RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 ...
Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day ...
The Adams Diversified Equity Fund provides an investor with a pretty plain S&P 500 Index-like exposure in a CEF wrapper. The fund completed a tender offer earlier this year that we were able to take ...
BSTZ, BMEZ, and BIGZ have announced a change in distribution policy. The funds will now pay monthly distributions at an annual rate of 6% based on the 12-month rolling average daily net asset value.
The Gabelli Equity Trust Inc. declared a $0.15 per share distribution, reaffirming its 10% distribution policy for 2025. The Gabelli Equity Trust Inc. has declared a cash distribution of $0.15 per ...
The level distribution policy is intended to provide shareholders with stable, but not guaranteed, cash flow, independent of the amount or timing of income earned or capital gains realized by a Fund.