Insight Select Income Fund Declares Quarterly Dividend
05 Dicembre 2024 - 10:50PM
Business Wire
The Insight Select Income Fund (NYSE: INSI) (the “Fund”) today
declared a quarterly dividend of $0.20 per share on December 5,
2024. The ordinary income distribution of $0.20 per share will be
payable on December 27, 2024, to shareholders of record at the
close of business on December 18, 2024, with an ex-dividend date of
December 18, 2024.
The Fund’s last four quarterly dividend payments from ordinary
income equates to approximately $0.80 per share.
For more information on the Fund, please visit the Fund’s
website at:
https://www.insightinvestment.com/united-states/solutions/return-generation/select-income/insight-select-income-fund/
The Fund is a diversified closed-end management investment
company whose investment objective is to seek a high rate of
return, primarily from interest income and trading activity, from a
portfolio principally consisting of debt securities. The Fund will
also seek capital appreciation principally by purchasing debt
securities at prices that the Adviser believes are below their
intrinsic value. The Fund will also look to benefit from trading
securities to optimize the risk adjusted yields in the Fund.
Insight North America LLC, the Fund’s investment adviser, provides
fixed income asset management to a variety of institutional clients
including corporations, governmental entities, employee benefit
plans, private funds and registered investment companies.
This press release is not for tax reporting purposes but is
being provided to announce the amount of the Fund’s distribution
that have been declared by the Board of Trustees. A portion of the
Fund's current distribution may include sources other than net
investment income, including a return of capital. Investors should
understand that a return of capital is not a distribution from
income or gains of a Fund. As required under the Investment Company
Act of 1940, as amended, a notice with the estimated components of
the distribution will be sent to shareholders at the time of
payment if it does not consist solely of net investment income. The
notice should not be used to prepare tax returns as the estimates
indicated in the notice may differ from the ultimate federal income
tax characterization of distributions. After the end of each
calendar year, investors will be sent a Form 1099-DIV informing
them how to report distributions received during that year for
federal income tax purposes.
Statements in this press release that are not historical facts
are forward-looking statements as defined by the United States
securities laws. You should exercise caution in interpreting and
relying on forward-looking statements because they are subject to
uncertainties and other factors which are, in some cases, beyond
the Fund’s control and could cause actual results to differ
materially from those set forth in the forward-looking
statements.
An investor should consider a Fund’s investment objectives,
risks, charges and expenses carefully before investing.
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version on businesswire.com: https://www.businesswire.com/news/home/20241205099075/en/
Vested Eric Hazard 917-765-8720 insight@fullyvested.com
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