Notification of Sources of Distribution
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
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DENVER, April 30, 2021 /PRNewswire/ On April 30, 2021, Boulder Growth & Income Fund, Inc. (NYSE: BIF) (the Fund ), a closed-end investment company, will pay a distribution on its common stock of $0.102 per share to stockholders of record at the close of business on April 23, 2021. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders. This policy gives the Fund greater flexibility to realize capital gains and to distribute those gains to stockholders.
April 21, 2021
Q2 Investment Committee Outlook: Is the early cycle phase over? No, but headwinds are mounting. Begin to allocate to digital assets as an alternative portfolio hedge.
Continue to tilt towards cyclicals & value stocks, fade bonds, and hedge inflation risk.
Key Takeaways for Astoria’s Q2 Investment Committee Outlook
Avoid bonds like the plague
We stick with the pro-cyclical tilt we have had since June 2020 but acknowledge headwinds that are starting to appear (higher taxes, rate hikes)
Rate hikes are on the horizon in 2022 if the economy prospers as everyone expects
Massive ETF flows continue. Wow!
The boom in digital assets is only starting. Their volatility is quite large, so size it accordingly in your portfolio.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Guggenheim Investments Announces Board Approval of the Mergers of GPM, GGM and GOF
Guggenheim InvestmentsApril 20, 2021 GMT
NEW YORK, April 20, 2021 (GLOBE NEWSWIRE) Guggenheim Investments announced today that the Boards of Trustees of each of Guggenheim Strategic Opportunities Fund (NYSE: GOF), Guggenheim Enhanced Equity Income Fund (NYSE: GPM) and Guggenheim Credit Allocation Fund (NYSE: GGM), each a closed-end fund (each, a “Fund” and together, the “Funds”), approved the mergers of GPM and GGM with and into GOF, as outlined below.
Acquired Funds
GPM
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The proposed mergers are intended to provide potential benefits to common shareholders, including exposure for GPM and GGM to the enhanced investment opportunities offered by GOF, economies of scale and greater secondary market liquidity for each Fund’s common shareholders, among other things.
RISKS
This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund s distributions. In early 2022, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder s tax return (e.g., ordinary income, long-term capital gain or return of capital). An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle.