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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 (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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