Core Viewpoint - Ellsworth Growth and Income Fund Ltd. has declared a quarterly cash distribution of $0.16 per share, marking a 23% increase from the previous $0.13 per share, resulting in an annual distribution rate increase from $0.52 to $0.64 per share, driven by a market total return of 27% in 2024 [1]. Distribution Policy - The Fund aims to pay the greater of either an annual distribution of 5% of the trailing 12-month average month-end market prices or an amount that meets the minimum distribution requirement set by the Internal Revenue Code for regulated investment companies [2]. - The Board of Trustees 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]. Tax Implications - Portions of the distribution may be classified as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals in taxable accounts, with an additional 3.8% Medicare surcharge applicable to certain high-income U.S. shareholders [4]. Earnings and Return of Capital - If the Fund's earnings do not meet or exceed the total distributions in a year, the excess amount distributed will be considered a return of capital, which is generally not taxable and reduces the shareholder's cost basis [5]. Distribution Components - For the fiscal year ending September 30, 2025, distributions to common shareholders are estimated to consist of approximately 19% from net investment income and 81% from net capital gains, with final determinations made after year-end [6]. Fund Overview - Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with total net assets of $186 million, primarily investing in convertible securities and common stock to provide income and potential capital appreciation [7].

Distribution Announcement - The Gabelli Healthcare & Wellness Trust has approved an increase in the annualized distribution to $0.68 per share, with quarterly payments of $0.17 per share starting June 23, 2025 [1] - The Fund may also pay an adjusting distribution in December based on additional income and net realized capital gains exceeding the quarterly distributions for the year [2] Distribution Review Process - The Board of Trustees reviews potential distributions each quarter, considering the Fund's income, realized capital gains, and available capital [3] - The distribution policy is subject to modification or termination by the Board at any time, with no guarantee of continuation [3] Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for long-term capital gains [4] - Certain U.S. shareholders may incur a 3.8% Medicare surcharge on net investment income, which includes dividends and capital gains from the Fund [4] Earnings and Return of Capital - If the Fund's earnings do not meet or exceed the total distributions in a year, the excess amount distributed will be considered a return of capital, generally not taxable [5] - In 2025, distributions to common shareholders are estimated to include approximately 4% from net investment income, 80% from net capital gains, and 16% 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 $218 million, focusing on long-term capital growth [7]

Distribution Policy - The Gabelli Equity Trust Inc. has declared a cash distribution of $0.15 per share, reaffirming its 10% distribution policy, payable on June 23, 2025, to shareholders of record on June 13, 2025 [1] - The Fund aims to pay a minimum annual distribution of 10% of its average net asset value, calculated based on the last day of the four preceding calendar quarters [2] Financial Monitoring - The Board of Directors reviews potential distributions quarterly, considering the Fund's net asset value and the financial market environment [3] - The distribution policy is subject to modification by the Board, and there is no guarantee that it will continue [3] Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for long-term capital gains [4] - Certain U.S. shareholders may incur a 3.8% Medicare surcharge on their net investment income, which includes dividends and capital gains from the Fund [4] Earnings and Returns - If the Fund's earnings do not meet the aggregate distributions, 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 include approximately 2% from net investment income, 21% from net capital gains, and 77% as a return of capital [6] Company Overview - The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with total net assets of $2.0 billion, focusing on long-term capital growth [7]

Group 1 - The Shenzhen Semiconductor and Integrated Circuit Industry Investment Fund, "Saimi Industry Private Fund," has been officially established with a registered capital of 3.6 billion yuan [1] - Longgang Financial Holdings Company, established in November 2015, has a registered capital of 6.168 billion yuan and focuses on comprehensive financial services including guiding funds, equity investment, microloans, financing guarantees, and leasing [1] - The company has developed a comprehensive financial service framework, forming a fund matrix that supports the entire lifecycle of enterprise development, with a total scale of 47.6 billion yuan in industrial funds [1] Group 2 - The loan, guarantee, and leasing business segments of Longgang Financial Holdings have cumulatively served enterprises exceeding 65 billion yuan [1] - The company aims to enhance its reform and development efforts, strengthen patient capital, and deepen financial empowerment for high-quality industrial development [1] - Longgang Financial Holdings is committed to cultivating a strategic emerging industry ecosystem to contribute to the establishment of a modern urban area model in Longgang [1]

