"Jamestown saw this as a solid place to put their money based on the operational abilities of Macklowe." Stephen Zoukis, a partner at Jamestown, indicated that the closed end
fund's sensitivity to tight cap rates was cured by a preferred equity arrangement with Macklowe--a structure that he indicated will be employed heavily by Jamestown for future acquisitions and investments.
M2 EQUITYBITES-January 6, 2016-Two Pioneer Investments closed end
funds announces distribution for January 2016
Calamos Investments stated on Friday that dividends on six of its closed end
funds, Calamos Convertible Opportunities and Income Fund (NasdaqGS:CHI) (inception 06/26/2002); Calamos Convertible and High Income Fund (NasdaqGS:CHY) (inception 05/28/2003); Calamos Strategic Total Return Fund (NasdaqGS:CSQ) (inception 03/26/2004); Calamos Global Total Return Fund (NasdaqGS:CGO) (inception 10/27/2005); Calamos Global Dynamic Income Fund (NasdaqGS:CHW) (inception 06/27/2007); Calamos Dynamic Convertible and Income Fund (NasdaqGS:CCD) (inception 03/27/2015), released their distributions for January 2016.
M2 EQUITYBITES-August 3, 2015-Wells Fargo Advantage's three closed end
funds announces dividends for August 2015
The boards of directors of non-diversified, closed end
management investment companies, Cohen & Steers Closed-End Opportunity Fund Inc (NYSE:FOF) and Cohen & Steers Global Income Builder Inc (NYSE:INB) (together, the funds) approved first quarter 2015 distributions of USD0.2600 and USD0.2800 per share, respectively, the company disclosed on Monday.
The investment company stated that the closed end
funds include Pioneer Diversified High Income Trust (NYSE MKT:HNW), Pioneer Floating Rate Trust (NYSE:PHD) and Pioneer High Income Trust (NYSE:PHT) are taxable, while Pioneer Municipal High Income Advantage Trust (NYSE:MAV) and Pioneer Municipal High Income Trust (NYSE:MHI) are tax exempt.
high-yield bond funds, the Wells Fargo Advantage Income Opportunities Fund (NYSE MKT:EAD) and the Wells Fargo Advantage Multi-Sector Income Fund (NYSE MKT:ERC); and closed-end equity and high-yield bond fund, the Wells Fargo Advantage Utilities and High Income Fund (NYSE MKT:ERH) each declared on Friday a dividend of USD0.068, USD0.10 and USD0.075 per share, respectively.
Provider of investment advisory and administrative services Wells Fargo Funds Management LLC revealed on Friday that closed end
high-yield bond fund, Wells Fargo Advantage Income Opportunities Fund (NYSE Amex:EAD), closed-end bond fund, the Wells Fargo Advantage Multi-Sector Income Fund (NYSE Amex:ERC) and closed-end equity and high-yield bond fund, the Wells Fargo Advantage Utilities and High Income Fund (NYSE Amex:ERH) declared monthly dividends.
funds the Wells Fargo Advantage Income Opportunities Fund (NYSE Amex:EAD), the Wells Fargo Advantage Multi-Sector Income Fund (NYSE Amex:ERC) and the Wells Fargo Advantage Utilities and High Income Fund (NYSE Amex:ERH) released on Friday their monthly dividends from ordinary income.
Putnam High Income Securities Fund is a closed ended
fund; Putnam Master Intermediate Income Trust is a diversified closed-end management investment company; Putnam Managed Municipal Income Trust is a diversified closed-end management investment fund; Putnam Municipal Opportunities Trust is a diversified, closed-end fund; and Putnam Premier Income Trust is a closed-end general bond fund and all seek to provide investors with high current income.