Eagle Capital Growth Fund Declares Year-End Distribution of $0.37 Per Share in Cash

Rhea-AI Summary

The Eagle Capital Growth Fund (AMEX:GRF) has declared a cash distribution of $0.37 per share for year-end 2022. The record date is November 18, 2022, with payments scheduled for December 14, 2022. This distribution comprises $0.0300 from net investment income and $0.3400 from long-term capital gains. Shareholders will receive further tax treatment details. As a closed-end investment company, the Fund primarily targets high-quality growth companies. More information is available on the Fund's website.

Positive

• Declared a cash distribution of $0.37 per share.
• Combination of net investment income ($0.0300) and long-term capital gains ($0.3400).
• Provides additional income for shareholders.

Negative

• None.

MILWAUKEE--(BUSINESS WIRE)-- The Eagle Capital Growth Fund, Inc. ("Fund") (NYSE American: GRF) today declared a year-end distribution of $0.37 per share in cash. The record date for this distribution is November 18, 2022, and the payment date is December 14, 2022.

On a preliminary basis, this distribution represents a combination of net investment income of $0.0300 per share and long-term capital gains of $0.3400 per share. This preliminary information is subject to change. Shareholders will receive definitive information with respect to U.S. Federal income tax treatment. In addition, shareholders can access definitive tax information by going to the fund's website after year-end.

The Fund is a closed-end investment company that invests primarily in high quality growth companies. To learn more about the Fund, please go the Fund's website: www.eaglecapitalgrowthfund.com

If you have a question about the Fund, please contact David C. Sims, the Fund's Chief Financial Officer and Chief Compliance Officer, at (414) 765-1107, or by e-mail to: dave@simscapital.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20221014005007/en/

David C. Sims

Chief Financial Officer and Chief Compliance Officer

(414) 765-1107

dave@simscapital.com

Source: Eagle Capital Growth Fund, Inc.

FAQ

What is the year-end distribution amount for Eagle Capital Growth Fund (GRF)?

Eagle Capital Growth Fund (AMEX:GRF) has declared a year-end distribution of $0.37 per share.

When is the payment date for the GRF cash distribution?

The payment date for the GRF cash distribution is December 14, 2022.

What is the record date for the Eagle Capital Growth Fund distribution?

The record date for the Eagle Capital Growth Fund distribution is November 18, 2022.

How is the Eagle Capital Growth Fund's distribution structured?

The distribution consists of $0.0300 from net investment income and $0.3400 from long-term capital gains.

Where can I find more information about the Eagle Capital Growth Fund (GRF)?

More information about the Eagle Capital Growth Fund can be found on its website.