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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.
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.