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NANR - Quick Note On SZC's Right Offering (2019 Edition)
SPDR S&P North American Natural Resources
This article was first released to CEF/ETF Income Laboratory subscribers 2 weeks ago,so data may be out of date. Please check latest data before making investment decisions.
Offering details
Cushing Renaissance Fund's (SZC) announced a rights offering on June 7. As per their press release:
Cushing Renaissance Fund Announces Terms of Rights Offering.The board of trustees (the "Board") of The Cushing Renaissance Fund (SZC) the "Fund") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares (the "Common Shareholders")