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The RENN Fund, Inc. (AMEX: RCG) has declared a year-end income distribution of $0.022602 per share. This distribution will be paid on December 30, 2021 to shareholders of record as of December 20, 2021. The trading with due bills will commence on December 17, 2021, leading up to the New York Stock Exchange's established Ex-Date of December 21, 2021. Investors should be aware of the inherent risks associated with fund investments.
Positive
Declared year-end distribution of $0.022602 per share.
Distribution payable to stockholders on December 30, 2021.
Negative
Investment in the Fund carries risks, including potential loss of principal.
NEW YORK--(BUSINESS WIRE)--
The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) announced today that they have declared a year-end distribution of income in the amount of $0.022602 per share, payable on December 30, 2021, to stockholders of record on December 20, 2021. The Fund will trade with due bills beginning December 17, 2021 and up through and including the last business day prior to the New York Stock Exchange established Ex-Date. The New York Stock Exchange has advised they will set December 21, 2021 as the Ex-Date.
Disclosures:
Fund shares are subject to investment risk, including possible loss of principal invested. No fund is a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Additional information about the Fund, including performance and portfolio characteristics, is available at https://horizonkinetics.com/investment-strategies/renn-fund-inc-nyse-rcg/.
Horizon Kinetics Asset Management LLC is the investment adviser to the Fund. For additional information about Horizon Kinetics, please visit us at www.horizonkinetics.com.
