Closed End Fund News

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

NEW YORK--(BUSINESS WIRE)--Clarion Partners Real Estate Income Fund enters the senior housing sector through an investment in The Pearl at Boulder Creek, a 116-unit property....

NEW YORK--(BUSINESS WIRE)--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) has completed the conversion from an exchange-listed closed-end fund to an unlisted continuously-offered interval fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (“Interval Fund”). The below table provides shareholders with information regarding the Net Asset Value (NAV) and conversion ratio for the Fu...

MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) (“PSBD” or the “Company”), an externally managed business development company, today announced that its Board of Directors has declared a first quarter 2025 supplemental dividend of $0.03 per share. Shareholders of record as of March 28, 2025, will receive the supplemental dividend, payable on April 10, 2025. The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net inve...

NEW YORK--(BUSINESS WIRE)--BlackRock Enhanced Government Fund, Inc. (NYSE: EGF, the “Fund”) has completed its reorganization with and into BlackRock Income Trust, Inc. (NYSE: BKT and together with EGF, the “Funds,” and each, a “Fund”) (the “Reorganization”), effective as of the opening for business of the New York Stock Exchange on Monday, March 24, 2025. In the Reorganization, each EGF shareholder received common shares of BKT in an amount equal to the aggregate net asset value of the EGF comm...

NEW YORK--(BUSINESS WIRE)--Effective immediately, Amay Hattangadi serves as the sole portfolio manager to the Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) and is primarily responsible for the day-to-day management of the Fund’s portfolio. About Morgan Stanley Investment Management Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.7 trillion in assets under management or...

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

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

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

NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) (“ICMB” or “Company”) today announced that it will release its financial results for the second quarter and fiscal period ended December 31, 2024 on Tuesday, March 25, 2025, after the close of the financial markets. The Company will host an earnings conference call at 10:00 am (Eastern Time) on Wednesday, March 26, 2025 to review its financial results and conduct a question-and-answer session. All interested parties...