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BMEZ: This Healthcare Fund Is Paying Out More Than It Earns
Seeking Alpha· 2025-08-02 14:49
Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds [1]. Investment Strategy - The investment approach focuses on high-quality dividend stocks and assets that provide long-term growth potential, which can significantly contribute to income generation [1]. - The strategy aims to create a balanced portfolio that captures total returns on par with the S&P index, indicating a blend of growth and income [1].
ABRDN INCOME CREDIT STRATEGIES FUND ANNOUNCES "AT-THE-MARKET" EQUITY OFFERING PROGRAM
Prnewswire· 2025-08-01 20:47
Group 1 - The abrdn Income Credit Strategies Fund has filed a prospectus supplement with the SEC to potentially offer and sell common shares with an aggregate offering price of up to $75 million through at-the-market offerings [1] - The Fund will not sell shares below the current net asset value (NAV) and proceeds from any sales are anticipated to be used for investment purposes [2] - The Fund is a diversified, closed-end management investment company that seeks a high level of current income with a secondary objective of capital appreciation [7] Group 2 - The Fund's shares may be offered directly or through designated agents, underwriters, or dealers, with specific terms outlined in the prospectus supplement [3] - Investors can access the Fund's documents for free on the Fund's website or the SEC's website [4] - The NAV of the Fund will fluctuate with the value of underlying securities, and closed-end funds often trade at a discount to their NAV [6][9]
ABRDN JAPAN EQUITY FUND, INC. (JEQ) ANNOUNCES COMMENCEMENT OF 50% CASH TENDER OFFER
Prnewswire· 2025-08-01 20:17
PHILADELPHIA, Aug. 1, 2025 /PRNewswire/ -- abrdn Japan Equity Fund, Inc. (NYSE: JEQ), a diversified management investment company, announced today the commencement of the previously disclosed cash tender offer to purchase up to 7,072,985 shares, representing approximately 50% of the Fund's outstanding shares, at a price per share equal to 98% of the Fund's net asset value ("NAV") per share as determined by the Fund on the next business day immediately following the expiration date of the tender offer (the " ...
ABRDN JAPAN EQUITY FUND, INC. (JEQ) ANNOUNCES COMMENCEMENT OF 50% CASH TENDER OFFER
Prnewswire· 2025-08-01 20:17
PHILADELPHIA, Aug. 1, 2025 /PRNewswire/ -- abrdn Japan Equity Fund, Inc. (NYSE: JEQ), a diversified management investment company, announced today the commencement of the previously disclosed cash tender offer to purchase up to 7,072,985 shares, representing approximately 50% of the Fund's outstanding shares, at a price per share equal to 98% of the Fund's net asset value ("NAV") per share as determined by the Fund on the next business day immediately following the expiration date of the tender offer (the " ...
DoubleLine Income Solutions Fund Declares August 2025 Distribution
Prnewswire· 2025-08-01 13:10
Core Viewpoint - DoubleLine Income Solutions Fund declared a distribution of $0.11 per share for August 2025, with specific ex-dividend, record, and payment dates set by the Board of Trustees [1][2]. Distribution Details - Declaration Date: August 1, 2025 [2] - Ex-Dividend Date: August 13, 2025 [2] - Record Date: August 13, 2025 [2] - Payment Date: August 29, 2025 [2] Fund Objectives and Investment Strategy - The Fund aims for high current income as its primary objective and capital appreciation as its secondary objective [3]. - It plans to invest at least 80% of its net assets in debt securities and other income-producing investments globally, including emerging markets [3]. - The Fund may invest in mortgage-backed securities and high-yield (below investment grade) securities without limit [3]. Fund Management - DoubleLine Capital LP serves as the investment adviser for the Fund, registered under the Investment Advisers Act of 1940 [4]. Tax Information - The Fund will provide a Form 1099-DIV in early 2026 to specify the tax characteristics of the distributions for the previous calendar year [2][11]. - As of July 31, 2025, the estimated return of capital component for the fiscal year-to-date is $0.148 per share, representing 13% [11]. Additional Information - Investors can access the Annual Report and other details about the Fund through the official website or by contacting the Fund directly [5]. - The Fund is a diversified, closed-end management investment company [9].