本期导读： 2025年，并购与S市场迎来新一轮扩容，地方国资、险资巨头及产业资本竞相入局，为市场注入多 元化活力。 作者丨FOFWEEKLY 本期推荐阅读5分钟 "当下的市场环境，真有种'困兽犹斗'的感觉，募资难、退出难。"有GP无奈吐槽。 募资和退出之困， 如同巨石横路，成为VC/PE核心痛点。事实上，今年以来，越来越多并购基 金、S基金落地，这背后也正是市场解决退出困境的急切探索。 尽管退出难题依然横亘在前，但各地围绕行业发展依旧不遗余力，近期，福建更是重磅出手， 宣 布 打造1300亿母基金矩阵，设立百亿并购基金和百亿S基金。 福建重磅出手 福建重磅出手， 1300亿母基金领航，百亿级并购基金与S基金双管齐下。 近日，福建省政府办公厅印发《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》 （以下简称《若干措施》）。《若干措施》中明确提出，要加大企业并购重组支持力度， 设立规 模达100亿元的省级并购基金， 同时加强并购重组服务和投后赋能，对于成功落地的并购项目给予 重点服务保障。在培育耐心资本服务科技创新方面，福建省也将设立 100亿元的省级S基金 ，旨在 为优质科技型企业持续赋能。 《若干措 ...

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].

Group 1 - The focus is on income-producing asset classes such as REITs, ETFs, Preferreds, and 'Dividend Champions' that target premium dividend yields up to 10% [1] - iREIT®+HOYA Capital is highlighted as a premier income-focused investing service that offers sustainable portfolio income, diversification, and inflation hedging [2] - The article updates a prior comparison of preferred shares of Eagle Point Income Co Inc., specifically focusing on those with the longest maturities [3] Group 2 - The author has a beneficial long position in shares of IBHH, IBHI, and EICA through various financial instruments [4] - Seeking Alpha emphasizes that past performance does not guarantee future results and that no specific investment recommendations are provided [5]

Core Viewpoint - Fujian Province is establishing a 10 billion yuan provincial-level Science and Technology Innovation Relay S Fund to empower high-quality technology enterprises through investment [1] Group 1: Fund Establishment and Purpose - The Fujian Provincial Government is promoting measures to enhance capital market services for high-quality development of technology enterprises [1] - The 10 billion yuan S Fund will focus on investing in high-quality technology companies to provide continuous support [1] Group 2: Encouragement of Investment and Fund Aggregation - Local governments are encouraged to create fund aggregation zones to attract various types of investments, including angel, venture, and private equity funds [1] - Selected high-performing private equity and venture capital funds will receive priority support in financial innovation pilot applications [1] Group 3: Support for Financial Institutions - The initiative supports qualified commercial banks to establish financial asset investment companies [1] - There is a push for localities to enhance project reserves and recommendations to attract more equity investment funds and resources for technology enterprises [1]

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 ...

Core Viewpoint - The Herzfeld Caribbean Basin Fund, Inc. is proposing a shift in its investment strategy to focus on a "CLO Equity Strategy," aiming for total return and high current income for stockholders [1]. Group 1: Fund's New Strategy - The Fund will redirect its investment focus to equity and junior debt tranches of collateralized loan obligations (CLOs), which consist primarily of below investment grade U.S. senior secured loans [1]. - The primary investment objective will change to maximizing risk-adjusted total returns, with a secondary objective of generating high current income [7]. Group 2: Special Meeting Details - A special meeting of stockholders is scheduled for June 17, 2025, to vote on the proposed changes, with May 5, 2025, set as the record date for stockholder eligibility [2]. - The meeting will take place at the Fund's offices in Miami Beach, Florida, at 10:00 a.m. Eastern Time [2]. Group 3: Proposals for Consideration - Proposal 1 involves the approval of an amended investment advisory agreement allowing the Adviser to receive fees based on managed assets and an incentive fee [7]. - Proposal 2 seeks to revise the Fund's investment objective and reclassify it as non-fundamental [7]. - Proposal 3 aims to amend fundamental policies related to borrowing, senior securities issuance, and other investment activities [7]. Group 4: Proxy Materials and Information Access - Preliminary proxy materials have been filed with the SEC, with a definitive Proxy Statement expected to be filed in late May 2025 [4]. - Stockholders can access these documents for free on the SEC's website and the Fund's website when available [4].