SaltyMutt
11 years ago
Foxby Corp. (Ticker: FXBY) is a non-diversified, closed end management investment company. The Fund's non-fundamental investment objective is total return which it may seek from growth of capital and from income by investment in securities of any type, unlimited by the issuerโs industry, location, or market capitalization. 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 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." The Fund may also invest defensively in high grade money market instruments. A potential benefit of its closed end structure, the Fund may invest without limit in illiquid investments such as private placements and private companies.