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RCG News and Press, RENN Fund Inc

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Company Name: RENN Fund Inc
Stock Symbol: RCG
Market: NYSE

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RCG - Renn Fund, Inc. Announces Record Date for Year End Distribution

The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) announced today a record date for the Fund’s year-end distribution in the event a distribution is made. The record date will be December 20, 2022 and Pay-Date of December 30, 2022. The Fund will make an announcement on or about...

RCG - Weekly Closed-End Fund Roundup: OPP Rights Offering Expires (September 18, 2022)

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. Real estate CEFs lag. OPP rights offering expires. Author’s note: This article was released to CEF/ETF Income Laboratory members on September 21, 2022. Pleas...

RCG - Weekly Closed-End Fund Roundup: ZTR Offering Expires (September 11, 2022)

Summary 14 out of 23 CEF sectors were positive on price and 16 out of 23 sectors were positive on NAV last week. HYT conducts a rights offering. ZTR rights offering has expired. Author's note: This article was released to CEF/ETF Income Laboratory members on Septem...

RCG - Weekly Closed-End Fund Roundup: September 4, 2022

Summary 0 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. U.S. equities were the worst-performing CEF sector. SMM will be merged with SMLPX. Author’s note: This article was released to CEF/ETF Income Laboratory memb...

RCG - Weekly Closed-End Fund Roundup: August 21, 2022

Summary 1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on Au...

RCG - The Month In Closed-End Funds: July 2022

Fixed income and equity CEFs posted their best monthly NAV-based returns since November 2020. For the second month in three, equity CEFs on average witnessed plus-side returns, climbing 5.75% on a NAV basis for July. While for the first month in seven, fixed income CEFs posted ret...

RCG - RENN Global Entrepreneurs Fund (RCG) CEO Kish Kapoor on Q2 2022 Results - Earnings Call Transcript

RENN Global Entrepreneurs Fund (RCG) Q2 2022 Earnings Conference Call July 29, 2022 10:00 am ET Corporate Participants Rocco Colella - Managing Director Investor Relations Kish Kapoor - President and Chief Executive Officer Tim Wilson - Chief Financial Officer ...

RCG - Weekly Closed-End Fund Roundup: July 17, 2022

21 out of 23 CEF sectors were positive on price and 16 out of 23 sectors were positive on NAV last week. Saba moves against SMM. XFLT closes a common share and convertible share offering. Author's note: This article was released to CEF/ETF Income Laboratory members on ...

RCG - The Month In Closed-End Funds: May 2022

For the second month in three, equity CEFs on average witnessed positive returns, rising 0.73% on a NAV basis for May. While for the fifth consecutive month, fixed income CEFs posted returns in the red (-0.40%). Only 20% of all CEFs traded at a premium to their NAV at month end, w...

RCG - Weekly Closed-End Fund Roundup: GUT Rights Offering Results (April 24, 2022)

1 out of 22 CEF sectors positive on price and 1 out of 22 sectors positive on NAV last week. GUT has completed its rights offering, which was oversubscribed. Sidestepping the offering was once again the optimal strategy. For further details see: Weekly Closed-End Fund Ro...

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