Foxby Corp. Declares Dividend
December 02 2013 - 5:23PM
Marketwired
Foxby Corp. Declares Dividend
NEW YORK, NY--(Marketwired - Dec 2, 2013) - A dividend
distribution of $0.02 per share was declared today by Foxby Corp.
(OTCQB: FXBY), payable December 30, 2013 to shareholders of record
as of December 16, 2013.
This notice discloses information on the sources of the
distribution as required by SEC Rule 19(a) of the Investment
Company Act of 1940. As of the date of this press release and based
on the Fund's results and estimates for the current period, the
distribution of $0.02 per share would include approximately 84%,
0%, and 16% from net investment income, capital gains, and return
of capital, respectively.
The amounts and sources of distributions reported in this press
release are only estimates and are not being provided for tax
reporting purposes. The actual amounts and sources of the amounts
for tax reporting purposes will depend upon the Fund's investment
experience during the entirety of its fiscal year and may be
subject to changes based on tax regulations. In early 2014, the
Fund intends to send a Form 1099-DIV for the calendar year
concerning the tax treatment of the dividend distributions that
were paid to shareholders of record during the 12 months ended
December 31, 2013.
About the Fund
The Fund is a closed end fund seeking total return. The Fund may
invest in equity and fixed income securities of both new and
seasoned U.S. and foreign issuers, including securities convertible
into common stock and debt securities, closed end funds, and mutual
funds. The Fund uses a flexible strategy in the selection of
securities and is not limited by the issuer's location, industry,
or market capitalization. The Fund may employ aggressive and
speculative investment techniques, such as selling securities
short, employing futures and options, derivatives, and borrowing
money for investment purposes, an approach known as "leverage." A
potential benefit of its closed end structure, the Fund may invest
without limit in illiquid investments such as private placements
and private companies. The Fund may also invest defensively in high
grade money market instruments.
Safe Harbor Note
This release contains certain "forward looking statements" made
pursuant to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements involve known
and unknown risks, uncertainties and other factors, many of which
are beyond the control of the Fund, which may cause the Fund's
actual results to be materially different from those expressed or
implied by such statements. The forward looking statements
made herein are only made as of the date of this release, and the
Fund undertakes no obligation to publicly update such forward
looking statements to reflect subsequent events or
circumstances.
Contact: Thomas O'Malley Chief Financial Officer 1-212-785-0900,
ext. 267 Email Contact www.FoxbyCorp.com
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