Core Viewpoint - Priority Income Fund, Inc. will redeem all outstanding shares of its 6.125% Series I Term Preferred Stock due 2028 at a price of $25 per share, plus accrued but unpaid dividends, with the redemption date set for July 14, 2025 [1][2]. Group 1 - The redemption price for the Series I Preferred Shares will be $25 per share, plus accrued dividends from March 31, 2025, to the redemption date [1][2]. - After the redemption date, dividends on the redeemed shares will cease to accumulate, and holders will only have the right to receive the redemption price [2]. - The Series I Preferred Shares are held through The Depository Trust Company and will be redeemed according to applicable procedures [3]. Group 2 - Following the redemption, the Fund will have outstanding shares of 7.00% Series D Term Preferred Stock due 2029, 6.000% Series J Term Preferred Stock due 2028, 7.000% Series K Cumulative Preferred Stock, and 6.375% Series L Term Preferred Stock due 2029 [4]. - Priority Income Fund is a registered closed-end fund focused on acquiring and growing an investment portfolio primarily consisting of senior secured loans or collateralized loan obligations (CLOs) [5]. - The Fund is managed by Priority Senior Secured Income Management, LLC, which is led by a team from Prospect Capital Management L.P. [5][6].

Core Viewpoint - The announcement of Huatai-PineBridge's flagship product, Huatai-PineBridge CSI 300 ETF, plans to distribute over 8.3 billion yuan in dividends, setting a new record for single dividend distribution in domestic ETFs, surpassing the previous record of 5.322 billion yuan held by E Fund's CSI 300 ETF [3][4] Fund Distribution Summary - As of June 10, the total dividend distribution of public funds in the year approached 100 billion yuan, with bond funds leading at 73.348 billion yuan, accounting for 76.69% of the total [2][4] - The bond funds had 2,087 distributions, showing a year-on-year increase of 27.54% [4] - QDII funds exhibited a remarkable growth rate of 1,777.66% in dividend distribution, becoming the biggest surprise of the year [2][4] Individual Fund Performance - Huatai-PineBridge CSI 300 ETF has a market size of 378.292 billion yuan and has distributed dividends 13 times since its inception in May 2012 [3] - The bond funds are recognized for their ability to provide stable cash flow, especially favored by institutional investors [4] - Stock funds distributed 13.018 billion yuan, with a significant increase of 148.41% in distribution frequency [4] - Mixed funds also saw a 162.81% increase, distributing 4.270 billion yuan [4] Management Company Performance - In terms of distribution frequency, Bosera Fund led with 148 distributions, followed by GF Fund with 129 distributions [5] - E Fund ranked third with 125 distributions, while the total amount distributed by E Fund reached 6.363 billion yuan [6][7] - Notably, Zhongyin Securities achieved 23.98 billion yuan in dividends with only 13 distributions, showcasing high efficiency [7] ETF and Bond Fund Insights - Broad-based ETFs and medium to long-term pure bond funds dominate the high dividend rankings, with Huatai-PineBridge CSI 300 ETF leading the way [8] - Among bond funds, 27 products distributed over 500 million yuan, with 21 being bond funds, highlighting their role as "cash cows" [8] - QDII funds are also gaining attention, with Guotai Nasdaq 100 Fund distributing 5.87 billion yuan, marking it as the only QDII product in the top 20 [9]

Core Viewpoint - 180 Degree Capital Corp. is progressing with its proposed all-stock merger with Mount Logan Capital Inc., with the expectation that the new entity will operate as New Mount Logan and be listed on Nasdaq under the symbol "MLCI" [1][2][3] Group 1: Merger Details - An amended preliminary joint proxy statement/prospectus was filed with the SEC on June 12, 2025, regarding the merger [1] - The valuation of Mount Logan at the time of signing was approximately $67.4 million, with 180 Degree Capital shareholders receiving ownership in New Mount Logan based on 180 Degree Capital's net asset value at closing [1] - The SEC review process is ongoing, and the company aims to set record and meeting dates for a special meeting to seek shareholder approval during the third quarter of 2025 [2][3] Group 2: Shareholder Engagement - Approximately 14% of non-insider shareholders have signed voting agreements or provided non-binding indications of support for the merger [3] - The company appreciates the engagement from shareholders and is committed to addressing their questions and comments [3] Group 3: Company Background - 180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in undervalued small publicly traded companies, aiming for significant turnarounds through constructive activism [4]

