Group 1 - MINT Income Fund has filed a notice with the Toronto Stock Exchange and received approval for a normal course issuer bid (NCIB) which will commence on May 27, 2025, and terminate on May 26, 2026 [1] - The Fund had 10,052,580 units issued and outstanding as of May 13, 2025, with 10,031,982 units in the public float [2] - The Fund may purchase up to 1,003,198 units during the 12-month period, representing 10% of the public float, and no more than 201,051 units in any 30-day period, which is 2% of the units issued and outstanding [2] Group 2 - As of May 13, 2025, the Fund had purchased 18,700 units at an average price of $6.96 per unit under its previous NCIB [2] - The Fund had the ability to purchase up to 1,089,755 units under its last NCIB, indicating a strategic approach to managing its unit purchases [2] - The manager of the Fund believes that these purchases are in the best interest of the Fund and represent a desirable use of available funds [2]

Core Viewpoint - Carlyle Credit Income Fund reported resilient financial results for Q2 2025, demonstrating strong performance in the loan and CLO market despite macroeconomic challenges [2][3]. Financial Performance - Net investment income was $0.23 per common share, adjusted net investment income was $0.26 per common share, and core net investment income was $0.27 per common share for Q2 2025 [3]. - Net asset value per common share was $6.98 as of March 31, 2025, with a total fair value of investments amounting to $197.9 million [3]. Dividends - The Fund is maintaining a monthly dividend of $0.1050 per share for June, July, and August 2025, equating to an annualized dividend yield of 18.75% based on the share price as of May 16, 2025 [4][8]. - Additionally, dividends on the Fund's 8.75% Series A Term Preferred Shares are declared at $0.1823 per share for the same months [5][6]. Investment Activities - The Fund funded $30.3 million in new CLO investments with a weighted average GAAP yield of 15.41%, while the aggregate portfolio weighted average GAAP yield was 16.48% as of March 31, 2025 [8]. - Completed 13 refinancings and resets of CLO positions during the quarter, enhancing portfolio stability [2][8]. - Successfully executed a private placement of 5-year, 7.50% convertible preferred shares for net proceeds of $18.6 million and sold 1,610,000 common shares at a premium to NAV for net proceeds of $12.2 million [8]. Company Overview - Carlyle Credit Income Fund is an externally managed closed-end fund focused on investing in equity and junior debt tranches of CLOs, primarily backed by U.S. senior secured loans [10]. - The Fund is managed by Carlyle Global Credit Investment Management L.L.C., leveraging Carlyle's extensive resources as a leading CLO manager [10].

Group 1 - The Cornerstone Total Return Fund, Inc. completed a one-for-three rights offering, allowing stockholders to purchase one new share for every three rights held, with a subscription price set at $6.97 [1][3] - The Fund received requests for approximately $207 million in shares, indicating strong demand, and anticipates issuing over-subscription shares under the additional subscription privilege [2] - The subscription price of $6.97 is higher than the initially estimated price of $6.29, and shares are expected to be issued around May 22, 2025 [3] Group 2 - Cornerstone Total Return Fund, Inc. is a closed-end, diversified management investment company registered with the SEC under the Investment Company Act of 1940 [4] - The Fund is traded on the NYSE American under the symbol "CRF" and is advised by Cornerstone Advisors, LLC, which also advises another closed-end fund, Cornerstone Strategic Investment Fund, Inc. [5]

Group 1 - The Cornerstone Strategic Investment Fund, Inc. completed a one-for-three rights offering, allowing stockholders to purchase one new share for every three rights held, with a subscription price set at $7.30 [1][3] - The Fund received requests for approximately $173 million in shares, indicating strong demand, and anticipates issuing over-subscription shares [2] - The subscription price of $7.30 is higher than the initially estimated price of $6.61, and shares are expected to be issued around May 22, 2025 [3] Group 2 - Cornerstone Strategic Investment Fund, Inc. is a closed-end, diversified management investment company registered with the SEC under the Investment Company Act of 1940 [4] - The Fund is traded on the NYSE American under the symbol "CLM" and is advised by Cornerstone Advisors, LLC, which also advises another closed-end fund, Cornerstone Total Return Fund, Inc. [5]

Core Viewpoint - Rosen Law Firm is reminding purchasers of common stock of Firsthand Technology Value Fund, Inc. about the lead plaintiff deadline for a class action lawsuit related to significant shareholder value destruction and misleading statements made by the fund's management [1][5]. Group 1: Class Action Details - The class action pertains to common stock purchases of Firsthand Technology between January 1, 2021, and November 14, 2023, with a lead plaintiff deadline set for May 20, 2025 [1][2]. - Investors who purchased shares during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][3]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. Group 2: Allegations Against Firsthand Technology - The lawsuit alleges that the management and service providers of Firsthand Technology destroyed over $200 million in shareholder value [5]. - It is claimed that the defendants inflated the value of the fund's remaining investments using implausible valuation methodologies, which were then integrated into the fund's publicly stated net asset value (NAV) [5]. - As a result of these fraudulent valuations, purchasers of the fund's shares experienced significant inflation in market price, leading to damages [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and success in representing investor rights [4].

Core Viewpoint - A class action lawsuit has been filed against Firsthand Technology Value Fund, Inc. for alleged violations of securities laws, claiming that the company misled investors and caused significant shareholder value destruction [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased securities between January 1, 2021, and November 14, 2023, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not yet represented by an attorney [3]. Group 2: Allegations Against the Company - The complaint alleges that the company made false and misleading statements, leading to the destruction of over $200 million in shareholder value [4]. - The company is accused of using accounting tricks to inflate the Fund's net asset value (NAV) and hide failing investments [4]. - Investors relied on the fraudulent NAV for their investment decisions, resulting in damages when the truth was revealed [4].

Core Viewpoint - The Gabelli Multimedia Trust Inc. has confirmed its policy of fixed monthly cash distributions, with specific amounts declared for the upcoming months of July, August, and September 2025 [1][2]. Distribution Details - The cash distributions for the months of July, August, and September 2025 are set at $0.07 per share for July and August, and $0.08 per share for September, totaling $0.22 per share for the quarter [2]. - The record and payable dates for these distributions are as follows: July 17, 2025 (payable July 24, 2025), August 15, 2025 (payable August 22, 2025), and September 16, 2025 (payable September 23, 2025) [2]. Previous Distributions - The Fund declared a cash distribution of $0.14 per share for April and May, payable on May 22, 2025, and a $0.08 per share distribution for June, payable on June 23, 2025, reflecting an annualized distribution of $0.88 per share [3]. Distribution Policy Changes - The Fund has transitioned from a "managed distribution policy" to a fixed monthly distribution approach, no longer relying on exemptive relief from the SEC for capital gains distributions [4]. - The Fund intends to distribute all or a portion of its taxable income monthly and may also distribute realized net long-term capital gains annually [5]. Financial Structure - In 2025, all distributions to common shareholders are deemed to be 100% from paid-in capital on a book basis, with final determinations for tax reporting to be made after year-end [6]. - Shareholders will receive notifications regarding the components and tax treatment of distributions in early 2026 via Form 1099-DIV [6]. Company Overview - The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with total net assets of $194 million, focusing on long-term capital growth [8].

Core Points - The Gabelli Multimedia Trust Inc. has approved the continuation of its policy of paying fixed monthly cash distributions [1] - The declared cash distributions for July, August, and September 2025 are $0.07, $0.07, and $0.08 per share respectively [2] - The Fund will maintain a quarterly distribution of $0.22 per share, with $0.07 for the first two months and $0.08 for the third month [2] - The Fund previously declared a $0.14 per share distribution for April and May, and a $0.08 distribution for June, reflecting an annualized distribution of $0.88 per share [3] - The Fund will no longer rely on an exemptive order for a managed distribution policy and will focus on monthly distributions [4] - The Fund intends to distribute all or a portion of its taxable income and may also make annual distributions of realized net long-term capital gains [5] - Distributions in 2025 are deemed 100% from paid-in capital on a book basis, with final determinations made after year-end [6] - The Gabelli Multimedia Trust Inc. has total net assets of $194 million and aims for long-term capital growth [7]

Core Viewpoint - The GDL Fund has declared a cash distribution of $0.12 per share, payable on June 23, 2025, to shareholders of record on June 13, 2025, while the Board of Trustees will continue to monitor the distribution level based on the Fund's net asset value and market conditions [1]. Distribution Policy - The Fund makes annual distributions of realized net long-term capital gains and quarterly cash distributions of its taxable income to common shareholders, with the possibility of a portion being a return of capital [2]. - The Fund may distribute more than the income earned in a period to maintain stable distributions, and current distributions are subject to modification by the Board of Trustees [2]. Earnings and Returns - If the Fund's earnings do not meet the total distributions in a year, the excess amount distributed is considered a return of capital, which is generally not taxable and reduces the shareholder's cost basis [3]. - Distributions for 2025 are estimated to include approximately 5% from net investment income, 3% from net capital gains, and 92% deemed a return of capital [4]. Tax Reporting - The final determination of distribution sources will be made after year-end, and shareholders will receive notifications regarding the components and tax treatment of distributions in early 2026 via Form 1099-DIV [4]. Fund Overview - The GDL Fund is a diversified, closed-end management investment company with total net assets of $131 million, aiming for absolute returns in various market conditions without excessive capital risk [5].

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) (the “Fund”) declared a $0.16 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees. In addition to the quarterly distributions, and in accordance with the minimum distribution requirements of the Internal Revenue Code for ...