DNI News and Press, Dividend and Income Fund

2023-11-06 09:08:46 ET Summary The Dividend and Income Fund is a closed-end fund that trades at one of the deepest discounts. The fund has struggled with mismanagement and dilution, but has recently shown improved performance and exceeded peers. DNIF offers a high distribution...

Twenty out of 23 CEF sectors positive on price and 18 out of 23 sectors positive on NAV last week. MLPs rally! RIV offering is now live, with a subscription floor of -5% discount. XFLT increases its distribution by +22%, restoring it to pre COVID-19 levels. For further detai...

For income investors, closed-end funds are an attractive investment class that covers a variety of asset classes and promises high distributions and a reasonable total return. The market downturn earlier this year exposed the risk of high volatility and deep drawdowns with investing i...

Premiums and discounts are an important core metric that is vital to proper CEF investing. While it is more pertinent to CEFs, ETFs also can trade at discounts and premiums - this is generally in very volatile market environments though. We dive into examples and explaining this i...

DNI to delist from the NYSE on October 8, 2020. Delisting is probably a move to get activists off their backs. I lay out three conditions that would have to be met before considering investing in DNI. For further details see: DNI: Delisting Imminent

NEW YORK, NY / ACCESSWIRE / September 28, 2020 / Dividend and Income Fund (NYSE:DNI) (NASDAQ:XDNIX) (the "Fund") today announced that it has filed a Form 25 with the Securities and Exchange Commission ("SEC") to voluntarily withdraw its common shares of beneficial interest ("Shares") listi...

NEW YORK, NY / ACCESSWIRE / September 18, 2020 / Dividend and Income Fund (NYSE:DNI) (NASDAQ:XDNIX) (the "Fund") today announced that it has submitted written notice to the New York Stock Exchange ("NYSE") of its intention to voluntarily delist its common shares of beneficial interest ("Sh...

Notification of Sources of Distribution Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 NEW YORK, NY / ACCESSWIRE / September 1, 2020 / A quarterly distribution of $0.25 per share of Dividend and Income Fund (NYSE:DNI) (NASDAQ:XDNIX) (the "Fund") will ...

We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time. – Legendary Bond Investor, Bill Gross, in 2012 Guggenheim Strategic Opportunities Fund (GOF) has an investment strategy that focuses largely on fixed-income investments and as...

Notification of Sources of Distribution Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 NEW YORK, NY / ACCESSWIRE / June 1, 2020 / A quarterly distribution of $0.25 per share of Dividend and Income Fund (NYSE:DNI) (NASDAQ:XDNIX) (the "Fund") will be payable...