华夏时报（www.chinatimes.net.cn）记者 谢碧鹭 帅可聪 北京报道 近年来，随着投资者对资产配置需求的不断攀升，ETF市场迎来了前所未有的发展机遇。大量资金涌入 ETF市场，推动其市场规模稳步增长。Wind数据显示，截至6月12日收盘，全市场约1200只ETF产品， 今年净流入额约2500亿元，近四成产品净流入额为正。在众多ETF产品中，黄金ETF凭借其独特的避险 属性和投资价值，强势崛起，成为资本市场的"新宠"。 与此同时，全球掀起"购金热"，2024年各国央行黄金净购买量高达1045吨，连续第三年突破千吨大关。 我国央行也连续7个月增持黄金，截至5月末，黄金储备为7383万盎司。在这样的大背景下，机构分析认 为，央行购金需求或成为中长期趋势，特别是在美元信用走弱和逆全球化风险上升的背景下，全球央行 将继续增持黄金以提升储备资产的安全性和多元化。 ETF规模持续扩大 近年来大量资金如洪流般涌入ETF市场，推动其市场规模不断迈向新高度。Wind数据显示，截至6月12 日收盘，全市场约1200只ETF产品，今年以来全市场ETF净流入额约2500亿元，近四成产品净流入额为 正。 在竞争激烈的金融 ...

Core Viewpoint - The shareholder change of ICBC Credit Suisse Asset Management has been finalized after 10 months, with UBS becoming the second-largest shareholder holding 20% of the shares, while ICBC retains 80% [1][4]. Shareholder Change Details - UBS officially became a shareholder with over 5% stake in ICBC Credit Suisse Asset Management, with the change in ownership registered [4]. - The change in ownership was a passive result of UBS's acquisition of Credit Suisse, which included the 20% stake in ICBC Credit Suisse Asset Management [5]. - The entire process took approximately 10 months, from the submission of the application to the approval by the regulatory authority [5]. Company Operations and Governance - ICBC Credit Suisse Asset Management plans to enhance corporate governance and investment research capabilities while maintaining compliance and risk management [5]. - UBS has not appointed management personnel to ICBC Credit Suisse Asset Management, indicating no substantial impact on daily operations [5]. - The name of ICBC Credit Suisse Asset Management will remain unchanged in Chinese, with only adjustments made to the English name and website domain [6]. Market Position and Growth - ICBC Credit Suisse Asset Management, established in June 2005, manages 257 funds with a total net asset value of 792.8 billion yuan, ranking 13th in the industry [6]. - UBS has previously invested in the Chinese public fund market, holding a 49% stake in Guotai Junan Fund, which has a fund asset scale of 248.4 billion yuan [7]. - UBS has expressed a strong commitment to the Chinese market, viewing it as a key strategic area for growth [7]. Industry Trends - Several foreign institutions are increasingly interested in the Chinese public fund market, with multiple foreign entities accelerating their investments [8]. - As of now, there are 9 wholly foreign-owned public fund managers and 42 joint venture fund companies in China, indicating a growing foreign presence in the market [8]. - Recent capital increases by foreign-owned public funds reflect their expanding business and capital needs in the Chinese market [9].

Group 1 - The Sichuan Provincial Achievement Transformation Investment Guidance Fund has officially launched with a total scale of 5 billion yuan, marking a significant step in the construction of Sichuan's innovation capital ecosystem [1][3] - The fund adopts a structure of "70% subsidiary fund + 30% direct investment," with a maximum duration of 12 years, aiming to provide financial support for technology enterprises throughout their lifecycle [3][4] - The fund has established seven subsidiary funds totaling 4.05 billion yuan, employing a layered strategy to support technology enterprises at different growth stages, from concept validation to industrialization [4] Group 2 - The fund focuses on early-stage investments in hard technology, aligning with the national strategy for technological self-reliance and targeting four strategic directions to support Sichuan's innovation development [3][4] - The fund plans to invest over 500 million yuan in 2025, with projects already initiated in various fields, including new materials and healthcare, to promote the industrialization of original innovative achievements [4] - Sichuan has over 2,000 technology achievements transformed annually and possesses a trillion-level electronic information and equipment manufacturing industry cluster, indicating a robust environment for innovation [4]

10:34 黄金ETF持仓报告 公布机构：美国SPDR Gold Trust 当前总持仓 937.91 吨黄金 ·II 5G 黄金ETF总持合变化 更新时间:2025-06- 960 950 940 930 920 910 2025-04-16 2025-05-02 2025-05-19 2025-06-05 EBC黄金ETF持仓报告解读 截至6月12日，全球最大的黄金ETF SPDR Gold Trust持仓量为937.91吨，较前一个交易日增加3.72吨，连续第二个交易日增加。6月12日，现货黄连续第二个 交易日反弹，最高升至3398.94美元/盎司，逼近3400美元关口，收盘报3386.71美元/盎司，涨31.74美元或0.95%。随着金价的反弹，ETF持仓量也在连续增 加。 基本面消息，在欧市盘初阶段，黄金一度杀跌，15分钟累计跌近30美元，受到贸易磋商积极消息以及美伊核谈判等地缘政治相关消息的影响。进入美盘之 后，由于美国最新的经济数据爆出意外，美元重挫，黄金持续拉升。 具体来看，美国上周初请失业金升至24.8万，为去年10月以来最高，续请失业金为195.6万，为2021年底以来最高。继5月CPI之 ...

