Income fund

Clough Capital Partners L.P. Announces Market Update Call

Retrieved on: 
Tuesday, June 8, 2021
Finance, Corporate finance, Money, Investment funds, Income fund, Stock fund, Rights issue, Dividend, Prospectus

DENVER, June 8, 2021 /PRNewswire/ --Clough Capital Partners L.P. ("Clough") will host a market update conference call for theClough Global Dividend and Income Fund (GLV), the Clough Global Equity Fund (GLQ), and the Clough Global Opportunities Fund (GLO)onThursday, June 10th at 2:30 PM EDT.The call will feature Chuck Clough, Chairman, Co-CIO, and Portfolio Manager, along with Rob Zdunczyk, Head of Fixed Income and Portfolio Manager.

Key Points: 
  • DENVER, June 8, 2021 /PRNewswire/ --Clough Capital Partners L.P. ("Clough") will host a market update conference call for theClough Global Dividend and Income Fund (GLV), the Clough Global Equity Fund (GLQ), and the Clough Global Opportunities Fund (GLO)onThursday, June 10th at 2:30 PM EDT.The call will feature Chuck Clough, Chairman, Co-CIO, and Portfolio Manager, along with Rob Zdunczyk, Head of Fixed Income and Portfolio Manager.
  • Each of the funds listed above (collectively, the "Funds" and each, a "Fund") are currently conducting a one for three transferrable rights offering.
  • Each Fund has mailed subscription certificates evidencing the subscription rights and a copy of the prospectus supplement for the rights offering.
  • This press release shall not constitute an offer to sell or constitute a solicitation of an offer to buy.

Delaware Enhanced Global Dividend and Income Fund Announces Distributions

Retrieved on: 
Wednesday, June 2, 2021
Professional services, Finance, Finance, Money, Economy, Investment funds, Dividend, Shareholders, Financial ratios, Equity securities, Income fund, Rate of return, Share

Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, declared a monthly distribution of $0.0598 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, declared a monthly distribution of $0.0598 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 Investments® Dividend and Income Fund, Inc. Announces Distributions

Retrieved on: 
Wednesday, June 2, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Investment funds, Financial ratios, Equity securities, Dividend, Shareholders, Income fund, Form, Rate of return, Income tax in the United States

Today, Delaware Investments Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DDF, declared a monthly distribution of $0.0668 per share.

Key Points: 
  • Today, Delaware Investments Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DDF, declared a monthly distribution of $0.0668 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.

Templeton Global Income Fund (“GIM”) Announces Distribution

Retrieved on: 
Tuesday, June 1, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Financial ratios, Investment funds, Investment, Dividend, Shareholders, Taxation in Australia, Return of capital, Income fund, Rate of return

Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0368 per share, payable on June 30, 2021, to shareholders of record on June 15, 2021 (Ex-Dividend Date: June 14, 2021).

Key Points: 
  • Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0368 per share, payable on June 30, 2021, to shareholders of record on June 15, 2021 (Ex-Dividend Date: June 14, 2021).
  • The Fund is managed with a goal of generating as much of the distribution as possible from net ordinary income and short-term capital gains, that is consistent with the Funds investment strategy and risk profile.
  • To the extent that sufficient distributable income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Months of June, July, August, September, October, and November 2021

Retrieved on: 
Wednesday, May 26, 2021
Professional services, Finance, Finance, Money, Economy, Income fund, Taxation in Australia, Financial ratios, Taxation in the United States, Taxation in Canada

**The October and November distributions for the Western Asset Inflation-Linked Opportunities & Income Fund (WIW) will be declared at the next board meeting.

Key Points: 
  • **The October and November distributions for the Western Asset Inflation-Linked Opportunities & Income Fund (WIW) will be declared at the next board meeting.
  • Pursuant to its managed distribution policy, each Fund intends to make regular monthly distributions to shareholders at a fixed rate per common share, which rate may be adjusted from time to time by the Funds Board of Trustees.
  • The Board of Trustees may modify, terminate or suspend the managed distribution policy at any time.
  • The Funds distributions have been set based on the current level of income generated from the Funds investment portfolio and accumulated capital gains, if any.

Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions

Retrieved on: 
Tuesday, May 18, 2021
Banking, Professional services, Insurance, Finance, Financial District, San Francisco, Finance, Money, Investment funds, Wells Fargo, Economy, Income fund, Dividend, Companies listed on the New York Stock Exchange

b'These funds make distributions in accordance with a managed distribution plan that provides for the declaration of monthly distributions (in the case of the Wells Fargo Income Opportunities Fund, the Wells Fargo Multi-Sector Income Fund and the Wells Fargo Utilities and High Income Fund) or quarterly distributions (in the case of the Wells Fargo Global Dividend Opportunity Fund) to common shareholders of the fund at an annual minimum fixed rate of 7% for the Wells Fargo Utilities and High Income Fund, 8% for the Wells Fargo Income Opportunities Fund, 9% for the Wells Fargo Multi-Sector Income Fund, and 10% for the Wells Fargo Global Dividend Opportunity Fund based on the fund\xe2\x80\x99s average monthly net asset value (NAV) per share over the prior 12 months.

