论坛： 「2025母基金年度论坛暨第六届鹭江创投论坛」携手香港，嘉宾阵容发布 荐读： 事关政府投资基金，国家发改委公开征求意见 热文： 上海国资，买了一家上市公司 报告： LP出资热度回升，创投市场走出 "寒冬"｜月度LP观察 对接需求请扫码 每日｜荐读 据企查查显示：近日，宜宾智创数字经济产业发展基金合伙企业（有限合伙）成立，执行事务合伙人为宜宾五粮液基金管理有限公司，出资额10.1亿 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，该企业由四川省宜宾五粮液集团有限公司、宜宾五 粮液基金管理有限公司共同出资。 ...

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 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 majority of holdings in the portfolios are monthly-payers, which enhances compounding and smooths income streams for investors [2] Group 2 - Municipal bonds are highlighted for providing a steady and predictable stream of interest payments, with the added benefit of being federally tax-free [2] - The investing group includes experienced contributors who provide expert-level research to help members benefit from income and arbitrage strategies [2][3]

Core Points - The record date for investors to participate and vote in the general meeting has been corrected from August 30, 2025, to August 29, 2025, which is a trading day [1] - Investors registered in the Baltic Horizon Fund registry maintained by Nasdaq CSD SE and holders of Swedish Depository Receipts registered in Euroclear Sweden AB must be recorded by the end of business on August 29, 2025, to be eligible for participation [1] Company Information - Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Northern Horizon Capital AS, which holds an Alternative Investment Fund Manager license [2] - Both the Baltic Horizon Fund and Northern Horizon Capital AS are supervised by the Estonian Financial Supervision Authority [2] - Additional information can be obtained by contacting the fund manager, Tarmo Karotam, via email or through the fund's website [2]

Group 1 - Pearl Gray is a proprietary investment fund and independent market research firm focusing primarily on Fixed-Income and Preferred Shares [1] - The firm also provides analysis on equity REITs, Investment Funds, and Banks, offering a cross-asset blend for readers [1] Group 2 - The content published by Pearl Gray is categorized as Independent Analysis and does not constitute financial advice [1][3] - Readers are encouraged to consult a registered financial advisor before making investment decisions [3]

Group 1 - The company Guolian Minsheng (601456.SH) announced that its wholly-owned private equity investment fund subsidiary, Guolian Tongbao, plans to invest 480 million yuan to jointly establish the Wuxi Guolian Tongzhi Technology Industry Investment Partnership (Limited Partnership) with its affiliate Guolian Life Insurance [1] - The total fund size is set at 1.22 billion yuan, focusing on private equity investments in the fields of new productivity and smart technology [1]

Group 1 - The Guangdong Provincial Industrial Development Investment Fund Partnership has been established with a total investment of 10.01 billion yuan [1] - The fund's managing partner is Guangdong Yuecai Fund Management Co., Ltd., which will engage in private equity investment, investment management, and asset management activities [1] - The fund is jointly funded by Guangdong Yuecai Investment Holding Co., Ltd. and Guangdong Yuecai Fund Management Co., Ltd. [1]

Group 1 - Yangzhou Longtou Xingzhi Phase II Industrial Investment Fund Partnership (Limited Partnership) has been established with a capital contribution of 2 billion yuan [1] - The fund's business scope includes private equity investment, investment management, and asset management activities [1][2] - The fund is co-funded by Yangzhou Longchuan Holding Financial Investment Co., Ltd. and other partners [1][2] Group 2 - The fund is registered in Jiangdu District, Yangzhou City, Jiangsu Province, with a business duration until August 27, 2025 [2] - Major partners include state-owned enterprises, with Yangzhou Longchuan Holding Financial Investment Co., Ltd. holding a 25.5% stake [2][3] - Other partners include Yangzhou Jiangdu District Baisha Park Development Co., Ltd. (25%), Yangzhou Ankang Industrial Investment Co., Ltd. (25%), and Yangzhou Airport New City Industrial Investment Co., Ltd. (12%) [2]

Group 1 - The CEF/ETF Income Laboratory manages portfolios targeting approximately 8% yields through closed-end funds (CEFs) and exchange-traded funds (ETFs) [1][2] - The service is designed for both active and passive investors, providing managed income portfolios that focus on high-yield opportunities [2] - Most holdings in the CEF/ETF Income Laboratory are monthly payers, which facilitates faster compounding and steady income streams [2] Group 2 - Juan de la Hoz has extensive experience in fixed income trading, financial analysis, and operations, with a focus on dividend, bond, and income funds, particularly ETFs [3]

Core Points - The Board of Trustees of Ellsworth Growth and Income Fund Ltd. declared a cash distribution of $0.16 per share, payable on September 23, 2025, to shareholders of record on September 16, 2025 [1] - The Fund aims to pay the greater of an annual distribution of 5% of its trailing 12-month average month-end market price or the minimum distribution requirement set by the Internal Revenue Code for regulated investment companies [2] - The Board reviews potential distributions quarterly, considering the Fund's net asset value and market conditions, and may adjust distributions in December based on additional income and realized capital gains [3] Distribution Details - Distributions may be treated as long-term capital gains 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 considered a return of capital, generally not taxable and reducing the shareholder's cost basis [5] - For the fiscal year ending September 30, 2025, distributions are estimated to consist of approximately 20% from net investment income and 80% from net capital gains [6] Fund Overview - Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with total net assets of $199 million, primarily investing in convertible securities and common stock [7]

Core Viewpoint - The GAMCO Natural Resources, Gold & Income Trust has approved a continuation of its monthly cash distribution policy, declaring $0.05 per share for October, November, and December 2025, with expectations that distributions may exceed earnings and primarily constitute a return of capital for tax purposes [1][2]. Distribution Policy - The Board of Trustees has increased the annual distribution by 25% to $0.60 per share, which will be distributed at $0.05 per share monthly starting in October 2025 [2]. - The distribution schedule is as follows: - October: Record Date - October 17, 2025; Payable Date - October 24, 2025; Distribution - $0.05 - November: Record Date - November 13, 2025; Payable Date - November 20, 2025; Distribution - $0.05 - December: Record Date - December 12, 2025; Payable Date - December 19, 2025; Distribution - $0.05 [3]. Financial Monitoring - The Board of Trustees will review potential distributions quarterly based on income, realized capital gains, and available capital, while considering the Fund's net asset value and market conditions [3]. - The distribution rate should not be interpreted as the dividend yield or total return on investment [3]. Tax Considerations - Distributions will include short-term capital gains, qualified dividend income, ordinary income, and return of capital, allocated on a pro-rata basis [5]. - The final determination of distribution sources will be made after year-end, and shareholders will receive notifications regarding tax treatment in early 2026 via Form 1099-DIV [5]. Fund Overview - The GAMCO Natural Resources, Gold & Income Trust is a diversified, closed-end management investment company with total net assets of $148 million, primarily investing in equity securities of gold and natural resources companies [9]. - The Fund aims to provide a high level of current income through a strategy of writing covered call options on its equity securities [9].