Managed Distribution Plan

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Allspring Closed-End Funds Declare Monthly Distributions and Announce a Portfolio Manager Change
Prnewswire· 2025-07-25 14:43
CHARLOTTE, N.C., July 25, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.In addition, Andrew Reed, CFA, will be added as a portfolio manager to the Allspring Multi-Sector Income Fund, and Noah Wise, CFA, will be removed as a portfolio manager on the same fund, both effective on August 1, 2025. This fund will ...
Special Opportunities Fund Declares Distributions For Third Quarter of 2025
Globenewswire· 2025-07-08 20:35
Core Points - Special Opportunities Fund, Inc. has declared the next three monthly distributions under its managed distribution plan, with an annual distribution rate of 8% based on a net asset value of $16.47 as of December 31, 2024 [2] Distribution Details - The next three monthly distributions are as follows: - July: $0.1098, Record Date: July 22, 2025, Payable Date: July 31, 2025 - August: $0.1098, Record Date: August 19, 2025, Payable Date: August 29, 2025 - September: $0.1098, Record Date: September 16, 2025, Payable Date: September 30, 2025 [2] Composition and Reporting - The Fund will notify common stockholders about the estimated composition of each distribution, with the actual composition provided on a Form 1099-DIV for tax reporting after the end of the year [3]