Core Viewpoint - Huatai-PB Fund announced a cash dividend for its Huatai-PB CSI 300 ETF, with a distribution of 0.880 yuan per 10 fund shares, marking a significant event in the ETF market [1][3]. Group 1: Dividend Announcement - The dividend record date is set for June 17, with the ex-dividend date on June 18, and the cash dividend payment date on June 27 [1]. - The Huatai-PB CSI 300 ETF is currently the largest ETF product in the market, with a size close to 380 billion yuan as of June 10 [3]. - The total dividend amount for this distribution is expected to exceed 8 billion yuan, assuming no significant changes in fund shares before the record date [3]. Group 2: Historical Context - Since its establishment on May 4, 2012, the Huatai-PB CSI 300 ETF has distributed dividends 13 times, with a total dividend amount projected to surpass 16 billion yuan after this distribution [3]. - Other ETFs under Huatai-PB Fund, including the Huatai-PB CSI Hong Kong Stock Connect High Dividend Investment ETF and others, also announced dividend distributions [3]. Group 3: Market Trends - The total dividend amount for all ETFs in the market has exceeded 12 billion yuan this year, a significant increase from approximately 5 billion yuan in the same period last year, setting a historical high for the same timeframe [3]. - Major contributors to this year's dividend growth include broad-based and dividend-themed ETFs, with several funds reporting dividends exceeding 2 billion yuan [3]. Group 4: Industry Insights - The surge in equity ETF dividends is attributed to multiple factors, including enhanced cash dividend regulations for listed companies and a growing emphasis on investor experience by public funds [4]. - The thriving ETF market provides a solid foundation for large-scale dividend distributions [4].

Core Viewpoint - Sprott Asset Management has announced an update to its at-the-market equity program, allowing the issuance of up to U.S.$100 million in units of the Sprott Physical Platinum and Palladium Trust, aimed at investing in physical platinum and palladium bullion [1][4]. Group 1: Equity Program Details - The updated at-the-market equity program will be executed under an amended sales agreement with various agents, including Cantor Fitzgerald and BMO Capital Markets [2][3]. - Sales of units will occur on the NYSE Arca and the Toronto Stock Exchange at prevailing market prices, with the timing and volume of sales determined at the Trust's discretion [3][4]. Group 2: Use of Proceeds - Proceeds from the equity program will be utilized to acquire physical platinum and palladium bullion, aligning with the Trust's investment objectives [4]. Group 3: Regulatory and Compliance Information - The offering is made pursuant to a prospectus supplement filed with the SEC and Canadian securities authorities, ensuring compliance with applicable regulations [5][6]. - The listing of the units on the NYSE and TSX has been approved, subject to meeting all listing requirements [6]. Group 4: Company Background - Sprott Asset Management is a subsidiary of Sprott Inc., specializing in precious metals and critical materials investments, with a focus on providing in-depth knowledge and investment strategies [8][9].

Group 1: Guggenheim Strategic Opportunities Fund - The fund has maintained monthly distributions for over a decade but has not covered its net investment income for the last seven years, leading to a decline in its net asset value (NAV) [2][3] - The fund's NAV currently stands at $11.50, and it has increased leverage to boost investment income, which is not a sustainable strategy [3][4] - The market is pricing the fund at a 28.5% premium to its NAV, indicating a potential mispricing [4] Group 2: Whirlpool - Whirlpool is positioned to benefit from U.S. tariffs and the administration's support for American manufacturing, particularly against Asian competitors [5] - The company faces challenges from a weak housing market, which affects discretionary appliance sales, crucial for its earnings [6] - Whirlpool's annual dividend consumes $390 million in cash, while expected free cash flow (FCF) for 2025 is projected between $500 million and $600 million [9] - The company has $1.85 billion in debt maturing in 2025 and plans to refinance $700 million, but this could be jeopardized if earnings guidance is missed [10] Group 3: UPS - UPS's dividend may be at risk, and cutting it could enhance the company's investment potential [11] - The company initially estimated generating $5.7 billion in FCF while paying $5.5 billion in dividends, but guidance has become uncertain due to economic impacts from tariffs [11][12] - UPS is intentionally reducing lower-margin Amazon delivery volumes, which could further affect its financial outlook [12] - A dividend cut could allow UPS to allocate more earnings towards investments that improve return on equity (RoE) [13][15]