Boaz Weinstein, who runs Saba Capital Management, has become a vocal critic of several UK-listed investment trusts over the past year - Jeenah Moon/Bloomberg A Wall Street tycoon has threatened to sue one of the UK’s largest investment trusts for reducing its stake in Elon Musk’s SpaceX. Boaz Weinstein, who runs Saba Capital Management, said the partial sale of Edinburgh Worldwide Investment’s “crown jewel” interest in Mr Musk’s rocket company “appears to defy commercial logic”. Edinburgh Worldwide Inve ...

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust declares January 2026 distribution. ...

Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields. Our performance relative to a 60:40 benchmark, can be seen below.Eaton Vance Floating-Rate Income Trust ( EFT ) began operations around the end of 2004 and currently holds around $333 million in net assets. Their gross a ...

NEW YORK--(BUSINESS WIRE)--In addition to its regular monthly distribution, DWS Municipal Income Trust announced today a taxable short-term capital gain distribution per common share. The Fund has both common and preferred shares outstanding. In accordance with a position taken by the Internal Revenue Service, the Fund is required to allocate a proportionate share of distributions designated as taxable to both its common and preferred shares. Details are as follows: Declaration – 12/18/2025 Ex-. ...

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CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust†) today announced that it has declared a quarterly dividend of $0.40 per share payable on January 16, 2026, to shareholders of record on December 30, 2025. Based on current projections through the end of 2025, the Trust expects the dividend will be comprised of net investment income. The final determination of the source and tax characteristics of this distribution will depend upon the. ...

Article contentCaution Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable United States securities laws and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements in this press release include, without limitation, investor demands for Units, statements regarding the ATM Program, including the intended use of proceeds from the sale of Units, any ...

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares December 2025 Distribution. ...

Core Viewpoint - The Gabelli Global Small and Mid Cap Value Trust has approved an increase in its annualized distribution to $0.84 per share, reflecting a strong market total return of 25% year to date [1]. Distribution Policy - The Fund will pay a quarterly distribution of $0.21 per share starting December 19, 2025, for shareholders of record on December 12, 2025 [1]. - The Board of Trustees will determine the distribution amount each quarter and may also pay an adjusting distribution in December based on additional income and net realized capital gains [2]. Monitoring and Adjustments - The Board of Trustees reviews potential distributions quarterly, considering the Fund's net asset value and market conditions [3]. - The distribution policy is subject to modification by the Board at any time, 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 individuals [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 cover the total 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 consist of approximately 24% from net investment income, 38% from net capital gains, and 38% as a return of capital [6]. Fund Overview - The Gabelli Global Small and Mid Cap Value Trust is a diversified, closed-end management investment company with total net assets of $169 million, primarily aiming for long-term capital growth [7]. - The Fund invests at least 80% of its total assets in equity securities of small or medium-sized companies [7].

Core Viewpoint - The GAMCO Global Gold, Natural Resources & Income Trust (GGN) has been downgraded to 'Hold' due to a significant increase in gold prices, indicating a cautious outlook on the investment [1]. Group 1: Company Overview - GAMCO Global Gold, Natural Resources & Income Trust (GGN) is a closed-end fund (CEF) that focuses on investments in gold and natural resources [1]. - The fund has experienced a parabolic move in gold prices, prompting a reevaluation of its investment stance [1]. Group 2: Investment Strategy - Binary Tree Analytics (BTA) aims to provide transparency and analytics in capital markets, focusing on CEFs, ETFs, and special situations to achieve high annualized returns with low volatility [1]. - BTA has over 20 years of investment experience, emphasizing a strong educational background in finance [1].