福建省级S母基金招GP
FOFWEEKLY· 2025-08-01 10:12
Core Viewpoint - The Fujian Provincial Government Investment Fund Company is seeking to select management institutions for the Fujian Science and Technology Innovation Relay S Fund, aiming to support strategic emerging industries and the transformation of traditional industries in line with national strategies [1][2]. Group 1 - The provincial government investment fund has a registered capital of 10 billion yuan, managed by Fujian Jintou Private Fund Management Company [1]. - The sub-fund must have a target scale of no less than 5 billion yuan, with an initial subscription scale of at least 2 billion yuan [1]. - The provincial fund's contribution to the sub-fund will not exceed 30% of the sub-fund's subscribed scale [1]. Group 2 - The sub-fund is expected to invest at least an amount equal to the contributions from various levels of government in Fujian [1]. - The investment focus includes strategic emerging industries, future industries, and the upgrading of traditional industries [1]. - The management team of the sub-fund is encouraged to be based in Fujian, and if a separate management structure is adopted, the general partner should also be located in the province [1]. Group 3 - The sub-fund must invest in existing underlying assets that are either in the exit period or have completed investment agreements, with at least 70% of the fund's subscribed scale [2]. - Detailed requirements regarding performance evaluation, early exit, investment restrictions, management fees, and performance rewards are outlined in the application guidelines [2].
湖北省又一只区域母基金落地
FOFWEEKLY· 2025-08-01 10:12
近日,咸宁长证高新产业投资母基金完成合伙协议签署及工商注册,成为继武汉都市圈基金、孝感战新基金之后又一只落地的区域母基金。 咸宁区域母基金总规模30亿元,其中:省政府投资引导基金认缴7.5亿元,咸宁市引导基金及产业投资平台认缴15亿元,长江成长资本作为社会资本 认缴7.5亿元,围绕地方优势产业,重点投向大健康、电子信息、绿色能源、新材料等咸宁市"5+4"主导产业和新兴未来产业。 一是导入优质产业项目。作为招引外部优质资源的"强磁石"和"助推器",咸宁区域母基金将依托长江证券产业资源网络优势,主动"走出去",精准对 接符合地方主导产业方向的国内外龙头企业、产业链关键环节项目以及高成长性科技企业。通过股权投资、政策配套、资源嫁接等组合拳,吸引目标 企业在咸宁落户,实现"引进一个项目、带动一个链条、壮大一个集群"的目标。 二是激活区域产投生态。通过母子基金架构设计,吸引更多社会资本投入,实现放大撬动数倍的预期。母基金专注于不同细分领域或不同发展阶段设 立市场化子基金,不仅能有效分散投资风险,还能将省、市两级财政资金的引导作用最大化,带动形成近百亿元规模的投资集群,全面激活区域创新 创业活力。 三是提升产业价值链能级 ...
新华网股份有限公司关于全资子公司参与投资设立新华网盛石清能(南通)股权投资基金合伙企业(有限合伙)的进展公告
Investment Overview - The company’s wholly-owned subsidiary, Xinhua News Venture Capital Co., Ltd., has participated in the establishment of the Xinhua News Shengshi Qingneng (Nantong) Equity Investment Fund Partnership (Limited Partnership) with several other partners, with a total subscribed capital of RMB 35.01 million, where the subsidiary has committed RMB 15 million [2][3] Recent Developments - The general partner of the partnership has been changed from Shanghai Shengshi Capital Management Co., Ltd. to Shanghai Changfeng Huixin Equity Investment Fund Management Co., Ltd. The subscribed capital of Shengshi Capital has increased from RMB 10,000 to RMB 1 million, while Changfeng Huixin's has decreased from RMB 1 million to RMB 10,000 [3][4] Partnership Agreement Changes - A new partnership agreement has been signed reflecting changes in the profit distribution order, including a three-round distribution process based on the partners' actual contributions, with a minimum return rate of 6% per annum for the partners [8][9] Impact on the Company - The changes in the partnership do not adversely affect the interests of the partnership or its partners, and the subsidiary's investment amount and method remain unchanged, indicating no significant impact on the company's financial and operational status [10]
两大新政推动政府投资基金四个支持重点领域
Chang Jiang Shang Bao· 2025-07-31 05:16
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]
Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
Prnewswire· 2025-07-30 21:55
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].