Closed End Fund News

CHICAGO--(BUSINESS WIRE)--Nuveen Real Asset Income and Growth Fund (NYSE: JRI) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) which expired at 5:00 p.m., Eastern time, on March 9, 2026 (the “Expiration Date”). The Offer entitled the rights holders to subscribe for an aggregate of up to an additional 7,000,000 common shares of the Fund (“Common Shares”). The Board has also approved a secondary over-subscription, whereby the Fund is authoriz...

NEW YORK--(BUSINESS WIRE)--Pershing Square USA, Ltd. (“PSUS”), a closed end investment company managed by Pershing Square Capital Management, L.P. (“PSCM”), today announced that it has publicly filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form N-2 (the “N-2 Registration Statement”) relating to a proposed initial public offering (the “PSUS IPO”) of its common shares of beneficial interest (the “PSUS Shares”). Concurrently with the filing of the N...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on April 30, 2026 to common shareholders of record as of March 31, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwa...

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (KTF) (the “Fund”) announced today its regular March monthly distribution. Details are as follows: Declaration – 03/09/2026         Ex-Date – 03/20/2026         Record – 03/20/2026         Payable – 03/31/2026   Fund  Ticker   Distribution Per Share Prior Distribution Per Share   DWS Municipal Income Trust KTF $0.0610   $0.0610 The Fund intends to distribute all or substantially all of its net investment income each year through its regular...

CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), previously announced the following monthly distribution on December 11, 2025: Per Share Amount Ex-Date Record Date Payable Date $0.065 February 27, 2026 February 27, 2026 March 10, 2026 The Fund adopted a managed distribution plan (the “Plan”) in 2007. Under the Plan, the Fund will distribute all available investme...

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co., previously announced the following monthly distribution on December 11, 2025: Per Share Amount Ex-Date Record Date Payable Date $0.07 February 27, 2026 February 27, 2026 March 10, 2026 The Fund adopted a managed distribution plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all availabl...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”), a closed-end fund, announced today that the Board of Trustees approved the renewal of its open market share repurchase program (the “Program”) that was initially approved in February 2025. Pursuant to the Fund’s repurchase program, the Fund may repurchase up to 5%1 of its outstanding common shares (based on common shares outstanding on March 4, 2026) on the open market at a discount...

LONDON--(BUSINESS WIRE)--Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) notes that the information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information below relates to the automatic purchase of PSH Public Shares by Bilge Ogut through participation in the PSH Dividend Reinvestment Programme and is provided following identi...

NEW YORK--(BUSINESS WIRE)--Category: Financials...

CHICAGO--(BUSINESS WIRE)--Shareholders of Nuveen S&P 500 Buy-Write Income Fund (NYSE: BXMX), Nuveen Dow 30℠ Dynamic Overwrite Fund (NYSE: DIAX), and Nuveen S&P 500 Dynamic Overwrite Fund (NYSE: SPXX) have approved a proposal to merge the funds. The mergers will combine each of BXMX and DIAX into SPXX. Subject to the satisfaction of certain customary closing conditions, the mergers are expected to become effective before the market opens on March 30, 2026. Each fund has declared a regula...