Core Viewpoint - The government investment funds will undergo significant reforms aimed at enhancing their role in supporting national strategies, promoting industrial upgrades, and fostering innovation and entrepreneurship [1] Group 1: Guidelines and Objectives - The draft guidelines emphasize that the establishment of government investment funds should align with the national strategy for a unified market and should not focus solely on attracting investments [2] - Investment directions must comply with macro-control requirements for national productivity layout, avoiding investments in industries with structural contradictions and preventing blind following in emerging industries [2] - The guidelines encourage mergers and acquisitions in relevant industries, accelerate technological updates, and promote quality upgrades in industries [1][2] Group 2: Investment Focus Areas - The guidelines outline four key support areas for government investment funds, which should align with national industrial adjustment and foreign investment encouragement directories [2] - National-level funds are encouraged to support modernization of industries, tackle key core technology challenges, and address major cross-regional projects, focusing on critical areas to demonstrate leadership [2] - Local funds should consider regional financial capabilities, industrial resources, and debt risks, selecting investment areas that enhance local advantages and support small and micro enterprises [2] Group 3: Operational Restrictions - Government investment funds are required to increase high-end capacity supply, focusing on industrial technological innovation and addressing critical technology challenges [3] - Investment funds must not engage in practices that increase local government hidden debts, and are restricted from public trading of stocks, derivatives trading, and providing guarantees for entities outside the invested companies [3]

Core Viewpoint - The press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. with details regarding the distribution to be paid on July 31, 2025, and cumulative distributions for the fiscal year to date [1]. Distribution Policy - The Fund has a managed distribution policy since March 2015, allowing for regular monthly distributions at a fixed rate per common share, aimed at delivering long-term total return potential [2]. - The Board of Directors retains the authority to amend, terminate, or suspend this policy, which could negatively impact the market price of the Fund's shares [2]. Distribution Sources - Monthly distributions may consist of long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes [3]. - Return of capital reduces a shareholder's tax basis in their shares and is not taxable [3]. Distribution Estimates - For July 2025, the estimated distribution per share is $0.1550, with the following breakdown: - Net Investment Income: $0.0232 (14.97%) - Net Realized Short-Term Capital Gains: $0.0000 (0.00%) - Net Realized Long-Term Capital Gains: $0.0723 (46.65%) - Return of Capital: $0.0595 (38.38%) [6]. - Year-to-date cumulative distributions for 2025 total $1.0850 per share [6]. Performance Metrics - The Fund's Year-to-date Cumulative Total Return for fiscal year 2025 (January 1, 2025, to June 30, 2025) is 10.96% [9]. - The Cumulative Distribution Rate for the same period is 4.25% [9]. - The Average Annual Total Return for the five-year period ending June 30, 2025, is 10.49%, with a Current Annualized Distribution Rate of 7.29% [9]. Tax Reporting - Shareholders will receive a Form 1099-DIV for the calendar year to report distributions for federal income tax purposes [10].

Core Viewpoint - The press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. with details regarding the distribution to be paid on July 31, 2025, and cumulative distributions for the fiscal year to date [1]. Distribution Policy - The Fund has a managed distribution policy since December 2017, aiming to deliver long-term total return potential through regular monthly distributions at a fixed rate per common share [2]. - This policy allows the Fund to realize long-term capital gains throughout the year and distribute them regularly, although it can be amended or suspended by the Board of Directors [2]. Distribution Composition - Monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes [3]. - Return of capital reduces a shareholder's tax basis in their shares and is not taxable [3]. Distribution Estimates - For July 2025, the estimated distribution per share is $0.1360, with the following breakdown: - Net Investment Income: $0.0552 (40.59%) - Return of Capital: $0.0808 (59.41%) - Year-to-date distributions total $0.9520 per share, with 74.09% from net investment income and 21.72% from return of capital [5][6]. Performance Metrics - The Fund's Year-to-date Cumulative Total Return for fiscal year 2025 (January 1, 2025, to June 30, 2025) is 4.59%, with a Cumulative Distribution Rate of 4.49% [9]. - Over the five-year period ending June 30, 2025, the Average Annual Total Return is 8.57%, and the Current Annualized Distribution Rate is 7.70% [10]. NAV Calculation - The Fund's NAV is calculated as the total market value of all securities and assets held minus total liabilities, divided by the total number of shares outstanding [8]. - While NAV performance may indicate investment performance, it does not measure the value of a shareholder's individual investment, which is determined by the market price based on supply and demand [8]. Tax Reporting - Shareholders will receive a Form 1099-DIV for the calendar year to report distributions for federal income tax purposes [11]. - The final tax characteristics of the Fund's distributions will be determined after the end of the calendar year [4].

