As a result of the reverse stock split, every three shares of the Fund's outstanding common stock will be converted into one share of common stock. A reverse stock split will decrease the number of the Fund's shares of common stock outstanding and potentially increase the market price per share of common stock by a proportional amount. While the number of the Fund's outstanding shares of common stock will decline, neither the Fund's portfolio holdings nor the total value of stockholders' investments in the ...

Core Viewpoint - Nuveen Global High Income Fund has announced a rights offering to its common shareholders, allowing them to purchase additional shares at a discount to the market price, aimed at increasing the fund's assets and providing high current income to shareholders [1][2]. Group 1: Rights Offering Details - The Board of Trustees has approved the issuance of transferable rights to holders of common shares as of October 21, 2025, with the rights allowing shareholders to subscribe for new common shares at a subscription price expected to be below the market price [1][2]. - Record Date Shareholders will receive one right for each common share owned, with the rights allowing the purchase of one new common share for every four rights held (1-for-4) [3]. - The subscription price will be determined as 95% of the average of the last reported sales price on the NYSE on the expiration date and the four preceding trading days, with a minimum price set at 90% of the net asset value per common share [3]. Group 2: Benefits of the Offer - The rights offering is expected to enhance portfolio yields and fund earnings by taking advantage of attractive valuations in global high-income asset classes [2][3]. - The offering allows for tax-efficient rebalancing of the portfolio without selling existing positions, potentially reducing taxable events for shareholders [3]. - Increased trading volume and liquidity of common shares are anticipated as a result of the offering, along with a lower expense ratio due to spreading fixed operating costs across a larger asset base [3]. Group 3: Additional Information - The rights are transferable and will begin trading on the NYSE under the symbol "JGH RT" on October 20, 2025, with regular trading expected to start on October 23, 2025 [3][4]. - Monthly distributions are expected to be declared for November and December 2025, with shares issued from the rights offering not eligible for the earlier distributions [4]. - The final terms of the offer will be detailed in a prospectus supplement, which will control over the initial announcement [5].

Core Viewpoint - AllianceBernstein National Municipal Income Fund, Inc. plans to redeem all outstanding 2018 Variable Rate MuniFund Term Preferred Shares at a price of $25,000 per share, totaling $88.275 million plus unpaid dividends [1][2]. Group 1 - The Fund intends to use proceeds from the creation of tender option bond (TOB) trusts to facilitate the redemption of the 2018 VMTPS [1][2]. - The redemption is scheduled for on or about October 27, 2025, and is subject to certain notice and other requirements [2]. - The creation of TOB trusts will allow the Fund to replace the leverage currently obtained through the 2018 VMTPS [2]. Group 2 - AllianceBernstein L.P. and the Fund's Board of Directors believe that the full redemption of the 2018 VMTPS and the proposed creation of TOB trusts are in the best interests of the Fund and its stockholders [2].

Core Insights - SuRo Capital anticipates a net asset value between $9.00 and $9.50 per share as of September 30, 2025 [4] - The company invested $5 million in HL Digital Assets, Inc., which is involved in the digital token HYPE [3] - Strong portfolio momentum is attributed to investments in AI and AI infrastructure [2] Investment Portfolio Update - As of September 30, 2025, SuRo Capital held positions in 37 portfolio companies, including 33 privately held and 4 publicly held [5] - Recent investments include a $0.3 million convertible note in Supplying Demand, Inc. and $5 million in preferred shares of HL Digital Assets, Inc. [5] - The company realized $7.2 million from CW Opportunity 2 LP and $0.7 million from GrabAGun Digital Holdings Inc. during the quarter [5] Financial Performance - SuRo Capital's liquid assets were approximately $58.3 million as of September 30, 2025 [7] - The company sold 1,230,984 shares under its at-the-market offering for gross proceeds of approximately $10.8 million [8] - An initial cash dividend of $0.25 per share was declared at the beginning of the third quarter [3][9] Market Position - OpenAI's recent secondary share sale valued the company at $500 billion, reinforcing its status as the most valuable private company globally [3] - SuRo Capital remains committed to investing in next-generation companies, particularly in the AI sector [3]

