The RENN Fund, Inc. Announces Year-End Distribution, Payable on December 30, 2021
December 17, 2021 at 02:09 pm EST
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The RENN Fund, Inc. announced that they have declared a year-end distribution of income in the amount of $0.022602 per share, payable on December 30, 2021, to stockholders of record on December 20, 2021. The Fund will trade with due bills beginning December 17, 2021 and up through and including the last business day prior to the New York Stock Exchange established Ex-Date. The New York Stock Exchange has advised they will set December 21, 2021 as the Ex-Date.
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.