Foxby Corp. Declares Dividend
June 01 2012 - 4:00PM
Marketwired
A dividend distribution of $0.01 per share was declared today by
Foxby Corp. (PINKSHEETS: FXBY), payable June 29, 2012 to
shareholders of record as of June 15, 2012.
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 $0.01 per share would include approximately 60%,
0%, and 40% from net investment income (representing net income
earned by the Fund in 2011 and 2012), 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 2013, the
Fund will 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,
2012.
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 1-212-344-6310,
ext. 267 Email Contact www.FoxbyCorp.com
Foxby (PK) (USOTC:FXBY)
Historical Stock Chart
From Apr 2024 to May 2024
Foxby (PK) (USOTC:FXBY)
Historical Stock Chart
From May 2023 to May 2024