Core Viewpoint - The press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. with details regarding the distribution to be paid on July 31, 2025, and cumulative distributions for the fiscal year to date [1]. Distribution Policy - The Fund has a managed distribution policy since December 2011, allowing for regular monthly distributions at a fixed rate per common share, aimed at delivering long-term total return potential [2]. - The Board of Directors retains the authority to amend, terminate, or suspend this policy, which could negatively impact the market price of the Fund's shares [2]. Distribution Composition - Monthly distributions may consist of long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes [3]. - Return of capital reduces a shareholder's tax basis in their shares and is not taxable [3]. Distribution Information - Information regarding monthly distributions will be posted on the Fund's website and mailed to shareholders, but final tax characteristics will be determined after the end of the calendar year [4]. Current and Year-to-Date Distribution Estimates - For July 2025, the estimated total current distribution is $0.0800 per share, with the following breakdown: - Net Investment Income: $0.0013 (1.63%) - Net Realized Short-Term Capital Gains: $0.0000 (0.00%) - Net Realized Long-Term Capital Gains: $0.0787 (98.37%) - Return of Capital: $0.0000 (0.00%) [6]. - Year-to-date cumulative distributions total $0.5600 per share, with the following breakdown: - Net Investment Income: $0.1556 (27.78%) - Net Realized Short-Term Capital Gains: $0.0861 (15.38%) - Net Realized Long-Term Capital Gains: $0.3183 (56.84%) - Return of Capital: $0.0000 (0.00%) [6]. Fund Performance Metrics - The Fund's year-to-date cumulative total return for fiscal year 2025 (January 1, 2025, to June 30, 2025) is 3.99%, with a cumulative distribution rate of 4.82% [9]. - The average annual total return for the five-year period ending June 30, 2025, is 7.60%, and the current annualized distribution rate is 8.27% [9][10]. Net Asset Value (NAV) - The Fund's NAV is calculated as the total market value of all securities and assets held minus total liabilities, divided by the total number of shares outstanding [8]. - While NAV performance may indicate investment performance, it does not reflect the value of a shareholder's individual investment, which is determined by the market price based on supply and demand [8].

Core Viewpoint - SuRo Capital Corp. will report its financial results for the quarter ended June 30, 2025, on August 6, 2025, after the U.S. market closes [1]. Company Overview - SuRo Capital Corp. is a publicly traded investment fund focused on investing in high-growth, venture-backed private companies [4]. - The fund aims to create a portfolio of high-growth emerging private companies through a disciplined investment approach, providing investors access to these companies via publicly traded common stock [4]. - SuRo Capital has positioned itself as a gateway to venture capital, offering unique access to innovative private companies before they go public [4]. - The company's diverse portfolio includes sectors such as AI infrastructure, emerging consumer brands, and advanced software solutions for both consumer and enterprise markets [4]. - SuRo Capital is headquartered in New York, NY, with an additional office in San Francisco, CA [4].

| Average Annual Total Return for the 5-year period ended on June 30, 20252 | 18.73 | % | | --- | --- | --- | | Current Annualized Distribution Rate (current fiscal year)3 | 3.16 | % | | Current Fiscal Year Cumulative Total Return4 | 22.11 | % | | Cumulative Distribution Rate (current fiscal year)5 | 2.10 | % | 1 The Fund's current fiscal year began on November 1, 2024. 2 Average Annual Total Return represents the simple arithmetic average of the Annual NAV Total Returns of the Fund for the last five years. ...

Core Viewpoint - 180 Degree Capital Corp. has received a recommendation from Glass Lewis to vote "FOR" the all-stock merger with Mount Logan Capital Inc., indicating a favorable assessment of the merger's strategic rationale and valuation for shareholders [1][2]. Summary by Sections Merger Recommendation - Glass Lewis supports the proposed merger, highlighting the strategic rationale and favorable valuation for 180 Degree Capital shareholders [1]. - The recommendation is based on a well-run process by the Special Committee of 180 Degree Capital's Board of Directors in evaluating strategic alternatives [1]. Shareholder Engagement - CEO Kevin M. Rendino expressed confidence in the merger's potential to create significant shareholder value, bolstered by positive early voting and discussions with shareholders [2]. - The special meeting for shareholder voting is scheduled for August 22, 2025, with instructions provided for casting votes [2]. Company Background - 180 Degree Capital Corp. is a publicly traded closed-end fund focused on investing in undervalued small companies, aiming for significant turnarounds through constructive activism [4]. - The company emphasizes the importance of shareholder value and has conducted thorough negotiations to secure an improved offer from Mount Logan compared to the initial proposal [5]. Proxy Materials - 180 Degree Capital has filed a definitive proxy statement with the SEC regarding the merger, urging shareholders to read the materials carefully for important information [6]. - Shareholders can access the joint proxy statement and prospectus through the company's investor relations website [2][6].

Core Points - The Jinan Jiaorun Industrial Development Equity Investment Fund has been established with a registered capital of 1 billion RMB [1] - The fund is managed by Jiao Yin Capital Management Co., Ltd. and Jinan Financial Investment New Momentum Private Fund Management Co., Ltd. [1] - The fund's activities include private equity investment, investment management, and asset management [1] Company Involvement - The fund is co-funded by Jiao Yin Financial Asset Investment Co., Ltd., Jinan Financial Investment New Momentum Private Fund Management Co., Ltd., and the Yellow River Basin Development Industrial Investment Fund (Jinan) Partnership [1] - The establishment of this fund indicates a collaborative effort among multiple financial entities to enhance investment opportunities in the region [1]

天眼查显示，近日，济南交融产业发展 股权投资基金合伙企业（有限合伙）成立，执行事务合伙人为 交银资本管理有限公司、济南财投新动能私募基金管理有限公司，出资额10亿人民币，经营范围包括以 私募基金从事股权投资、投资管理、资产管理等活动。合伙人信息显示，该基金由交银金融 资产投资 有限公司、济南财投新动能私募基金管理有限公司、黄河流域发展产业投资基金（济南）合伙企业（有 限合伙）等共同出资。 ...

Group 1 - The establishment of Henan Province Equity Investment Fund Partnership (Limited Partnership) has been registered with a capital contribution of 1 billion RMB [1] - The business scope includes private equity investment, investment management, and asset management activities [1] - The fund is co-funded by Henan Investment Group Co., Ltd. and Henan Zhongjin Huirong Private Fund Management Co., Ltd. [1]