Group 1 - The abrdn Japan Equity Fund, Inc (NYSE: JEQ) has recently voted to change its strategies and holdings following corporate actions that permit such changes [1] - Binary Tree Analytics (BTA) focuses on providing transparency and analytics in capital markets instruments and trades, particularly in CEFs, ETFs, and Special Situations [1] - BTA aims to deliver high annualized returns with a low volatility profile, leveraging over 20 years of investment experience [1]

Core Viewpoint - ASA Gold and Precious Metals Ltd. has experienced a significant increase of 69.4% in 2025, but it is not currently considered a buy due to its historical performance and market dynamics [2][7]. Fund Overview - ASA manages over $600 million in assets, focusing primarily on gold (72.5% of the portfolio), with mining stocks (24.8%) and silver (2%) making up the rest [3]. - The fund has a low dividend yield of 0.2%, which is considerably below the average yield of 8.5% for closed-end funds (CEFs) [4]. Valuation Metrics - ASA is trading at an 11% discount to its net asset value (NAV), compared to an average discount of 4% for other CEFs [4][5]. - Historically, ASA has maintained a similar discount to NAV for nearly 25 years, indicating a persistent undervaluation [5]. Performance Analysis - The fund's performance is closely tied to gold prices, as evidenced by its 69.4% increase in 2025, driven by a surge in gold prices [7]. - However, ASA has a tendency to decline significantly after periods of rapid gains, as seen in its performance following the gold price increase in early 2016 [8][9]. Investment Strategy - The fund is suitable for short-term traders looking to capitalize on market demand for gold, but it may not be ideal for long-term investors due to its historical underperformance [10]. - Current market conditions suggest that ASA is a sell, and potential investors should wait for a price correction in gold before considering an investment [11].

Group 1 - The Royce Micro Cap Trust (NYSE: RMT) is a closed-end fund that exclusively invests in small publicly traded companies in the United States [1] - The fund aims to generate a 7%+ income yield by focusing on energy stocks while minimizing principal loss risk [1] - A two-week free trial is currently being offered for the investment service, providing access to exclusive research and investment ideas [1]

Core Points - abrdn Japan Equity Fund, Inc. has announced the approval of its reorganization into abrdn Global Infrastructure Income Fund, which will trade under the symbol "ASGI" on the New York Stock Exchange [1][2] - The reorganization involves transferring all assets of the Fund to the Acquiring Fund in exchange for newly issued common shares, with cash potentially distributed for fractional shares [2][3] - A cash tender offer will be conducted prior to the reorganization to purchase up to 50% of the issued shares at 98% of the Fund's net asset value [3][4] Voting Results - At the Special Meeting, 74.7% of the outstanding shares were voted, with 10,016,314 votes in favor of the reorganization and 528,477 against [2][3] - During the Annual Meeting, approximately 89.6% of outstanding common stock was voted, with significant support for the election of two Class II Directors [4][5] - Alan Goodson received 12,223,657 votes for his election, while Rose DiMartino received 12,211,238 votes [5]

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% [1][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 community consists of over a thousand members focused on finding the best income ideas, with a majority of holdings being monthly-payers to enhance compounding and smooth income streams [2] Group 2 - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on CEFs and ETFs [3]

Core Viewpoint - The Bexil Investment Trust is a closed-end fund aimed at investors seeking income, with a focus on generating a 7%+ income yield through energy stock investments while minimizing principal loss [1] Group 1: Fund Overview - The Bexil Investment Trust (OTCPK:BXSY) is designed for income-seeking investors [1] - The fund aims to achieve a 7%+ income yield by investing in a portfolio of energy stocks [1] Group 2: Subscription Service - The service offers subscribers access to exclusive investment ideas and in-depth research not available to the general public [1] - A two-week free trial is currently being offered for the subscription service [1]

Group 1 - Brompton Wellington Square AAA CLO ETF announced distributions of Cdn$0.08960 per unit for BAAA and US$0.08950 per unit for BAAA.U, payable on August 15, 2025, to unitholders of record at the close of business on July 31, 2025 [1] - Brompton Funds, founded in 2000, is an experienced investment fund manager offering income and growth-focused investment solutions, including TSX traded closed-end funds and exchange-traded funds [2] - Wellington Square Advisors Inc. is a Toronto-based independent investment advisory with over 10 years of experience in investing in CLOs, led by portfolio managers Jeff Sujitno and Amar Dhanoya [3]

Company Overview - Carlyle Credit Income Fund (CCIF) is an externally managed closed-end fund focused on investing primarily in equity and junior debt tranches of collateralized loan obligations (CLOs) [3] - The CLOs are collateralized by a portfolio consisting mainly of U.S. senior secured loans with a diverse range of underlying borrowers across various industry sectors [3] - CCIF is managed by Carlyle Global Credit Investment Management L.L.C., a wholly owned subsidiary of Carlyle, leveraging Carlyle's significant scale and resources as one of the world's largest CLO managers [3] Financial Results Announcement - CCIF will release its financial results for the third quarter of 2025 after market close on August 19, 2025 [1] - A conference call to discuss the results will be held on August 20, 2025, at 10:00 a.m. EST [1] Carlyle Group Overview - Carlyle Group is a global investment firm with expertise in deploying private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest [4] - As of March 31, 2025, Carlyle has $453 billion in assets under management [4] - The firm employs over 2,300 people across 29 offices on four continents [4]

Core Insights - TDb Split Corp. has released its semi-annual financial statements and management report of fund performance for the six months ending May 31, 2025 [1] Group 1 - The financial statements and management report are available on the Company's website and SEDAR Plus [1] - For further inquiries, the Company provides contact information for Investor Relations [2]

Group 1 - Financial 15 Split Corp. has released its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 [1] - The financial documents are available on the Company's website and SEDAR Plus [1] - For further inquiries, Investor Relations can be contacted via local and toll-free numbers or through the Company's website [2]