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Bexil Investment Trust (BXIT), formerly known as Dividend and Income Fund, is a closed-end fund focusing on high current income. The company aims to generate capital appreciation by investing at least 50% of its total assets in income-generating equity securities. The Fund's recent name change to BXIT from DNIF and its stock symbol change to BXSY from DNIF reflect its commitment to increasing Fund awareness. Despite these changes, the Fund's investment objectives, principal strategies, and portfolio management remain unchanged. Investors may find an opportunity to purchase shares at a discount to their underlying value when the NAV per share is above the market price.
FAQ
What is Bexil Investment Trust's primary objective?
What is the secondary objective of Bexil Investment Trust?
How much of its total assets does Bexil Investment Trust invest in income-generating equity securities?
What reflects Bexil Investment Trust's commitment to increasing Fund awareness?
Are there any changes to the Fund's investment objectives, principal strategies, or portfolio management as a result of the recent name and symbol changes?
When may investors find an opportunity to purchase shares at a discount to their underlying value?
