Renn Fund, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 10, 2020 at 03:41 pm EDT
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RENN Fund, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was USD 115,062 compared to USD 0 a year ago. Net income was USD 1.692 million compared to USD 0 a year ago.
RENN Fund, Inc. (the Fund) is a registered, non-diversified, closed-end management investment company. The investment objective of the Fund is to provide shareholders with above-market rates of return through capital appreciation and income by investment process that invests in a variety of financial instruments, including common stocks, fixed income and other instruments. In addition, the Fund may sell short stocks, exchange traded funds and exchange traded notes. It invests in various sectors, including aerospace and defense; communication services; marine shipping; metal mining; medicinal chemicals and botanical products; oil and gas; other financial investment activities; real estate; securities and commodity exchanges; technology services; surgical and medical instruments and apparatus, and securities, commodity contracts and other financial investments and related activities. Horizon Kinetics Asset Management LLC is the investment advisor of the Fund.
RENN FUND, INC. 
