THE SWISS HELVETIA FUND, INC. DECLARES QUARTERLY DISTRIBUTION OF $0.1458 PER SHARE
The Swiss Helvetia Fund (NYSE: SWZ) has declared a quarterly distribution of $0.1458 per share under its managed distribution plan. This distribution equates to an annualized distribution rate of 6.00% based on the Fund's NAV as of October 31, 2024.
The Fund's managed distribution plan aims to provide stockholders with consistent, though not guaranteed, fixed minimum quarterly distributions. This strategy may help narrow the discount to net asset value per share in trading. Distributions can include net investment income, realized capital gains, and when necessary, return of capital.
The Fund will provide detailed information about distribution amounts and composition through notices and press releases. Stockholders will receive Form 1099-DIV for tax reporting purposes. Unless otherwise elected, distributions will be automatically reinvested through the Fund's dividend reinvestment plan.
Il Swiss Helvetia Fund (NYSE: SWZ) ha dichiarato una distribuzione trimestrale di $0.1458 per azione nell'ambito del suo piano di distribuzione gestita. Questa distribuzione corrisponde a un tasso di distribuzione annualizzato del 6,00% basato sul NAV del Fondo al 31 ottobre 2024.
Il piano di distribuzione gestita del Fondo mira a fornire agli azionisti distribuzioni minime fisse trimestrali, sebbene non garantite, in modo coerente. Questa strategia può contribuire a ridurre lo sconto rispetto al valore patrimoniale netto per azione durante le negoziazioni. Le distribuzioni possono includere reddito da investimenti netti, guadagni di capitale realizzati e, se necessario, restituzione di capitale.
Il Fondo fornirà informazioni dettagliate sugli importi e sulla composizione delle distribuzioni tramite avvisi e comunicati stampa. Gli azionisti riceveranno il Modulo 1099-DIV per fini di reporting fiscale. Salvo diversa elezione, le distribuzioni saranno automaticamente reinvestite attraverso il piano di reinvestimento dei dividendi del Fondo.
El Swiss Helvetia Fund (NYSE: SWZ) ha declarado una distribución trimestral de $0.1458 por acción bajo su plan de distribución gestionada. Esta distribución equivale a una tasa de distribución anualizada del 6.00% basada en el NAV del Fondo al 31 de octubre de 2024.
El plan de distribución gestionada del Fondo tiene como objetivo proporcionar a los accionistas distribuciones mínimas fijas trimestrales, aunque no garantizadas, de manera consistente. Esta estrategia puede ayudar a reducir el descuento respecto al valor neto de los activos por acción en el comercio. Las distribuciones pueden incluir ingresos netos de inversiones, ganancias de capital realizadas y, cuando sea necesario, devolución de capital.
El Fondo proporcionará información detallada sobre los montos y la composición de las distribuciones a través de avisos y comunicados de prensa. Los accionistas recibirán el Formulario 1099-DIV para fines de informes fiscales. A menos que se elija lo contrario, las distribuciones se reinvertirán automáticamente a través del plan de reinversión de dividendos del Fondo.
스위스 헬베티아 펀드 (NYSE: SWZ)는 관리 배당 계획에 따라 주당 $0.1458의 분기 배당금을 선언했습니다. 이 분배는 2024년 10월 31일 기준으로 펀드의 NAV를 기반으로 한 연간 배당률 6.00%에 해당합니다.
펀드의 관리 배당 계획은 주주에게 일관된, 비록 보장되지 않는 고정 최소 분기 배당금을 제공하는 것을 목표로 합니다. 이 전략은 거래 시 주당 순자산 가치에 대한 할인폭을 줄이는 데 도움이 될 수 있습니다. 배당금에는 순 투자 수익, 실현된 자본 이익이 포함될 수 있으며, 필요할 경우 자본 반환이 포함될 수 있습니다.
펀드는 배당금의 액수와 구성에 대한 자세한 정보를 공지 및 보도자료를 통해 제공할 것입니다. 주주들은 세금 보고를 위해 1099-DIV 양식을 받을 것입니다. 별도로 선택하지 않는 한, 배당금은 펀드의 배당금 재투자 계획을 통해 자동으로 재투자됩니다.
