From Seekingalpha · ADS Analytics · · 50s
XFLT Launches Tender Offer
XFLT begins 2% discount tender offer for 12.5% of shares.
In brief
XFLT begins 2% discount tender offer for 12.5% of shares. XFLT launched a tender offer for 12.5% of shares at a 2% discount. Originally reported by Seekingalpha.
CEF Market Declines
CEF sectors saw broad declines in September due to rising long-term rates and significant discount widening.
XFLT Tender Offer
XFLT launched a tender offer for 12.5% of shares at a 2% discount.
AFB Distribution Policy
AFB adopted a managed distribution policy, raising its monthly payout to $0.067 and pushing NAV distribution rate to 7.2%.
KYN Distribution Raise
KYN raised its distribution for the third time this year amid persistent NAV declines.
MGF and MIN Reverse Splits
Aberdeen CEFs MGF and MIN announced reverse splits due to persistent NAV declines.
Here's the gist
XFLT launched a tender offer for 12.5% of shares at a 2% discount.
