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Life insurance The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American: GGO, the Fund) previously announced approval of a Plan of Liquidation (the Liquidation) and the termination of the Fund.
Key Points:
- The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American: GGO, the Fund) previously announced approval of a Plan of Liquidation (the Liquidation) and the termination of the Fund.
- The payable date for the Liquidation is October 28, 2021 with a record date of October 25, 2021.
- Shareholders may recognize gain or loss for U.S. tax purposes as a result of the Liquidation.
- The Gabelli Go Anywhere Trust is a non-diversified, closed-end management investment company whose primary investment objective is total return, consisting of capital appreciation and current income.
Retrieved on:
Wednesday, October 6, 2021
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Security (finance) The Gabelli Go Anywhere Trust (NYSE American:GGO, the Fund) announced today that the Funds Board of Trustees approved the adoption of a Plan of Liquidation and the termination of the Fund.
Key Points:
- The Gabelli Go Anywhere Trust (NYSE American:GGO, the Fund) announced today that the Funds Board of Trustees approved the adoption of a Plan of Liquidation and the termination of the Fund.
- This approval was made as provided for in the Fund's Declaration of Trust and after considering the results of the Funds recent tender offer for 100% of its issued and outstanding common shares, which resulted in the Fund purchasing approximately 97% of its outstanding common shares.
- The Gabelli Go Anywhere Trust is a non-diversified, closed-end management investment company whose primary investment objective is total return, consisting of capital appreciation and current income.
- The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL).
Banking,
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Life insurance The net asset value of the Fund on September 29, 2021 was $16.7580 per share.
Key Points:
- The net asset value of the Fund on September 29, 2021 was $16.7580 per share.
- The Fund received tenders for 97% of the outstanding common shares in the Offer.
- The Fund anticipates paying the proceeds of the Offer on or about October 4, 2021.
- The Gabelli Go Anywhere Trust is a non-diversified, closed-end management investment company whose primary investment objective is total return, consisting of capital appreciation and current income.
Retrieved on:
Thursday, September 16, 2021
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GAMCO Investors The purchase price has been increased from 98% to 100% of the net asset value per common share determined on the last business date prior to the expiration date of the Offer.
Key Points:
- The purchase price has been increased from 98% to 100% of the net asset value per common share determined on the last business date prior to the expiration date of the Offer.
- This press release is neither an offer to purchase nor a solicitation of an offer to sell any securities of the Fund.
- Investors may obtain free copies of the Tender Offer Statement and other documents filed with the SEC at the SECs web site at www.sec.gov .
- In addition, free copies of the Tender Offer Statement and other documents filed with the SEC may also be obtained by directing a request to: Gabelli Funds, or by calling (800) 422-3554.
Retrieved on:
Thursday, August 19, 2021
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Capital gain,
Security (finance),
Life insurance The Funds distribution policy is to pay a quarterly distribution of an amount to be determined by the Board of Trustees.
Key Points:
- The Funds distribution policy is to pay a quarterly distribution of an amount to be determined by the Board of Trustees.
- Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available.
- The Funds distribution policy is subject to modification by the Board of Trustees at any time, and there can be no guarantee that the distribution policy will continue.
- The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
The Gabelli Go Anywhere Trust (NYSE American: GGO) (the Fund) announced today that the Board of Trustees of the Fund has approved an issuer tender offer to purchase for cash all of the Funds issued and outstanding common shares of beneficial interest, par value $0.001 per share (the Shares) (the Offer).
Key Points:
- The Gabelli Go Anywhere Trust (NYSE American: GGO) (the Fund) announced today that the Board of Trustees of the Fund has approved an issuer tender offer to purchase for cash all of the Funds issued and outstanding common shares of beneficial interest, par value $0.001 per share (the Shares) (the Offer).
- The terms and conditions of the Offer will be set forth in an offer to purchase, a related letter of transmittal, and related documents.
- This press release is neither an offer to purchase nor a solicitation of an offer to sell any securities of the Fund.
- The solicitation and the offer to purchase common shares of the Fund will be made pursuant to an offer to purchase and related materials that the Fund intends to file with the SEC.
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.
- The Fund\xe2\x80\x99s distribution policy is subject to modification by the Board of Trustees at any time, and there can be no guarantee that the policy will continue.
- Shareholders should not draw any conclusions about the Fund\xe2\x80\x99s investment performance from the amount of the current distribution.
- The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL).\n'
Based on the accounting records of the Fund currently available, the distributions paid to preferred shareholders in 2021 would include approximately 2% from net investment income and 98% from net capital gains on a book basis.
Key Points:
- Based on the accounting records of the Fund currently available, the distributions paid to preferred shareholders in 2021 would include approximately 2% from net investment income and 98% from net capital gains on a book basis.
- The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website ( www.gabelli.com ).
- The final determination of the sources of all distributions in 2021 will be made after year end and can vary from the quarterly estimates.
- The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL).\n'
Retrieved on:
Thursday, February 25, 2021
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Mario Gabelli,
GAMCO Investors The Funds distribution policy is to pay a quarterly distribution of an amount to be determined by the Board of Trustees.
Key Points:
- The Funds distribution policy is to pay a quarterly distribution of an amount to be determined by the Board of Trustees.
- Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available.
- The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
- The Gabelli Go Anywhere Trust is a non-diversified, closed-end management investment company whose primary investment objective is total return, consisting of capital appreciation and current income.
Retrieved on:
Friday, November 13, 2020
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Mario Gabelli,
GAMCO Investors The Funds distribution policy is to pay a quarterly distribution of an amount to be determined by the Board of Trustees.
Key Points:
- The Funds distribution policy is to pay a quarterly distribution of an amount to be determined by the Board of Trustees.
- Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available.
- The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
- The Gabelli Go Anywhere Trust is a non-diversified, closed-end management investment company whose primary investment objective is total return, consisting of capital appreciation and current income.
