CEF

Sasol and Central Energy Fund sign strategic MOU to accelerate gas development in South Africa

Retrieved on: 
Tuesday, September 7, 2021

JOHANNESBURG, Sept. 7, 2021 /PRNewswire/ --Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa.

Key Points: 
  • JOHANNESBURG, Sept. 7, 2021 /PRNewswire/ --Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa.
  • Sasol Executive Vice President: Energy Business, Priscillah Mabelane, said that Sasol believes that strategic partnerships and collaboration are necessary to shape a sustainable energy sector, as South Africa considers pathways to enable a just energy transition.
  • Gas is a significant contributor to South Africa's energy mix and its importance is expected to grow.
  • "Gas is instrumental in enabling a just energy transition in South Africa and requires immediate attention to introduce additional supply to South Africa.

Sasol and Central Energy Fund sign strategic MOU to accelerate gas development in South Africa

Retrieved on: 
Tuesday, September 7, 2021

JOHANNESBURG, Sept. 7, 2021 /PRNewswire/ --Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa.

Key Points: 
  • JOHANNESBURG, Sept. 7, 2021 /PRNewswire/ --Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa.
  • Sasol Executive Vice President: Energy Business, Priscillah Mabelane, said that Sasol believes that strategic partnerships and collaboration are necessary to shape a sustainable energy sector, as South Africa considers pathways to enable a just energy transition.
  • Gas is a significant contributor to South Africa's energy mix and its importance is expected to grow.
  • "Gas is instrumental in enabling a just energy transition in South Africa and requires immediate attention to introduce additional supply to South Africa.

Thomas J. Herzfeld Advisors, Inc. Urges Shareholders to Vote AGAINST The Highland Income Fund (NYSE: HFRO) Proposal

Retrieved on: 
Thursday, August 26, 2021
Industry, Private Securities Litigation Reform Act, Securities Exchange Act of 1934, Investment Company Act of 1940, Adviser, NAV, Proxy, U.S. Securities and Exchange Commission, Indian Sugar Mills Association, ISS, Communication, GLOBE, SEC, Board of directors, CEF, Heart, Forward-looking statement, NYSE, Board, Institutional Shareholder Services, Highland Capital, Disclosure, TJH, MIAMI, Phrase, Income, Morning Star, Security (finance), Financial adviser

Those written materials consist of an open letter to shareholders of The Highland Income Fund (NYSE: HFRO) urging shareholders of HFRO to vote AGAINST a management proposal to convert the closed end fund into an unregulated holding company.

Key Points: 
  • Those written materials consist of an open letter to shareholders of The Highland Income Fund (NYSE: HFRO) urging shareholders of HFRO to vote AGAINST a management proposal to convert the closed end fund into an unregulated holding company.
  • HFRO is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. On June 14, 2021, Highland Capital announced its proposal to convert the HFRO from a registered investment company to a diversified holding company.
  • The full text of TJHs letter to HFRO shareholders is presented here:
    Thomas J. Herzfeld Advisors, Inc. (TJH) is the second largest shareholder of Highland Income Fund (HFRO) with 2,502,335 shares.
  • If you have already voted FOR the proposal, we encourage you to revoke your proxy and vote AGAINST the proposal.

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

Retrieved on: 
Tuesday, August 10, 2021
Banking, Professional Services, Finance, Zero, Index, Industry, Face, Risk, CEF, London Interbank Bid Rate, Income, Respiratory disease, Internal Revenue Code, Terrorism, Prospectus, FINRA, FTP, Internal Revenue Service, Revenue stream, Federal Deposit Insurance Corporation, Technology, Loss, Book, Vaccine, ERISA, MLP, Time, Credit, AIB (NI), ETF, Funding, COVID-19, FTA, LIBOR, Infection, Tax, United, Investment, Disease, Judgement, Adviser, MCEF, NAV, Internal Revenue Code section 409A, Financial adviser, Bank, Security (finance), Insurance, Reinsurance

FTA has collective assets under management or supervision of approximately $207 billion as of July 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 $207 billion as of July 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.