Eagle Growth and Income Opportunities Fund Declares Monthly Distribution of $0.109 Per Share and Announces Investor Call
September 01 2015 - 5:44PM
Business Wire
Eagle Growth and Income Opportunities Fund (the “Fund”)
(NYSE:EGIF) today announced the declaration of its monthly
distribution of $0.109 per common share, payable September 30,
2015. Based on the Fund’s current share price of $17.10 as of its
close on September 1, 2015, the distribution represents an
annualized yield of 7.65%. Information regarding the distribution
rate is included for informational purposes only and is not
necessarily indicative of future results, the achievement of which
cannot be assured. The distribution rate should not be considered
the yield or total return on an investment in the Fund.
The following dates apply to this
distribution:
Ex-Dividend Date: September 16, 2015 Record
Date: September 18, 2015 Payable Date: September 30, 2015
A portion of each distribution may be treated as paid from
sources other than undistributed net investment income, including
but not limited to short-term capital gain, long-term capital gain
or return of capital. As required by Section 19(a) of the
Investment Company Act of 1940, a notice will be distributed to the
Fund’s stockholders in the event that a portion of a monthly
distribution is derived from sources other than undistributed net
investment income. In January or February of each year, investors
will be sent a Form 1099-DIV for the previous calendar year that
will define how to report these distributions for federal income
tax purposes.
The Fund today also announced that it will hold an investor call
on Thursday, September 3, 2015 at 4:15 pm ET to discuss its
business outlook. James C. Camp, Managing Director and Portfolio
Co-Manager of Eagle Asset Management, Inc., the Fund’s subadviser,
Kevin Kelly, Chief Investment Officer of Recon Capital Partners,
and Steven Baffico, CEO of Four Wood Capital Advisors LLC, the
Fund’s investment adviser, will host the call.
The conference call can be accessed by dialing 877-845-8992
passcode 29099597. A replay of the live broadcast will be available
by dialing 855-859-2056 passcode 29099597 through September 10,
2015 at 5:00 pm ET.
In addition, the Fund has posted its Semi-Annual Report for the
period ended June 30, 2015 to its website at
http://fwcapitaladvisors.com/funds/egif prior to the call.
The investment return, price, yields, market value and net asset
value (NAV) of the Fund’s shares will fluctuate with market
conditions, and it is possible to lose money by investing in the
Fund. Closed-end funds frequently trade at a discount to NAV, which
may increase the investor’s risk of loss. There is no assurance
that the Fund will meet its investment objective.
Investment return and principal value will fluctuate. Past
performance is not a guarantee of future results.
Eagle Growth and Income Opportunities Fund
The Fund is a non-diversified, closed-end management investment
company that is advised by Four Wood Capital Advisors LLC, a
wholly-owned subsidiary of Four Wood Capital Partners LLC, and
subadvised by Eagle Asset Management, Inc. and Recon Capital
Partners. The Fund’s investment objective is to provide total
return through a combination of current income and capital
appreciation. There can be no assurance that the Fund will achieve
its investment objectives.
About Four Wood Capital Advisors LLC
Four Wood Capital Advisors LLC (“FWCA”) is the Fund’s investment
advisor and is registered with the U.S. Securities Exchange
Commission as an investment advisor. FWCA is a New York Limited
Liability Company formed in June 2012 to provide investment
management and advisory services to registered investment companies
and institutional investors. FWCA is a wholly owned subsidiary of
Four Wood Capital Partners LLC. Total assets under management and
advisement as of June 30, 2015 were $319mm.
About Eagle Asset Management, Inc.
Eagle Asset Management, Inc. (“Eagle”) provides institutional
and individual investors with a broad array of equity and fixed
income products designed to meet long-term goals. Total assets
under management and advisement as of June 30, 2015 were $32.8
billion*
*Includes Eagle Boston Investment Management, Inc., a wholly
owned subsidiary of Eagle Asset Management, Inc., as well as
ClariVest Asset Management LLC and Cougar Global Investments, LTD,
both affiliates of Eagle Asset Management, Inc.
About Recon Capital Partners
Recon Capital Partners (“Recon Capital”) provides investment
solutions for institutional investors, financial professionals, and
individual investors. Recon Capital uses its investment expertise
and operational infrastructures to seek to deliver market-driven,
value-added products that meet the evolving needs of global
investors across multiple strategies including options,
alternatives and international markets. Total assets under
management, supervision and/or service as of March 31, 2015 were
$191 million.
Forward-Looking Statements
Statements included herein may constitute “forward-looking
statements”, which relate to future events or our future
performance or financial condition. These statements are not
guarantees of future performance, condition or results and involve
a number of risks and uncertainties. Actual results may differ
materially from those in the forward-looking statements as a result
of a number of factors, including those described from time to time
in our fillings with the Securities and Exchange Commission. Eagle
Growth and Income Opportunities Fund undertakes no duty to update
any forward-looking statements made herein.
Contact the Fund at 1.855.400.3927 or visit the Fund’s
website at http://fwcapitaladvisors.com/funds/egif
for additional information.
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version on businesswire.com: http://www.businesswire.com/news/home/20150901006731/en/
Four Wood Capital Partners LLCStephanie Trell, 212-701-4500
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