M2 EQUITYBITES-February 24, 2017-Ellsworth Growth and Income Fund announces distribution of USD0.11 per share
The board of trustees of Ellsworth Growth and Income Fund Ltd (NYSE MKT:ECF) reaffirmed the fund's 5% distribution policy and authorised a cash distribution of USD0.11 per share, the fund disclosed on Friday.
Ellsworth Growth and Income Fund is managed by Gabelli Funds LLC, a subsidiary of GAMCO Investors Inc (NYSE:GBL).
Global Banking News-November 1, 2016--OppenheimerFunds rolls out Oppenheimer International Growth and Income Fund
OppenheimerFunds, a global asset manager, has said that it has launched Oppenheimer International Growth and Income Fund (NASDAQ: OIMAX).
The says that the Oppenheimer International Growth and Income Fund will focus on bringing total return by investing in cash generative, dividend paying companies benefiting from long-term secular growth trends.
(NYSE: MAY), as well as the Putnam Growth and Income fund
Moore, who added the top-rated Oppenheimer Global Growth and Income Fund
(OPGIX) to his portfolio mix, agrees.
It's a small cap, aggressive growth vehicle that, while riskier than a staid growth or growth and income fund, is a perfect way to build wealth with his retirement and college tuition savings.
Growth and income funds are more balanced in their approach.
The sub-accounts are allocated at 66% in American Growth and Income funds
and 34% American Growth funds.
As for Moore's IRA account, Bonds has him invested in growth and income funds
, like Putnam Growth & Income Fund (PGIBX), and the Van Kampen Utilities Fund (VKUAX).