Economic Overview - The U.S. economy is experiencing persistent volatility, with the labor market showing underwhelming results, raising concerns about a potential economic slowdown [1] - Ongoing trade tensions between the U.S. and rival countries may exacerbate these economic worries [1] Federal Reserve Position - The Federal Reserve is in an unprecedented situation, facing challenges to its leadership and independence while simultaneously cutting interest rates [2] - A defensive approach to U.S. equity exposure may be advisable during these uncertain times, focusing on the preservation of principal [2] Investment Strategy: CPSL - The Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL) is designed to provide risk-averse exposure to the S&P 500 through a laddered portfolio of structured protection ETFs [3] - CPSL offers complete capital protection across a one-year outcome period after accounting for expenses and fees [3] Fund Characteristics - CPSL allows investors to access the upward momentum of the S&P 500 while imposing an upside cap on potential returns [4] - The fund's structure includes 12 ETFs, each with different calendar months for their outcome periods, providing varied caps and returns each year [4] Defensive Investment Use Case - CPSL's disciplined laddered strategy positions it as a defensive option for U.S. equity exposure, enabling investors to engage with the S&P 500's potential upward momentum across various time horizons [5]

Core Viewpoint - The SPDR Gold Trust, the world's largest gold ETF, reported a total holding of 1013.15 tons of gold as of October 7, 2025, reflecting a slight decrease of 0.02 tons from the previous trading day. The price of spot gold reached a record high of $3990.90 per ounce, driven by strong demand for safe-haven assets amid ongoing U.S. government shutdown and expectations of further interest rate cuts by the Federal Reserve [2][7]. Group 1: Gold ETF Holdings - As of October 7, 2025, SPDR Gold Trust holds 1013.15 tons of gold, down by 0.02 tons from the previous day [7]. - The current gold ETF holdings indicate a strong interest in gold as a safe-haven asset during periods of economic uncertainty [7]. Group 2: Gold Price Movement - On October 7, spot gold prices peaked at $3990.90 per ounce, marking a significant increase of $23.49 or 0.59% [7]. - The price of gold is supported by expectations of a dovish stance from the Federal Reserve, with predictions of rate cuts in October and December [7][8]. Group 3: Market Influences - The ongoing U.S. government shutdown, now in its seventh day, has heightened demand for gold as a safe-haven asset [7]. - Geopolitical tensions in France and Japan have also contributed to increased global demand for gold [8]. Group 4: Future Outlook - Goldman Sachs has raised its long-term gold price forecast for 2026 from $4300 to $4900, citing strong inflows into gold ETFs and continued central bank purchases [8]. - Technical indicators suggest that while gold is in an upward trend, caution may be warranted as it approaches the psychological barrier of $4000 per ounce [8][9].

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund†) (NYSE: OPP) announces that its Board of Directors (the "Board†) has authorized and set the terms of an offering to the Fund's common stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue transferable subscription rights ("Rights†) to its common stockholders of record as of October 24, 2025 (the "Record Date†and such stockh. ...

PHILADELPHIA, Oct. 7, 2025 /PRNewswire/ -- The Aberdeen Investments U.S. Closed-End Funds (NYSE:JEQ), (the "Fund"), today announced that the Fund paid the distribution noted in the table below on October 7, 2025, on a per share basis to all shareholders of record as of September 29, 2025 (ex-dividend date September 29, 2025).   TickerExchangeFundAmountJEQNYSEabrdn Japan Equity Fund, Inc. $0.6944This distribution will be the final distribution paid from JEQ before the Fund's approved reorganization into abrd ...

Core Viewpoint - The Clough Global Dividend and Income Fund has declared a monthly cash distribution of $0.0526 per common share, reflecting its managed distribution policy aimed at providing consistent returns to shareholders [1] Distribution Details - The declared monthly cash distribution is set at $0.0526 per common share [1] - The Fund's managed distribution policy targets a monthly distribution rate equal to at least one twelfth of 10% of the Fund's adjusted year-end net asset value per share [1] - The adjusted year-end net asset value per share is calculated based on the average of the NAVs from the last five business days of the previous calendar year [1]

Core Points - The China Fund, Inc. has scheduled a Special Meeting for stockholders on October 21, 2025, to approve a plan for liquidation and dissolution of the Fund [1] - A proxy statement detailing the proposed liquidation will be mailed to stockholders around October 9, 2025, and is also available on the SEC website [2] - If approved, the Fund plans to distribute liquidation proceeds to stockholders in cash payments after the Special Meeting [3] Group 1 - The Special Meeting will be held virtually at 11:00 a.m. (Eastern time) [1] - The Board of Directors has already approved the liquidation plan and recommends stockholders vote in favor [1] - The record date for stockholders entitled to vote is set for September 26, 2025 [2] Group 2 - The Fund expects to provide further details regarding the liquidation process after the Special Meeting [3] - The liquidation proceeds will be distributed in complete cancellation of all outstanding shares [3]