Closed end mutual funds
As the curtains rise on the first half of 2024, the closed-end funds sector in Tanzania has taken center stage, showcasing impressive performances that have captured the attention of investors. At the forefront of this display are NICOL and Afriprise, two funds that have outpaced the market and set new
Mutual funds
Kafus Capital Corp. is pleased to report the execution of an agreement to acquire a controlling interest in Stone Tower Holdings Corp. of Winnipeg. This acquisition will give Kafus control of Stone Tower's several wholly-owned operating subsidiaries, including Navigator Fund Co. Ltd. and Sentinel Financial Group Ltd. Navigator
Mutual funds
The Czech Republic Fund Inc. has released unaudited results for the three months ended November 30, 1995. The Fund's investment operations commenced on September 30, 1994. The Fund recorded a net investment loss of $249,075, equivalent to 6 cents per share, compared to net investment income of
Financial services
The Board of Directors of the Hyperion 1999 Term Trust, Inc. has declared a monthly dividend of $0.04583 per share, marking a monthly return of 5.50% (an annualized rate) on the Trust's initial offering price of $10.00 per share. This dividend represents a significant yield
Financial services
The Hyperion 1997 Term Trust, Inc. has declared a monthly dividend of $0.04583 per share, payable to shareholders of record as of April 17, 1995. This dividend represents a significant return on investment, with a monthly return of 5.50% (an annualized rate) on the Trust's initial
Financial services
PaineWebber Premier Tax-Free Income Fund Inc. announced its performance for the first quarter ended December 31, 1994. Despite experiencing total net realized and unrealized losses of $(6,909,662), the Fund managed to earn $3,024,271 in net investment income, translating to $0.29 per common share. However, after
Financial services
PaineWebber Premier Insured Municipal Income Fund Inc. announced its performance for the third fiscal quarter ended December 31, 1994. The Fund's earnings from net investment income were $4,425,616, equal to $0.21 per common share, but after dividends paid to preferred shareholders, the earnings available to
Mutual funds
The directors of the Blue Chip Value Fund Inc. have declared a distribution of 66 cents per share, bringing the total year-to-date distribution to 10 percent of the fund's average net asset value. This will be the second distribution of the year, following a 9 cents payment. The
Mutual funds
The BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ) has announced a monthly dividend of $0.0641 per share, or 5.13% on an annualized basis, based on the initial offering price of $15 per share. As of November 30, 1994, the trust's portfolio consisted of 46%
