Financial ratios

AM Best Revises Outlooks to Positive for Russian Reinsurance Company JSC

Retrieved on: 
星期三, 八月 4, 2021

Russian Res balance sheet strength is underpinned by its risk-adjusted capitalisation at the strongest level, as measured by Bests Capital Adequacy Ratio (BCAR).

Key Points: 
  • Russian Res balance sheet strength is underpinned by its risk-adjusted capitalisation at the strongest level, as measured by Bests Capital Adequacy Ratio (BCAR).
  • An offsetting factor is the relatively low liquidity of the companys investment portfolio, with 19% of invested assets held in real estate.
  • Additionally, the company has a high dependence on a single reinsurer, with which it has a long-standing relationship.
  • AM Best expects good overall underwriting performance to be maintained, despite the execution risk associated with planned growth in foreign markets.

Delaware Enhanced Global Dividend and Income Fund Announces Distributions

Retrieved on: 
星期二, 八月 3, 2021

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 $0.0611 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 $0.0611 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: 
星期二, 八月 3, 2021

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 $0.0682 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 $0.0682 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.

American National Announces Second Quarter 2021 Results

Retrieved on: 
星期一, 八月 2, 2021

GALVESTON, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) -- American National Group, Inc. (NASDAQ: ANAT) and subsidiaries (collectively, the Company) announced net income for the second quarter of 2021 of $228.0 million or $8.48 per diluted share, compared to net income of $210.5 million or $7.83 per diluted share for the same period in 2020.

Key Points: 
  • GALVESTON, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) -- American National Group, Inc. (NASDAQ: ANAT) and subsidiaries (collectively, the Company) announced net income for the second quarter of 2021 of $228.0 million or $8.48 per diluted share, compared to net income of $210.5 million or $7.83 per diluted share for the same period in 2020.
  • Net income for the second quarter of 2021 increased $17.5 million primarily due to:
    improved earnings in our property and casualty segment and annuity segment;
    an increase in net realized investment earnings; and
    a decline in net gains on equity securities.
  • Adjusted net operating income for the second quarter of 2021 was $50.4 million or $1.87 per diluted share compared to $17.0 million or $0.63 per diluted share for the same period in 2020.
  • Net realized investment earnings for the second quarter of 2021 were $42.7 million or $1.59 per diluted share, compared to net realized investment losses of $42.6 million or $1.58 per diluted share for the same period in 2020.

Putnam Investments Announces 19(a) Notices for Closed-End Municipal Funds

Retrieved on: 
星期一, 八月 2, 2021

*Most recent distribution annualized and divided by NAV at the end of the period.

Key Points: 
  • *Most recent distribution annualized and divided by NAV at the end of the period.
  • **Total fiscal period distributions annualized and divided by NAV at the end of the period.
  • You should not draw any conclusions about the Funds investment performance from the amount of this distribution or from the terms of the Funds Distribution Policy.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

Putnam Investments Announces Distribution Rates for Closed-End Funds

Retrieved on: 
星期一, 八月 2, 2021

Putnam estimates that $0.0162 per share of Putnam Master Intermediate Income Trusts dividend is paid from accumulated net investment income, and $0.0058 per share represents a return of capital.

Key Points: 
  • Putnam estimates that $0.0162 per share of Putnam Master Intermediate Income Trusts dividend is paid from accumulated net investment income, and $0.0058 per share represents a return of capital.
  • These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund.
  • Putnam estimates that $0.0120 per share of Putnam Premier Income Trusts dividend is paid from accumulated net investment income, and $0.0140 per share represents a return of capital.
  • These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund.

Pioneer Natural Resources Announces Inaugural Variable Dividend on Common Shares

Retrieved on: 
星期一, 八月 2, 2021

Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) announced today that its Board of Directors declared a quarterly cash variable dividend of $1.51 per share on Pioneers outstanding common stock, representing approximately $370 million of capital returned to shareholders.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) announced today that its Board of Directors declared a quarterly cash variable dividend of $1.51 per share on Pioneers outstanding common stock, representing approximately $370 million of capital returned to shareholders.
  • The dividend is payable September 17, 2021, to stockholders of record at the close of business on September 3, 2021.
  • The payment of Pioneers variable dividend during the third quarter represents an acceleration and increase when compared to the Companys previously announced variable dividend distribution plan that was to begin in the first quarter of 2022.
  • The third quarter payout represents approximately 75% of the Companys second quarter free cash flow1 after payment of the base dividend in April 2021.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.073 per Share

Retrieved on: 
星期一, 八月 2, 2021

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Distribution and Increase to its Managed Distribution Plan

Retrieved on: 
星期一, 八月 2, 2021

Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0716 per share, payable on August 31, 2021, to shareholders of record on August 16, 2021 (Ex-Dividend Date: August 13, 2021).

Key Points: 
  • Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0716 per share, payable on August 31, 2021, to shareholders of record on August 16, 2021 (Ex-Dividend Date: August 13, 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.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • Shareholders should not draw any conclusions about the Funds investment performance from the amount of this distribution or from the terms of the Plan.

Western Asset Diversified Income Fund Declares Initial Distribution

Retrieved on: 
星期一, 八月 2, 2021

The distribution may be treated as dividend income, return of capital or a combination thereof for tax purposes.

Key Points: 
  • The distribution may be treated as dividend income, return of capital or a combination thereof for tax purposes.
  • The Fund is a diversified, closed-end fund seeking high current income and, secondarily, capital appreciation.
  • Founded in 1971, Western Asset has been recognized for an approach emphasizing team management and intensive proprietary research, supported by robust risk management.
  • The distribution rate should not be considered the yield or total return on an investment in the Fund.