Welcome to our dedicated page for RENN Fund news (Ticker: RCG), a resource for investors and traders seeking the latest updates and insights on RENN Fund stock.
RENN Fund Inc. (symbol: RCG) is a distinguished closed-end management investment company operating within the dynamic financial services sector. The company, under the adept guidance of Horizon Kinetics LLC, focuses on delivering returns through capital appreciation and income by employing a long-term, value-oriented investment strategy. RENN Fund invests across a diverse range of financial instruments, including common stocks, fixed-income securities, convertible and non-convertible debt securities, distressed debt, warrants, preferred stock, exchange-traded funds (ETFs), and exchange-traded notes (ETNs). This diversified approach enables the Fund to capitalize on opportunities across various industries such as communication services, surgical and medical instruments, oil and gas, medical chemicals, and botanical products.
Formed to leverage the expertise of Horizon Kinetics, a firm recognized for its contrarian and fundamental value investment philosophy, RENN Fund benefits from the extensive experience and insights of Horizon Kinetics' team. Horizon Kinetics, established in 2011, consolidates the legacy of Horizon Asset Management, Kinetics Asset Management, and Kinetics Advisers, firms founded in the mid-1990s. The collective expertise of over 70 employees based in New York City and Elmsford, New York, supports the Fund's robust investment operations.
Recent Achievements and News:
- On December 14, 2023, RENN Fund announced a year-end distribution of $0.015167 per share, payable on December 29, 2023, to stockholders of record on December 18, 2023. The New York Stock Exchange designated December 15, 2023, as the Ex-Date.
It's important to note that investments in the RENN Fund are subject to risks, including the potential loss of principal. The Fund's performance and portfolio characteristics can be further explored at Horizon Kinetics. For more detailed information, investors are encouraged to visit Horizon Kinetics' official website.
For inquiries, Mr. Jay Kesslen can be contacted via email at jkesslen@horizonkinetics.com or by phone at (646) 495-7333.
The RENN Fund (NYSE MKT:RCG) has declared a year-end distribution of $0.022371 per share. The distribution will be payable on December 27, 2024, to stockholders of record on December 16, 2024, with an Ex-Date of December 18, 2024. The Fund reminds investors that shares are subject to investment risk, including possible loss of principal invested, and that no fund represents a complete investment program.
RENN Fund (NYSE American:RCG) has announced key dates for its year-end distribution. The record date is set for December 16, 2024, with a pay date of December 27, 2024. The Fund will announce the distribution rate per share around December 23, 2024. Due to the pending rate announcement, the Fund will trade with due bills starting December 16, 2024, through the last business day before the NYSE-established Ex-Date. The Ex-Date will be determined once the per share rate is announced.
RENN Fund, Inc. (NYSE MKT:RCG) has declared a year-end income distribution of $0.003544 per share, payable on December 30, 2022. This distribution is for stockholders of record on December 20, 2022. Trading with due bills will commence on December 16, 2022, continuing until the last business day before the NYSE Ex-Date, which is noted as December 22, 2022. Investors should be aware of the investment risks involved, which may lead to potential principal loss.
The RENN Fund, Inc. (NYSE MKT: RCG) has announced a record date for its year-end distribution, set for December 20, 2022. Should a distribution occur, the pay-date will be December 30, 2022. The distribution rate per share will be disclosed on or about December 21, 2022, with trading including due bills starting December 16, 2022. The New York Stock Exchange will establish the Ex-Date following the announcement of the distribution rate.
The RENN Fund (NYSE MKT: RCG) announced successful results from its non-transferable rights offering, closing on January 21, 2022, and generating approximately
The RENN Fund, Inc. (AMEX: RCG) has declared a year-end income distribution of
The RENN Fund, Inc. (AMEX: RCG) announced key dates for its year-end distribution. The record date is set for December 20, 2021, with a pay date of December 30, 2021. The distribution rate per share will be announced on or around December 21, 2021. Due bills for trading will commence on December 17, 2021 and will continue until the last business day prior to the established Ex-Date set by the New York Stock Exchange. Investors should note investment risks including the potential loss of principal.
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