NEW YORK, Sept. 30, 2025 /PRNewswire/ -- Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE:NRO) (the "Fund") has announced a distribution declaration of $0.0312 per share of common stock. The distribution announced today is payable on October 31, 2025, has a record date of October 15, 2025, and has an ex-date of October 15, 2025.Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0312 per share of common ...

Accessibility StatementSkip Navigation NEW YORK, Sept. 29, 2025 /PRNewswire/ -- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced an increase in its monthly distribution rate to $0.12 per share of common stock from the prior monthly distribution rate of $0.10 per share, representing an increase of approximately 20%. The Fund has also declared its next monthly distribution at the new rate, which is payable on October 31, 2025, has a record date of October 15, 2 ...

Core Points - Sprott Focus Trust, Inc. has declared a quarterly distribution of $0.1274 per share, payable on September 29, 2025, to stockholders of record as of September 15, 2025 [1] - The Fund has a Distribution Policy of paying quarterly distributions at an annual rate of 6% based on the rolling average of the prior four calendar quarter-end net asset values (NAVs) [2] Distribution Details - The estimated sources of the upcoming distribution include $0.0453 from net investment income, $0.0040 from short-term gains, and $0.0781 from long-term gains, with no return of capital [3] - For the year-to-date 2025, the total estimated distribution per share is $0.3859, with allocations of $0.1334 from net investment income, $0.0061 from short-term gains, $0.2067 from long-term gains, and $0.0397 as return of capital [3] Fund Performance - The average annual total return of the Fund in relation to NAV for the five-year period ending August 31, 2025, is 13.00%, with an annualized current distribution rate of 5.48% [4] - The cumulative total return from December 31, 2024, to August 31, 2025, is reported, with the cumulative fiscal year distribution rate at 4.15% [6] Company Overview - Sprott Focus Trust, Inc. is a closed-end diversified investment management company, aiming for long-term capital growth by investing at least 65% of its assets in equity securities [7]

Core Points - The Board of Trustees of Ellsworth Growth and Income Fund Ltd. declared a cash distribution of $0.16 per share, payable on September 23, 2025, to shareholders of record on September 16, 2025 [1] - The Fund aims to pay the greater of an annual distribution of 5% of its trailing 12-month average month-end market price or the minimum distribution requirement set by the Internal Revenue Code for regulated investment companies [2] - The Board reviews potential distributions quarterly, considering the Fund's net asset value and market conditions, and may adjust distributions in December based on additional income and realized capital gains [3] Distribution Details - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals [4] - If the Fund's earnings do not cover the total distributions in a year, the excess amount will be considered a return of capital, generally not taxable and reducing the shareholder's cost basis [5] - For the fiscal year ending September 30, 2025, distributions are estimated to consist of approximately 20% from net investment income and 80% from net capital gains [6] Fund Overview - Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with total net assets of $199 million, primarily investing in convertible securities and common stock [7]

Core Viewpoint - The Gabelli Equity Trust Inc. has declared a cash distribution of $0.15 per share, reaffirming its commitment to a 10% distribution policy, payable on September 23, 2025 [1]. Distribution Policy - The Fund aims to pay a minimum annual distribution of 10% of its average net asset value, calculated based on the last day of the four preceding calendar quarters [2]. - The Board of Directors reviews potential distributions quarterly, considering the Fund's net asset value and market conditions, with the policy subject to modification [3]. Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals [4]. - Shareholders with income exceeding certain thresholds may incur a 3.8% Medicare surcharge on net investment income, which includes dividends and capital gains from the Fund [4]. Earnings and Return of Capital - If the Fund's earnings do not meet the total distributions, the excess amount will be considered a return of capital, generally not taxable and reducing the shareholder's cost basis [5]. - In 2025, distributions to common shareholders are estimated to consist of approximately 4% from net investment income, 26% from net capital gains, and 70% as a return of capital [6]. Company Overview - The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with total net assets of $2.1 billion, focusing on long-term capital growth [7].

Core Viewpoint - Aberdeen Investments U.S. Closed-End Funds announced distributions for shareholders, emphasizing a stable distribution policy based on current income and capital gains [1][2]. Distribution Details - The abrdn Global Infrastructure Income Fund (ASGI) paid a distribution of $0.2100 per share, while the abrdn Healthcare Opportunities Fund (THQ) paid $0.1800 per share [2]. - The distribution policy aims to provide stable returns supplemented by realized capital gains and, if necessary, paid-in capital [2]. Estimated Sources of Distributions - For ASGI, the current distribution composition includes: - Net Investment Income: $0.0315 (15%) - Net Realized Short-Term Gains: $0.0063 (3%) - Net Realized Long-Term Gains: $0.0756 (36%) - Return of Capital: $0.0966 (46%) [5] - For THQ, the current distribution composition includes: - Net Investment Income: $0.0180 (10%) - Net Realized Long-Term Gains: $0.1620 (90%) [5]. Fiscal Year to Date Cumulative Distributions - For ASGI, cumulative distributions per share are: - Net Investment Income: $0.3030 (15%) - Net Realized Short-Term Gains: $0.0606 (3%) - Net Realized Long-Term Gains: $0.7272 (36%) - Return of Capital: $0.9292 (46%) [5]. - For THQ, cumulative distributions per share are: - Net Investment Income: $0.1800 (10%) - Net Realized Long-Term Gains: $1.6200 (90%) [5]. Fund Performance - ASGI has an average annual total return on NAV of 10.29% for the 5-year period ending June 30, 2025, with a current fiscal period's annualized distribution rate of 11.40% [7]. - THQ has an average annual total return on NAV of 5.85% with a current fiscal period's annualized distribution rate of 12.13% [7]. Regulatory Compliance - The Funds are required to indicate the estimated source of certain distributions under Section 19 of the Investment Company Act of 1940 [3][4]. - The final determination of the source of all distributions will be made after the fiscal year-end [10]. Market Trading Information - Closed-end funds like ASGI and THQ are traded on secondary markets, and their investment returns may fluctuate, affecting the market price relative to NAV [14][15].

