Core Insights - Aggressive ETFs with yields over 8% have grown to approximately $160 billion in size over the past three years, indicating a significant trend in the investment landscape [1][2] - Investors are increasingly turning to complex derivative-based ETFs for higher dividends, moving away from traditional dividend-paying stocks [2][5] - This shift is particularly popular among younger generations, such as Gen Z, who are seeking alternative investment strategies to achieve financial independence and early retirement [3][4] Investment Strategy - The traditional strategy involves purchasing shares of established companies with a history of paying dividends, holding them long-term, and collecting dividends for retirement [1] - Newer strategies involve ETFs that utilize derivatives, such as covered calls, to generate higher dividend payouts, but this approach may limit long-term capital appreciation [5][6] Risks and Considerations - Derivative-based ETFs may cap potential gains, as they are required to sell stocks at predetermined prices, potentially missing out on significant value increases [6][7] - These ETFs are subject to higher tax burdens since their payouts are taxed as ordinary income rather than qualified dividends, which could impact net returns [8] - Experts suggest that these funds may underperform compared to simpler investment strategies like the S&P 500 over long periods [7] Portfolio Management - It is advisable to limit exposure to derivative-based ETFs within a diversified portfolio that includes traditional dividend stocks and growth assets to balance risk and potential returns [11] - Investors should consider management fees and tax implications when investing in dividend ETFs, as these factors can affect overall investment income [12]

Market Performance - The SPDR S&P 500 (SPY) is up 2.1% and the Invesco QQQ Trust (QQQ) is up 2.9% in September, despite it being statistically a poor month for stock market averages [1] - The NYSE Composite has been trading above its yearly R1 at 20,903, reaching a high of 21,056 last week, with a yearly R2 at 22,252, which is 4.1% above the close [2] Advance/Decline Lines - The NYSE All Advance/Decline (A/D) line completed its correction in May and has made new highs in September, indicating strong market performance [3] - Despite strong A/D lines, a survey indicated that 49.5% of respondents were bearish on stocks for the next six months, suggesting a divergence between market performance and investor sentiment [4] Trading Activity - The Invesco QQQ Trust (QQQ) closed above its August high at $583.32, projecting a move to the $615 area, with key support at $536.20 [6] - The NDX100 A/D line has shown lower highs since July and closed below its WMA, indicating potential for a deeper correction if it drops below key support [8] Cash Levels and Market Sentiment - The BofA Global Research fund manager's survey reported cash levels at 3.9%, often seen before market declines, with a historical low of 3.5% in February preceding a significant decline [9]

Core Points - ArrowMark Financial Corp. has declared a special cash distribution of $0.40 per share and a regular quarterly cash distribution of $0.45 per share for Q3 2025 [1][2] - The special distribution will be payable on December 10, 2025, while the regular distribution will be payable on September 29, 2025 [1] - The company reported a net income of $0.57 per share for Q2 2025, exceeding the quarterly distribution amount [3] Distribution Details - Special cash distribution: $0.40 per share [1][2] - Regular quarterly cash distribution: $0.45 per share [1][2] - Payment dates: September 29, 2025, for regular distribution and December 10, 2025, for special distribution [1] Financial Performance - Net income for Q2 2025 was $0.57 per share, which is well above the distribution amount [3] - The fund has consistently over-earned its declared quarterly distribution rate over the past four years [3] Company Overview - ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [4] - The investment objective is to provide current income primarily through investments in regulatory capital securities of financial institutions [4]

Core Viewpoint - Brompton Funds Limited has proposed a merger of the Symphony Floating Rate Senior Loan Fund into the Brompton Wellington Square Investment Grade CLO ETF, with the ETF being the continuing fund, and a special meeting will be held for unitholders to vote on this proposal [1][8]. Fund Merger Details - The merger will involve exchanging class A and class U units of the Fund for CAD and USD units of the ETF, respectively, based on their net asset values [2]. - The ETF aims to provide high monthly income and capital preservation through investments in primarily investment grade rated collateralized loan obligations (CLOs) [3]. Investment Quality and Management - The average credit rating of the Fund's current portfolio is B+, while at least 75% of the Continuing Fund's portfolio will be in Investment Grade CLOs, which are less likely to default [5]. - The management fee for the Continuing Fund will be reduced from 1.25% to 0.60%, and the management expense ratio (MER) is expected to decrease from 2.29% to less than 0.75% per annum [5]. - The Continuing Fund will not engage in borrowing, which is expected to further reduce costs and volatility [5]. Distribution and Trading Benefits - The current distribution rate of the Fund is 7.26%, and the Continuing Fund will maintain a focus on high monthly income distributions [5]. - The merger is expected to reduce the bid/ask spread significantly, leading to lower effective costs for investors [5][12]. - Post-merger, the Continuing Fund is anticipated to trade closer to its NAV, improving trading liquidity and allowing for large volume transactions without significantly affecting market prices [12]. Meeting and Implementation - A special meeting for unitholders to vote on the merger will be held on November 17, 2025, with an accelerated annual redemption option expected on December 30, 2025, if approved [7][8].

