, Funds, Economy, Dividend, Shareholders, Investment, Form, Bond, Income fund, Institutional investors, Stock fund

Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0918 per share.

Key Points: 
  • Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0918 per share.
  • The primary investment objective is to seek high current income; capital appreciation is a secondary objective.
  • Up to 35% of the Fund's total assets may be invested in nonconvertible debt securities consisting primarily of high-yield, high-risk corporate bonds.
  • 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.

Delaware Enhanced Global Dividend and Income Fund Announces Distributions

Retrieved on: 
Tuesday, June 4, 2019
Professional services, Banking, Finance, Economy, Finance, Money, Funds, Dividend, Shareholders, Investment, Financial markets, Financial ratios, Income fund, Rate of return

Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.0918 per share.

Key Points: 
  • Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.0918 per share.
  • The Fund also uses enhanced income strategies by engaging in dividend capture trading; option overwriting; and realization of gains on the sale of securities, dividend growth, and currency forwards.
  • In addition, the Fund utilizes leveraging techniques in an attempt to obtain higher return for the Fund.
  • 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.