Core Points - Sprott Focus Trust, Inc. has declared a quarterly distribution of $0.1280 per share, payable on June 30, 2025, to stockholders of record as of June 13, 2025 [1] - The Fund has a Distribution Policy of paying quarterly distributions at an annual rate of 6% based on the rolling average of the prior four calendar quarter-end net asset values (NAVs) [2] - The estimated sources of the upcoming distribution include net investment income, short-term gains, and long-term gains, with specific allocations detailed [3] Distribution and Performance Information - The Fund's average annual total return in relation to NAV for the five-year period ending May 31, 2025, is 11.85%, with an annualized current distribution rate of 1.58% as of the same date [4][5] - Cumulative total return from December 31, 2024, to May 31, 2025, reflects the percentage change in NAV, assuming reinvestment of distributions [6] - The Fund's investment strategy focuses on long-term capital growth, typically investing at least 65% of its assets in equity securities [7]

Core Viewpoint - Ellsworth Growth and Income Fund Ltd. has declared a quarterly cash distribution of $0.16 per share, marking a 23% increase from the previous $0.13 per share, resulting in an annual distribution rate increase from $0.52 to $0.64 per share, driven by a market total return of 27% in 2024 [1]. Distribution Policy - The Fund aims to pay the greater of either an annual distribution of 5% of the trailing 12-month average month-end market prices or an amount that meets the minimum distribution requirement set by the Internal Revenue Code for regulated investment companies [2]. - The Board of Trustees reviews potential distributions quarterly, considering the Fund's net asset value and market conditions, and may adjust distributions in December based on additional income and realized capital gains [3]. Tax Implications - Portions of the distribution may be classified as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals in taxable accounts, with an additional 3.8% Medicare surcharge applicable to certain high-income U.S. shareholders [4]. Earnings and Return of Capital - If the Fund's earnings do not meet or exceed the total distributions in a year, the excess amount distributed will be considered a return of capital, which is generally not taxable and reduces the shareholder's cost basis [5]. Distribution Components - For the fiscal year ending September 30, 2025, distributions to common shareholders are estimated to consist of approximately 19% from net investment income and 81% from net capital gains, with final determinations made after year-end [6]. Fund Overview - Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with total net assets of $186 million, primarily investing in convertible securities and common stock to provide income and potential capital appreciation [7].

Distribution Announcement - The Gabelli Healthcare & Wellness Trust has approved an increase in the annualized distribution to $0.68 per share, with quarterly payments of $0.17 per share starting June 23, 2025 [1] - The Fund may also pay an adjusting distribution in December based on additional income and net realized capital gains exceeding the quarterly distributions for the year [2] Distribution Review Process - The Board of Trustees reviews potential distributions each quarter, considering the Fund's income, realized capital gains, and available capital [3] - The distribution policy is subject to modification or termination by the Board at any time, with no guarantee of continuation [3] Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for long-term capital gains [4] - Certain U.S. shareholders may incur a 3.8% Medicare surcharge on net investment income, which includes dividends and capital gains from the Fund [4] Earnings and Return of Capital - If the Fund's earnings do not meet or exceed the total distributions in a year, the excess amount distributed will be considered a return of capital, generally not taxable [5] - In 2025, distributions to common shareholders are estimated to include approximately 4% from net investment income, 80% from net capital gains, and 16% as a return of capital [6] Fund Overview - The Gabelli Healthcare & Wellness Trust is a diversified, closed-end management investment company with total net assets of $218 million, focusing on long-term capital growth [7]

Distribution Policy - The Gabelli Equity Trust Inc. has declared a cash distribution of $0.15 per share, reaffirming its 10% distribution policy, payable on June 23, 2025, to shareholders of record on June 13, 2025 [1] - The Fund aims to pay a minimum annual distribution of 10% of its average net asset value, calculated based on the last day of the four preceding calendar quarters [2] Financial Monitoring - The Board of Directors reviews potential distributions quarterly, considering the Fund's net asset value and the financial market environment [3] - The distribution policy is subject to modification by the Board, and there is no guarantee that it will continue [3] Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for long-term capital gains [4] - Certain U.S. shareholders may incur a 3.8% Medicare surcharge on their net investment income, which includes dividends and capital gains from the Fund [4] Earnings and Returns - If the Fund's earnings do not meet the aggregate distributions, the excess amount will be deemed a return of capital, generally not taxable and reducing the shareholder's cost basis [5] - In 2025, distributions to common shareholders are estimated to include approximately 2% from net investment income, 21% from net capital gains, and 77% as a return of capital [6] Company Overview - The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with total net assets of $2.0 billion, focusing on long-term capital growth [7]