Closed End Fund News

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider with more than $212 billion in ETF assets under management as of September 30, 2025, announced today that it has launched its 300th ETF, the First Trust Indxx Critical Metals ETF (NYSE Arca: FMTL) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Indxx Global Critical Metals Index (t...

MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) (“PSBD” or the “Company”), an externally managed business development company, today announced its financial results for the third quarter ended September 30, 2025. Financial and Operating Highlights Total investment income of $31.7 million for the third quarter of 2025, compared to $37.3 million for the prior year period Net investment income of $13.6 million or $0.43 per share for the third quarter of 2025, as c...

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that shareholders of First Trust NASDAQ-100 Equal Weighted Index Fund (the “Fund”) (Nasdaq: QQEW), a series of First Trust Exchange-Traded Fund (the “Trust”), have voted to approve a change to the Fund’s investment objective and a new investment management agreement between the Trust, on behalf of the Fund, and FTA, as investment advisor. The change to the Fund’s investment objective is expected to occur on or aro...

NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared a distribution of $2.45 per share on its Common Stock. The dividend is payable December 19, 2025 to stockholders of record November 14, 2025. The distribution will be paid in additional shares of stock unless stockholders elect to receive the distribution in cash. The cut-off date for election of cash is December 3, 2025 (the “Cut-Off Date”). Stockholders who own their...

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 11/3/2025 Ex-Date- 11/14/2025 Record- 11/14/2025 Payable- 12/1/2025 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM  $0.055500  - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trust* BFK...

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 11/3/2025 Ex-Date – 11/13/2025 Record – 11/13/2025 Payable – 11/26/2025   Municipal Bond Funds:   Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 10/31/25 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.22 5.87% Eaton Vance Municipal Income Trust EVN $0.0513 - $11.00 5.60%...

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares November 2025 Distribution...

BOSTON--(BUSINESS WIRE)--MFS announces monthly closed-end fund distributions for November 2025....

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today approval of the liquidation of FT Raymond James Multicap Growth Equity ETF (NYSE Arca: RJMG), a series of First Trust Exchange-Traded Fund VIII (the “Fund”). Following the resignation of Raymond James & Associates, Inc. (“Raymond James”), the Fund’s sub-advisor, and based upon the recommendation of FTA, the investment advisor of the Fund, the Board of Trustees of First Trust Exchange-Traded Fund VIII determine...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the “Fund”) today announced the commencement of a tender offer (“Tender Offer”) that will begin on November 3, 2025, and expire at 5 p.m. (Eastern) on December 3, 2025 (the “Expiration Date”), which will also be the pricing date, unless the Tender Offer is extended. The Tender Offer was previously announced as a conditional tender offer subject to certain factors that have been determined to have been met. The Fund int...