Welcome to our dedicated page for XBXIX news (Ticker: XBXIX), a resource for investors and traders seeking the latest updates and insights on XBXIX stock.
Bexil Investment Trust (XBXIX) is a closed-end fund prioritizing high current income through strategic equity investments. This page serves as the definitive source for official news and analysis related to the fund's operations, performance, and market positioning.
Investors and analysts will find timely updates on dividend distributions, net asset value (NAV) developments, and strategic portfolio decisions. Our curated collection includes press releases covering earnings announcements, regulatory filings, leadership updates, and material changes to investment policies.
The resource is particularly valuable for tracking the fund's income generation patterns and understanding how market conditions impact its trading relative to NAV. Regular updates provide insights into distribution sources, including net investment income versus capital gains components.
Bookmark this page for direct access to XBXIX's latest communications, and check back regularly for essential updates that inform long-term investment monitoring in this income-focused closed-end fund.
Bexil Investment Trust (OTC PINK:BXSY) has declared a quarterly distribution of $0.25 per share, payable March 27, 2025, to shareholders of record as of March 17, 2025. Based on current estimates, the distribution composition is approximately 100% from capital gains, with 0% from net investment income and return of capital.
The Fund maintains a distribution policy aimed at providing shareholders with stable cash flow per share. However, the Fund notes that distribution sources are estimates based on book earnings and may change. The actual amounts for tax reporting will depend on the Fund's fiscal year investment performance and tax regulations. Shareholders will receive Form 1099-DIV for tax reporting purposes.
The Fund acknowledges that this distribution policy does not guarantee reduction or elimination of any market price discount to NAV, and trustees have no fiduciary duty regarding such discounts.
Bexil Investment Trust (BXSY) has announced its quarterly distribution schedule for 2025, maintaining the distribution amount at $0.25 per share for each quarter. The distributions are scheduled for March 27, June 27, September 26, and December 26, 2025, with corresponding declaration and record dates.
The Fund, which focuses on high current income with secondary capital appreciation objectives, notes that distributions may come from various sources including net investment income, capital gains, or return of capital. The Fund emphasizes that distribution amounts shouldn't be interpreted as indicators of investment performance, and return of capital distributions reduce shareholders' tax basis rather than being taxable income.
Bexil Investment Trust (BXSY) has declared a quarterly distribution of $0.25 per share, payable on June 28, 2024, to shareholders of record as of June 17, 2024. This distribution is based on the Fund's recent results and estimates, with 100% of the distribution sourced from capital gains. According to Section 19(a) of the Investment Company Act of 1940, this notice is required to inform shareholders of the distribution sources. It is important to note that this information is not intended for tax reporting purposes, and the final amounts for tax purposes will be determined at the end of the fiscal year. The Fund aims to provide relatively stable cash flows, but this policy can be changed without prior notice.
