RCG News and Press, RENN Fund Inc From 06/02/21

At Mutual Series, we buy stocks at a discount to what they are worth, taking an objective view of the economic value of the company’s assets and growth prospects. Economic value reflects an asset’s potential contribution to cash flow growth and the company’s compe...

The US recovery is gaining momentum as the country reopens parts of its economy — boosted by government stimulus and vaccine rollouts. The impact of the global pandemic opened up new opportunities for equity investors. While growth stocks outperformed over much of the last ...

Innovation advances business practices, services, and products, and when it permeates the economy, innovation increases productivity, and spurs economic wealth creation. Growth stocks, because of the longer duration of their earnings, can be very sensitive to rising interest rates and...

Nineteen out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. MLPs lead while munis lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: May 2, 2021

Factors driving US inflation higher. Roy: I see inflation rising in the next 12 months. Roy: Exposure to growth stocks is important. For further details see: Navigating Financial Markets As Inflationary Pressures Loom On The Horizon

The change in leadership I refer to here is likely to be much more important to your portfolio than who's calling the shots in Washington, D.C. Since the market began to recover from the "COVID-19 crash" of February and March 2020, megacap tech stocks have led the market upward. W...

Gainers: Upstart Holdings (UPST) +13%. Puhui Wealth Investment Management (PHCF) +11%. Comstock Mining (LODE) +9%. Silver Spike Acquisition (SSPK) +8%. KE Holdings (BEKE) +8%.Losers: Jianpu Technology (JT) -13%. RENN Fund (RCG) -9%. Metromile (MILE) -8%. ARYA Sciences Acquisition (ARYA) -6%. ...

After years of artificially low interest rates and inflation, it's understandable that some investors are disoriented by the current headlines-and worried about what to do next. Before this year, inflation and rising rates were a distant memory for many investors, if not entirely unfa...

Gainers: Magyar Bancorp (MGYR) +16%. RENN Fund (RCG) +14%. B. Riley Financial (RILY) +13%. Universal Insurance Holdings (UVE) +13%. Rocket Companies (RKT) +12%.Losers: Root (ROOT) -17%. Reliance Global Group (RELI) -11%. AmeriServ Financial (ASRV) -10%. CoreCivic (CXW) -10%. Focus Financial P...

For the third month in a row, equity CEFs on average posted positive returns, rising 0.84% on a NAV basis for January. While for the tenth month running, fixed income CEFs witnessed returns in the black (+1.13%). Eighteen percent of all CEFs traded at a premium to their NAV, with ...