RYE, N.Y., Aug. 21, 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 September 23, 2025 to common shareholders of record on September 16, 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 Reven ...

Group 1 - The Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is identified as a core position for income investing, focusing on leveraged equity investments [2] - The fund aims to provide safe and reliable yields of approximately 8% or more, appealing to both active and passive investors [2] - The majority of the fund's holdings are monthly-payers, which enhances compounding and stabilizes income streams [2] Group 2 - The CEF/ETF Income Laboratory offers managed portfolios and expert-level research to assist members in income and arbitrage strategies related to closed-end funds and exchange-traded funds [2] - The community consists of over a thousand members who share insights and strategies for maximizing income opportunities [2]

Core Points - The Gabelli Healthcare & Wellness Trust declared a cash distribution of $0.17 per share, payable on September 23, 2025, to shareholders of record on September 16, 2025 [1] - The Fund plans to pay quarterly distributions determined by the Board of Trustees, with an additional adjusting distribution in December based on excess income and net realized capital gains [2] - The Board of Trustees reviews potential distributions each quarter, considering the Fund's net asset value and market conditions, with the distribution policy subject to modification or termination [3] Distribution Details - The distribution may be treated as long-term capital gain or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals [4] - If the Fund's earnings do not cover the total distributions in a year, the excess amount will be deemed a return of capital, generally not taxable and reducing the shareholder's cost basis [5] - In 2025, distributions to common shareholders are estimated to consist of approximately 6% from net investment income, 74% from net capital gains, and 20% as a return of capital [6] Fund Overview - The Gabelli Healthcare & Wellness Trust is a diversified, closed-end management investment company with total net assets of $197 million, focusing on long-term capital growth [7]

Core Viewpoint - The Gabelli Multimedia Trust Inc. has approved the continuation of its fixed monthly cash distribution policy, with specific amounts declared for the last quarter of 2025 [1][2]. Distribution Details - The cash distributions for October, November, and December 2025 are set at $0.07, $0.07, and $0.08 per share, respectively, totaling $0.22 per share for the quarter [2]. - The distribution schedule includes record dates and payable dates for each month, with October 17, November 13, and December 12 as record dates, and corresponding payable dates on October 24, November 20, and December 19 [2]. Distribution Policy Changes - The Fund previously operated under a "managed distribution policy" but will no longer rely on this exemptive relief for its monthly distributions [3]. - 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 [4]. Financial Information - In 2025, all distributions to common shareholders are deemed to be 100% from paid-in capital on a book basis, although this does not reflect tax reporting information [5]. - Shareholders will receive notifications regarding the components and tax treatment of distributions in early 2026 via Form 1099-DIV [5]. Company Overview - The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with total net assets of $208 million, focusing on long-term capital growth [6].

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% [1][2] - The service provides managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2] - The community consists of over a thousand members focused on finding the best income ideas, with a majority of holdings being monthly-payers to enhance compounding and smooth income streams [2] Group 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 - Chengdu Xingmei Juneng Equity Investment Fund Partnership (Limited Partnership) has been established with a capital contribution of 1 billion yuan, focusing on private equity investment, investment management, and asset management activities [1] Company Summary - The newly established fund is a collaboration involving Chengdu Wutong Tree Innovation and Entrepreneurship Investment Partnership (Limited Partnership) among other contributors [1] - The fund's operational scope includes private equity investment, investment management, and asset management [1]

Group 1 - The abrdn Emerging Markets ex-China Fund (NYSE: AEF) specifically targets investments in emerging markets while excluding China holdings [2] - The fund aims to provide safe and reliable yields of approximately 8% to its investors [2] - The service includes managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of closed-end funds (CEFs) and exchange-traded funds (ETFs) [2] Group 2 - The CEF/ETF Income Laboratory community consists of over a thousand members focused on income investing strategies [2] - The majority of the fund's holdings are monthly-payers, which aids in faster compounding and smoothing income streams [2]

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% [1][2] - The service offers managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2] - The community consists of over a thousand members focused on finding the best income ideas, with a majority of holdings being monthly-payers to enhance compounding and smooth income streams [2] Group 2 - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on CEFs and ETFs [3] - The article indicates a potential initiation of a long position in BTCI within the next 72 hours [5]

企查查APP显示，近日，南通紫琅湖创新母基金（有限合伙）成立，出资额5亿元，经营范围包含：股 权投资；以自有资金从事投资活动。企查查股权穿透显示，该企业由南通元创科技投资有限公司等共同 出资。 （原标题：南通紫琅湖创新母基金成立，出资额5亿） ...

Group 1 - The Board of Directors of Total Return Securities Fund, Inc. plans to authorize the issuance of non-transferable rights for shareholders to purchase additional shares at 85% of the net asset value on the expiration date [1] - Following the rights offering, the Board intends to authorize a tender offer to purchase either 30% of the Fund's outstanding shares if at least 8 million shares are issued, or the greater of 15% of outstanding shares or a number that results in approximately $90 million in net assets if fewer than 8 million shares are issued [2]