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Modern Capital Tactical Income Fund;ADV - MCTDX STOCK NEWS

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Modern Capital Tactical Opportunities Fund, now known as Modern Capital Tactical Income Fund (MCTDX), focuses on providing maximum distributions while aiming for capital appreciation. The fund has transitioned from Quarterly to Monthly distributions and boasts of a strong portfolio management team delivering double-digit returns for three consecutive years.

The fund, under the leadership of President & CIO Kris Wild, specializes in institutional asset management, offering investment solutions for investment advisors, RIAs, and pension plans. With a solid track record and a favorable outlook for 2024, Modern Capital Tactical Income Fund continues to be a leading income and capital appreciation solution in the market.

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Modern Capital Tactical Opportunities Fund (MCTDX & MCTOX) changes its name to Modern Capital Tactical Income Fund. The fund is transitioning from quarterly to monthly distributions to provide maximum distributions without abandoning the prospect of capital appreciation. The portfolio management team has delivered double-digit returns for three straight years, and the fund's performance as of 12/31/23 has been strong across different share classes.
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Modern Capital Tactical Opportunities Fund (MCTDX & MCTOX) announced a first-quarter dividend distribution of $.2015 per share for MCTDX and $.2011 for MCTOX, payable on April 3, 2023, to shareholders of record on March 31, 2023. Michael Pierce, Head of Institutional Distribution, emphasized the fund's commitment to providing a consistent dividend alongside capital growth. Celebrating its two-year anniversary, MCTDX & MCTOX focus on generating income and capital gains through investments in closed-end funds, ETFs, and ADRs. The management team actively seeks investments trading at a discount to their net asset value, aiming for above-market income and capital appreciation.

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FAQ

What is Modern Capital Tactical Income Fund (MCTDX)?

Modern Capital Tactical Income Fund focuses on providing maximum distributions along with capital appreciation.

Who leads the portfolio management team at Modern Capital Tactical Income Fund?

Peter Montalbano & Michael Lowenberg lead the portfolio management team at Modern Capital Tactical Income Fund.

What is the investment focus of Modern Capital Tactical Income Fund?

Modern Capital Tactical Income Fund specializes in providing investment solutions for investment advisors, RIAs, and pension plans.

What was the recent change in distribution strategy for Modern Capital Tactical Income Fund?

Modern Capital Tactical Income Fund transitioned from Quarterly to Monthly distributions.

What are the recent achievements of Modern Capital Tactical Income Fund?

The fund has delivered double-digit returns for three consecutive years.

Who is the President & CIO of Modern Capital Tactical Income Fund?

Kris Wild serves as the President & CIO of Modern Capital Tactical Income Fund.

What is the primary objective of Modern Capital Tactical Income Fund?

The primary objective of the fund is to provide a leading income and capital appreciation solution in the market.

What type of investment solutions does Modern Capital Tactical Income Fund offer?

Modern Capital Tactical Income Fund offers investment solutions for investment advisors, RIAs, and pension plans.

What risks are associated with investing in Modern Capital Tactical Income Fund?

Investors should be aware of risks such as potential loss of principal amount invested, high portfolio turnover rates, and volatility in equity securities.

Is there a prospectus available for Modern Capital Tactical Income Fund?

Yes, investors can find the fund's prospectus on the official website for more information.

What is the contact email for Michael Pierce at Modern Capital Tactical Income Fund?

Investors can reach out to Michael Pierce at mpierce@moderncap.com for inquiries.
Modern Capital Tactical Income Fund;ADV

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