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Bexil Investment Trust (BXSY) is a closed-end fund focused on high current income and capital appreciation through investing in income-generating equity securities. The fund declared a quarterly distribution of $0.25 per share, payable on June 28, 2024. Bexil Investment Trust aims to provide shareholders with a relatively stable cash flow per share.
Bexil Investment Trust (BXSY) has announced its quarterly distribution schedule for 2025, maintaining the distribution amount at $0.25 per share for each quarter. The distributions are scheduled for March 27, June 27, September 26, and December 26, 2025, with corresponding declaration and record dates.
The Fund, which focuses on high current income with secondary capital appreciation objectives, notes that distributions may come from various sources including net investment income, capital gains, or return of capital. The Fund emphasizes that distribution amounts shouldn't be interpreted as indicators of investment performance, and return of capital distributions reduce shareholders' tax basis rather than being taxable income.
Bexil Investment Trust (OTC PINK:BXSY) has declared a quarterly distribution of $0.32 per share, payable December 27, 2024, to shareholders of record as of December 16, 2024. Based on current estimates, the distribution would comprise approximately 0% from net investment income, 100% from capital gains, and 0% from return of capital. The Fund maintains this distribution policy to provide shareholders with stable cash flow, though there's no guarantee it will reduce any market price discount to NAV.
Bexil Investment Trust (OTC PINK:BXSY) has declared a quarterly distribution of $0.25 per share, payable on September 27, 2024, to shareholders of record as of September 17, 2024. The distribution is estimated to comprise approximately 8% from net investment income, 92% from capital gains, and 0% from return of capital. This aligns with the Fund's policy to provide shareholders with a stable cash flow per share. However, the Fund cautions that these figures are estimates and may change based on the Fund's fiscal year performance and tax regulations. Shareholders are advised not to draw conclusions about the Fund's investment performance from this distribution.
Bexil Investment Trust (BXSY) has declared a quarterly distribution of $0.25 per share, payable on June 28, 2024, to shareholders of record as of June 17, 2024. This distribution is based on the Fund's recent results and estimates, with 100% of the distribution sourced from capital gains. According to Section 19(a) of the Investment Company Act of 1940, this notice is required to inform shareholders of the distribution sources. It is important to note that this information is not intended for tax reporting purposes, and the final amounts for tax purposes will be determined at the end of the fiscal year. The Fund aims to provide relatively stable cash flows, but this policy can be changed without prior notice.
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