Core Viewpoint - The GDL Fund has declared a cash distribution of $0.12 per share, payable on June 23, 2025, to shareholders of record on June 13, 2025, while the Board of Trustees will continue to monitor the distribution level based on the Fund's net asset value and market conditions [1]. Distribution Policy - The Fund makes annual distributions of realized net long-term capital gains and quarterly cash distributions of its taxable income to common shareholders, with the possibility of a portion being a return of capital [2]. - The Fund may distribute more than the income earned in a period to maintain stable distributions, and current distributions are subject to modification by the Board of Trustees [2]. Earnings and Returns - If the Fund's earnings do not meet the total distributions in a year, the excess amount distributed is considered a return of capital, which is generally not taxable and reduces the shareholder's cost basis [3]. - Distributions for 2025 are estimated to include approximately 5% from net investment income, 3% from net capital gains, and 92% deemed a return of capital [4]. Tax Reporting - The final determination of distribution sources will be made after year-end, and shareholders will receive notifications regarding the components and tax treatment of distributions in early 2026 via Form 1099-DIV [4]. Fund Overview - The GDL Fund is a diversified, closed-end management investment company with total net assets of $131 million, aiming for absolute returns in various market conditions without excessive capital risk [5].

RYE, N.Y., May 14, 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 June 23, 2025 to common shareholders of record on June 13, 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 Revenue Code for ...

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (the “Fund”) approved an increase in the annualized distribution to $0.68 per share, which will be paid $0.17 per share quarterly, commencing with the quarterly distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025. The Fund intends to pay a quarterly distribution determined by the Board of Trustees. In addition to the quarterly distributions, and in accordance wit ...

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2025 to common stock shareholders of record on June 13, 2025. The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of t ...

Core Viewpoint - Priority Income Fund, Inc. will redeem all outstanding shares of its 6.625% Series F Term Preferred Stock due 2027 at a price of $25 per share, plus accrued but unpaid dividends, with the redemption date set for June 11, 2025 [1][2]. Group 1: Redemption Details - The redemption price will be $25 per Series F Preferred Share, plus accrued but unpaid dividends from March 31, 2025, to the redemption date [1]. - On the redemption date, dividends will cease to accumulate on the redeemed shares, and holders will only have the right to receive the redemption price [2]. - The Series F Preferred Shares are held through The Depository Trust Company and will be redeemed according to applicable procedures [3]. Group 2: Remaining Preferred Shares - After the redemption of the Series F Preferred Shares, the Fund will have outstanding shares of several other preferred stocks, including 7.00% Series D Term Preferred Stock due 2029, 6.125% Series I Term Preferred Stock due 2028, 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]. Group 3: Company Overview - Priority Income Fund, Inc. 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]. - Prospect Capital Management L.P. has over 37 years of experience in managing high-yielding debt and equity investments, with $8.3 billion in assets under management as of December 31, 2024 [6].

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福建：筹设100亿元省级科创接力S基金 为基金投资的优质科技型企业接续赋能 智通财经5月12日电，福建省人民政府办公厅印发《关于进一步推动资本市场服务科技型企业高质量发 展的若干措施》。其中提到，培育耐心资本服务科技创新。由省金融投资公司、省投资集团筹设100亿 元省级科创接力S基金（私募股权二级市场基金），为基金投资的优质科技型企业接续赋能。鼓励各地 建设基金集聚区，通过遴选优质机构负责基金集聚区运营，提供一站式服务，吸引天使投资、风险投 资、创业投资等各类基金在闽集聚；对私募股权创投基金净资产规模排全省前列的县（市、区），在申 请金融创新试点等方面予以重点支持。支持符合条件的法人商业银行发起设立金融资产投资公司。推动 各地加强项目储备和推荐，吸引更多的金融资产投资公司股权投资资金和资源，支持科技型企业发展。 ...

深圳商报·读创客户端首席记者 谢惠茜 深圳再放金融"大招"！5月9日，深圳市地方金融管理局联合深圳证监局发布《深圳市关于发挥资本市场 作用 建设产业金融中心行动方案（2025-2026年）》（下文简称《行动方案》）。这是继2025年深圳政 府工作报告中首次提出"加快建设具有全球重要影响力的产业金融中心"后，政府首次以产业金融为主 线，谋篇布局相关具体举措。《行动方案》提出，"十五五"期间，力争构建形成适配经济社会高质量发 展需求、优质创新资本集聚的高质量资本市场，以一流的创新资本形成机制、一流的标杆企业、一流的 行业机构、一流的市场发展生态、一流的风险防控体系，助力推进中国式现代化深圳新样本、新实践。 拥抱新质生产力发展，构建一流创新资本形成机制 培育壮大耐心资本是深圳近年来的"关键词"，在本次《行动方案》中再次重点提及要培育壮大耐心资 本，服务新质生产力发展。《行动方案》指出，要"聚焦人工智能、新能源、生物医药等"20+8"产业及 重点领域，持续完善长期资本投早、投小、投长期、投硬科技的支持政策。鼓励天使投资、风险投资、 私募股权投资规范发展。推动国资和政府投资基金成为更有担当的长期资本、耐心资本和大胆资本 ...

Bridge Investment Group Holdings Inc. (BRDG) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -47.06%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.18, delivering a surprise of 12.50%.Over the last four ...

MIAMI BEACH, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has filed preliminary proxy materials (“Proxy Materials”) with the U.S. Securities and Exchange Commission in connection with a special meeting of stockholders to be held on June 17, 2025, for its stockholders to consider and vote on proposals necessary to approve the Fund’s conversion from its current investment strategy and redirect the Fund to focus on a “C ...