Welcome to our dedicated page for Swiss Helvetia Fund news (Ticker: SWZ), a resource for investors and traders seeking the latest updates and insights on Swiss Helvetia Fund stock.
Swiss Helvetia Fund, Inc. (NYSE: SWZ) is a non-diversified, closed-end investment company headquartered at 1270 Avenue of the Americas, New York, New York, USA. The Fund's primary goal is to seek long-term capital appreciation by investing in equity and equity-linked securities of Swiss companies. This includes sectors such as pharmaceuticals, food and beverage, industrial goods, banks, and more.
Managed by Schroder Investment Management North America Inc., the Fund leverages in-depth market analysis and a diversified portfolio strategy to offer reliable returns to its investors. With assets under management amounting to approximately $923.1 billion as of June 30, 2023, Schroders brings robust expertise to the table.
The Swiss Helvetia Fund employs a managed distribution plan to provide consistent quarterly cash distributions to its shareholders. As of December 2023, the distribution rate stands at $0.129 per share, equating to an annualized rate of 6.00%, based on the Fund's NAV as of October 31, 2023. These distributions may include net investment income, capital gains, and return of capital, among other sources.
Recent milestones include the successful election of five directors during the 2023 Annual Meeting of Stockholders and the continued partnership with Tait, Weller & Baker, LLP as the Fund's independent registered public accounting firm.
Shares of this closed-end fund are listed on the NYSE and typically trade at a discount to NAV. The Fund's performance and the market price of its shares are influenced by numerous factors, including market conditions and investor sentiment. The Swiss Helvetia Fund remains committed to delivering value to its shareholders through disciplined investment practices and strategic management.
The Swiss Helvetia Fund (NYSE: SWZ) has announced a quarterly distribution of $0.1458 per share of common stock under its managed distribution plan. The distribution is scheduled with a record date and ex-dividend date of December 17, 2024, and a payment date of December 31, 2024.
The Fund's managed distribution plan aims to provide stockholders with consistent quarterly distributions, which may include net investment income, net realized short-term and long-term capital gains, and return of capital. Stockholders will receive Form 1099-DIV after the end of 2024 detailing the actual composition of distributions for tax reporting purposes.
The Swiss Helvetia Fund (NYSE: SWZ) announced the results of its 2024 Annual Meeting of Stockholders. The meeting concluded with two main outcomes: five directors - Andrew Dakos, Richard Dayan, Phillip F. Goldstein, Gerald Hellerman, and Moritz A. Sell - were elected for one-year terms, and stockholders approved Tait, Weller & Baker, LLP as the Fund's independent registered public accounting firm for the year ending December 31, 2024.
The Swiss Helvetia Fund, Inc. (NYSE: SWZ) has declared a quarterly distribution of $0.129 per share under its managed distribution plan. Key dates include:
- Record Date: September 19, 2024
- Ex-Dividend Date: September 19, 2024
- Payment Date: September 30, 2024
The plan aims to provide stockholders with a consistent, fixed minimum rate of distribution quarterly. This $0.129 per share distribution equates to an annualized distribution rate of 6.00% based on the Fund's net asset value as of October 31, 2023. Distributions may include net investment income, capital gains, and return of capital. The Board will review the plan annually and may adjust the distribution rate based on various factors.
The Swiss Helvetia Fund (NYSE: SWZ) has declared a quarterly distribution of $0.129 per share, in accordance with its managed distribution plan. The key dates are as follows: Record Date - June 18, 2024; Ex-Dividend Date - June 18, 2024; Payment Date - June 28, 2024.
The distribution aims to provide a consistent fixed minimum rate of return to shareholders, potentially reducing the discount to NAV. The distribution may include net investment income, capital gains, or return of capital. Shareholders will receive notices and detailed press releases if distributions are not solely from net investment income.
The annualized distribution rate is 6.00% based on NAV as of October 31, 2023. The Board reviews the Plan annually and may adjust or terminate it, potentially impacting the stock price.
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