DNIF News and Press, Dividend and Income Fund

ROCHESTER, NY / ACCESSWIRE / December 14, 2023 / Dividend and Income Fund (OTC PINK:DNIF)(Net Asset Value Symbol:XDNIX) (the "Fund"), a closed end fund with the primary investment objective of seeking high current income with capital appreciation as a secondary objective, announced today that ...

Notification of Sources of Distribution Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 ROCHESTER, NY / ACCESSWIRE / December 1, 2023 / A quarterly distribution of $0.25 per share was declared today by Dividend and Income Fund (OTC PINK:DNIF) (Net Asset Valu...

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...

2023-10-17 07:34:32 ET Summary Closed-end funds are currently trading at historically deep discounts, with the average discount at -9.64% at the end of Q3 2023. Municipal bond funds are experiencing particularly wide discounts, with an average discount of -12.89%. Non-leverage...

2023-08-29 13:12:02 ET Summary Dividend and Income Fund generates strong current income and undertakes an acceptable degree of risk. The DNIF closed-end fund's portfolio composition has changed significantly, with increased investments in financial and industrial sectors. Desp...

Notification of Sources of Distribution Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 ROCHESTER, NY / ACCESSWIRE / June 1, 2023 / A quarterly distribution of $0.25 per share was declared today by Dividend and Income Fund (Stock Symbol:DNIF) (Net Asset Valu...

2023-05-30 16:47:50 ET Summary The Dividend and Income Fund is a closed-end fund trading at a 35% discount to NAV, primarily due to its OTC status. DNIF has a history of questionable actions by management in my view, including dilutive rights offerings and delisting the fund, whic...

2023-05-20 09:00:00 ET Summary For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatil...

2023-04-30 01:44:27 ET Summary Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022. Volatility has been coming down in ...

2023-04-22 09:00:00 ET Summary For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatil...