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home / news releases / FXBY - Closed-End Funds: Distribution Changes For YTD 2021

FXBY - Closed-End Funds: Distribution Changes For YTD 2021

Foxby Corp
  • Last year, we were looking at distribution changes due to the COVID pandemic sell-off.
  • CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields.
  • However, relatively higher yields mean that any downturn is likely to cause distribution cuts.
  • This year, we are looking at a rallying stock market more broadly and boosts from many CEFs.

For further details see:

Closed-End Funds: Distribution Changes For YTD 2021
Stock Information
Company Name: Foxby Corp
Stock Symbol: FXBY
Market: OTC
Website: www.foxbycorp.com
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