FXBY Stock, Foxby Corp Information

The Fund seeks to achieve its investment objective of total return by exercising a flexible strategy in the selection of securities, and is not limited by the issuers location, size, or market capitalization. In view of these economic and market developments, the Funds strategy in 2019 was to seek companies with strong operations showing superior returns on equity and assets with reasonable valuations. Generally, the Fund purchased and held equity securities of profitable, conservatively valued companies in seeking to achieve its investment objective of total return and sold investments that appeared to have appreciated to levels reflecting full or over-valuation.