NEW YORK, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows: Record DateEx-Dividend DatePayment DateDistribution AmountOctober 15, 2025October 15, 2025October 31, 2025$0.0887November 14, 2025November 14, 2025November 28, 2025$0.0887<td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; ...

Group 1 - The CEF/ETF Income Laboratory manages closed-end fund (CEF) and exchange-traded fund (ETF) portfolios targeting safe and reliable yields of approximately 8% [2] - The Calamos L/S Equity & Dynamic Income Trust (CPZ) offers investors a portfolio that is split between equity and fixed-income investments, primarily focusing on high-yield corporate debt in its fixed-income allocation [2] - The service provided by the CEF/ETF Income Laboratory includes managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2] Group 2 - The community associated with the CEF/ETF Income Laboratory consists of over a thousand members who are seeking the best income ideas, with a focus on monthly-paying holdings for faster compounding and smoother income streams [2] - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on closed-end funds and exchange-traded funds [3]

Core Viewpoint - Priority Income Fund, Inc. has declared monthly cash distributions for common shareholders for September, October, and November 2025, maintaining consistency with prior distributions [1][2]. Distribution Details - The annualized total cash distribution is $1.34016 per share, reflecting a 22.0% annualized rate based on the net asset value of $6.09 per common share as of July 31, 2025 [2]. - Monthly cash "base" distributions are set at $0.08056 for September, $0.10070 for October, and $0.08056 for November, totaling $0.26182 on a quarterly basis [3]. - The cash "bonus" distributions are fixed at $0.024167 per share for each of the three months, marking the 60th, 61st, and 62nd monthly "bonus" distributions [4]. Cumulative Distributions - Since inception in January 2014, the Fund has paid or declared cumulative cash distributions totaling $16.73 per common share through November 2025 [5]. Preferred Stock Distributions - The Fund has also declared distributions for its preferred stock series, including Series D, J, K, and L, with payments scheduled for September 30, 2025 [6]. Fund Overview - Priority Income Fund, Inc. is a registered closed-end fund focused on acquiring and growing a portfolio of senior secured loans, primarily through collateralized loan obligations (CLOs) [7]. - The Fund is managed by Priority Senior Secured Income Management, LLC, which is associated with Prospect Capital Management L.P., an investment adviser with over $7.5 billion in assets under management as of June 30, 2025 [8].

人民财讯9月12日电，企查查APP显示，近日，珠海建源华金股权投资基金合伙企业(有限合伙)成立，出 资额20亿元，经营范围包含：以私募基金从事股权投资、投资管理、资产管理等活动。企查查股权穿透 显示，该合伙企业由珠海华发集团有限公司旗下珠海市新质生产力投资基金合伙企业(有限合伙)、建信 金融资产投资有限公司等共同出资。 ...

Company Overview - ArrowMark Financial Corp. is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [2] - The investment objective of ArrowMark Financial is to provide shareholders with current income by primarily investing in regulatory capital securities of financial institutions [2] - The fund is managed by ArrowMark Asset Management, LLC [2] Financial Performance - As of August 31, 2025, ArrowMark Financial's estimated and unaudited Net Asset Value (NAV) was $22.68 [1]

Accessibility StatementSkip Navigation PHILADELPHIA, Sept. 11, 2025 /PRNewswire/ -- The Boards of Directors of abrdn Global Income Fund, Inc. (NYSE American: FCO) (the "Acquired Fund") and abrdn Asia-Pacific Income Fund, Inc. (NYSE American: FAX) (the "Acquiring Fund") announce today that each have approved the merger of FCO into FAX (the "Reorganization"). The proposed Reorganization is subject to the receipt of necessary Acquired Fund shareholder approvals. There are no proposed changes to the current obj ...