Key Points: 
  • b'These funds make distributions in accordance with a managed distribution plan that provides for the declaration of monthly distributions (in the case of the Wells Fargo Income Opportunities Fund, the Wells Fargo Multi-Sector Income Fund and the Wells Fargo Utilities and High Income Fund) or quarterly distributions (in the case of the Wells Fargo Global Dividend Opportunity Fund) to common shareholders of the fund at an annual minimum fixed rate of 7% for the Wells Fargo Utilities and High Income Fund, 8% for the Wells Fargo Income Opportunities Fund, 9% for the Wells Fargo Multi-Sector Income Fund, and 10% for the Wells Fargo Global Dividend Opportunity Fund based on the fund\xe2\x80\x99s average monthly net asset value (NAV) per share over the prior 12 months.
  • Under the managed distribution plan, distributions are sourced from income and also may be sourced from paid-in capital and/or capital gains.
  • The fund may, as a secondary objective, seek capital appreciation to the extent it is consistent with its investment objective.\nThe Wells Fargo Multi-Sector Income Fund is a closed-end income fund.
  • These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

Retrieved on: 
Thursday, May 13, 2021
Banking, Professional services, Finance, Investment funds, Investment management, Income fund, Net asset value

The Board of Trustees will continue to monitor the Fund\xe2\x80\x99s distribution level, taking into consideration the Fund\xe2\x80\x99s net asset value and the financial market environment.

Key Points: 
  • The Board of Trustees will continue to monitor the Fund\xe2\x80\x99s distribution level, taking into consideration the Fund\xe2\x80\x99s net asset value and the financial market environment.
  • If necessary, the Fund pays an adjusting distribution in December, which includes any additional income and net realized capital gains in excess of the quarterly distributions.
  • Shareholders should not draw any conclusions about the Fund\xe2\x80\x99s investment performance from the amount of the current distribution.
  • More information regarding the Fund\xe2\x80\x99s distribution policy and other information about the Fund is available by calling 800-GABELLI (800-422-3554) or visiting www.gabelli.com .\nEllsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with $216 million in total net assets.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

Retrieved on: 
Monday, May 10, 2021
Professional services, Finance, Finance, Money, Institutional investors, Investment, Investment funds, Income fund, Mutual fund

b'Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund\'s regularly scheduled quarterly distribution of $0.20 per share.

Key Points: 
  • b'Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund\'s regularly scheduled quarterly distribution of $0.20 per share.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
  • FTA and FTP are based in Wheaton, Illinois.\nDelaware Investments Fund Advisers ("DIFA") is the Fund\'s investment sub-advisor.

Delaware Enhanced Global Dividend and Income Fund Announces Distributions

Retrieved on: 
Tuesday, May 4, 2021
Professional services, Finance, Financial markets, Finance, Money, Equity securities, Stock market, Investment funds, Dividend, Shareholders, Income fund, Investment, Share, Short

b"Today, Delaware Enhanced Global Dividend and Income Fund (the \xe2\x80\x9cFund\xe2\x80\x9d), a New York Stock Exchange\xe2\x80\x93listed closed-end fund trading under the symbol \xe2\x80\x9cDEX,\xe2\x80\x9d declared a monthly distribution of $0.0591 per share.

Key Points: 
  • b"Today, Delaware Enhanced Global Dividend and Income Fund (the \xe2\x80\x9cFund\xe2\x80\x9d), a New York Stock Exchange\xe2\x80\x93listed closed-end fund trading under the symbol \xe2\x80\x9cDEX,\xe2\x80\x9d declared a monthly distribution of $0.0591 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.\nThe Fund has implemented a managed distribution policy.
  • Under the policy, the Fund is managed with a goal of generating as much of the distribution as possible from net investment income and short-term capital gains.

Wells Fargo Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Friday, April 30, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Finance, Investment funds, Money, Investment management, Wells Fargo, Economy, Net asset value, Income fund, Index fund

b'These funds make distributions in accordance with a managed distribution plan that provides for the declaration of monthly distributions to common shareholders of the fund at an annual minimum fixed rate of 8% for the Wells Fargo Income Opportunities Fund, 9% for the Wells Fargo Multi-Sector Income Fund, and 7% for the Wells Fargo Utilities and High Income Fund based on the fund\xe2\x80\x99s average monthly net asset value (NAV) per share over the prior 12 months.

Key Points: 
  • b'These funds make distributions in accordance with a managed distribution plan that provides for the declaration of monthly distributions to common shareholders of the fund at an annual minimum fixed rate of 8% for the Wells Fargo Income Opportunities Fund, 9% for the Wells Fargo Multi-Sector Income Fund, and 7% for the Wells Fargo Utilities and High Income Fund based on the fund\xe2\x80\x99s average monthly net asset value (NAV) per share over the prior 12 months.
  • Under the managed distribution plan, distributions are sourced from income and also may be sourced from paid-in capital and/or capital gains.
  • The fund may, as a secondary objective, seek capital appreciation to the extent it is consistent with its investment objective.\nThe Wells Fargo Multi-Sector Income Fund is a closed-end income fund.
  • These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC.