Insight Select Income Fund Declares Quarterly Dividend and Capital Gains Distribution
2019年12月12日 - 8:00AM
ビジネスワイヤ(英語)
Dividend Declaration
The Insight Select Income Fund (INSI) (the “Fund”) today
declared a quarterly dividend of $0.2316 per share on December 11,
2019. The ordinary income distribution of $0.2316 per share will be
payable on December 27, 2019, to shareholders of record at the
close of business December 23, 2019, with an ex-dividend date of
December 20, 2019. The increase from last quarter’s ordinary income
distribution rate is for the Fund to comply with the requirements
of the Internal Revenue Code applicable to regulated investment
companies.
Based on the Fund’s last four quarterly dividend payments, the
Fund’s annual dividend payment from ordinary income equates to
approximately $0.8316 per share.
In addition to the regular quarterly dividend, the Fund declared
a short-term capital gain distribution of $0.1315 per share and a
long-term capital gain distribution of $0.0928, payable on December
27, 2019, to shareholders of record at the close of business on
December 23, 2019, with an ex-dividend date of December 20, 2019.
These capital gain distribution amounts are required for the Fund
to comply with the requirements of the Internal Revenue Code
applicable to regulated investment companies.
The Fund is a diversified closed-end management investment
company whose investment objective is to seek a high rate of
return, primarily from interest income and trading activity, from a
portfolio principally consisting of debt securities. The Fund will
also seek capital appreciation principally by purchasing debt
securities at prices that the Adviser believes are below their
intrinsic value. The Fund will also look to benefit from trading
securities to optimize the risk adjusted yields in the Fund.
Insight North America LLC, the Fund’s investment adviser, provides
fixed income asset management to a variety of institutional clients
including corporations, governmental entities, employee benefit
plans, private funds and registered investment companies.
This press release is not for tax reporting purposes but is
being provided to announce the amount of the Fund’s distribution
that have been declared by the Board of Trustees. A portion of the
Fund's current distribution may include sources other than net
investment income, including a return of capital. Investors should
understand that a return of capital is not a distribution from
income or gains of a Fund. As required under the Investment Company
Act of 1940, as amended, a notice with the estimated components of
the distribution will be sent to shareholders at the time of
payment if it does not consist solely of net investment income. The
notice should not be used to prepare tax returns as the estimates
indicated in the notice may differ from the ultimate federal income
tax characterization of distributions. After the end of each
calendar year, investors will be sent a Form 1099-DIV informing
them how to report distributions received during that year for
federal income tax purposes.
Statements in this press release that are not historical facts
are forward-looking statements as defined by the United States
securities laws. You should exercise caution in interpreting and
relying on forward-looking statements because they are subject to
uncertainties and other factors which are, in some cases, beyond
the Fund’s control and could cause actual results to differ
materially from those set forth in the forward-looking
statements.
An investor should consider a Fund’s investment objectives,
risks, charges and expenses carefully before investing.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191211005968/en/
River Communications Troy Mayclim (914) 686-5599
insight@riverinc.com
Chemesis (CSE:CSI)
過去 株価チャート
から 11 2024 まで 12 2024
Chemesis (CSE:CSI)
過去 株価チャート
から 12 2023 まで 12 2024