Le Swiss Helvetia Fund (NYSE: SWZ) a déclaré une distribution trimestrielle de $0.1458 par action dans le cadre de son plan de distribution géré. Cette distribution équivaut à un taux de distribution annualisé de 6,00% basé sur la NAV du Fonds au 31 octobre 2024.
Le plan de distribution géré du Fonds vise à fournir aux actionnaires des distributions minimales fixes trimestrielles, bien que non garanties, de manière cohérente. Cette stratégie peut aider à réduire l'écart par rapport à la valeur nette d'inventaire par action lors des transactions. Les distributions peuvent inclure des revenus d'investissement nets, des gains en capital réalisés et, si nécessaire, un retour de capital.
Le Fonds fournira des informations détaillées sur les montants et la composition des distributions par le biais d'avis et de communiqués de presse. Les actionnaires recevront le formulaire 1099-DIV à des fins de déclaration fiscale. Sauf indication contraire, les distributions seront automatiquement réinvesties par le biais du plan de réinvestissement des dividendes du Fonds.
Der Swiss Helvetia Fund (NYSE: SWZ) hat eine vierteljährliche Ausschüttung von $0.1458 pro Aktie im Rahmen seines verwalteten Ausschüttungsplans erklärt. Diese Ausschüttung entspricht einer annualisierten Ausschüttungsrate von 6,00%, basierend auf dem NAV des Fonds zum 31. Oktober 2024.
Der verwaltete Ausschüttungsplan des Fonds zielt darauf ab, den Aktionären konsistente, wenn auch nicht garantierte, feste Mindestviertelausschüttungen zu bieten. Diese Strategie kann helfen, den Abschlag zum Nettoinventarwert pro Aktie im Handel zu verringern. Ausschüttungen können Nettokapitalerträge, realisierte Kapitalgewinne und, wenn nötig, Kapitalrückzahlungen umfassen.
Der Fonds wird detaillierte Informationen über die Ausschüttungsbeträge und deren Zusammensetzung über Mitteilungen und Pressemitteilungen bereitstellen. Aktionäre erhalten das Formular 1099-DIV zu Steuerberichtszecken. Sofern nicht anders gewählt, werden die Ausschüttungen automatisch über den Dividenden-Reinvestitionsplan des Fonds reinvestiert.
- None.
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Record Date: | March 18, 2025 |
Ex-Dividend Date: | March 18, 2025 |
Payment Date: | March 31, 2025 |
The primary purpose of the Plan is to provide the Fund's stockholders with a more consistent, but not guaranteed, fixed minimum rate of distribution on a regular quarterly basis. The Plan also may have the effect of narrowing the discount to net asset value per share at which the Fund's shares trade.
Distributions under the Plan may consist of net investment income, net realized short-term and long-term capital gains, and to the extent necessary, return of capital (or other capital sources). With each distribution that does not consist solely of net investment income, the Fund will issue a notice to stockholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution, as well as certain other related information. The Fund expects to issue any such notice and press release on or about the distribution payment date.
The amounts and sources of distributions reported in each notice will be estimated, are likely to change over time and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send each stockholder a Form 1099-DIV for the calendar year that will inform stockholders how to report distributions for federal income tax purposes.
The current distribution amount of
Unless a stockholder has otherwise elected, distributions declared pursuant to the Plan will be reinvested automatically in shares of the Fund's common stock as provided in the Fund's automatic dividend reinvestment plan.
About The Swiss Helvetia Fund, Inc.
The Fund (www.swzfund.com) is a non-diversified, closed-end investment company. Its shares are listed on the NYSE under the symbol "SWZ."
On February 21, 2025, stockholders of the Fund met and voted to approve the following: (1) an investment advisory agreement between the Fund and Bulldog Investors, LLP ; (2) replacement of the Fund's fundamental investment objective of capital appreciation by investing in equity and equity-linked securities of Swiss companies with a non-fundamental investment objective of providing long-term total return; and (3) changes to the Fund's fundamental investment restrictions in order to expand the types of investments the Fund can make to meet its new investment objective. The Fund is in the process of taking steps to implement the actions approved by stockholders, including appointing Bulldog Investors, LLP as the Fund investment advisor no later than April 1, 2025.
Closed-end funds, unlike open-end funds, are not continuously offered. Typically, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of the Fund's shares in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Contact:
Jennifer Brogadir
212-641-3863
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SOURCE The Swiss Helvetia Fund, Inc.
FAQ
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