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Eagle Capital Growth Fund Declares Year-End Distribution of $0.37 Per Share in Cash
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MILWAUKEE--(BUSINESS WIRE)--
The Eagle Capital Growth Fund, Inc. ("Fund") (NYSE American: GRF) today declared a year-end distribution of $0.37 per share in cash. The record date for this distribution is November 18, 2022, and the payment date is December 14, 2022.
On a preliminary basis, this distribution represents a combination of net investment income of $0.0300 per share and long-term capital gains of $0.3400 per share. This preliminary information is subject to change. Shareholders will receive definitive information with respect to U.S. Federal income tax treatment. In addition, shareholders can access definitive tax information by going to the fund's website after year-end.
The Fund is a closed-end investment company that invests primarily in high quality growth companies. To learn more about the Fund, please go the Fund's website: www.eaglecapitalgrowthfund.com
If you have a question about the Fund, please contact David C. Sims, the Fund's Chief Financial Officer and Chief Compliance Officer, at (414) 765-1107, or by e-mail to: dave@simscapital.com
eagle capital growth fund, inc. is a closed-end equity mutual fund launched and managed by sims capital management llc. the fund invests in the public equity markets of the united states. it makes its investments in the stocks of companies operating across diversified sectors. the fund benchmarks the performance of its portfolio against the s&p 500 index. it was previously known as naic growth fund, inc. eagle capital growth fund, inc. was formed on april 11, 1989 and is domiciled in the united states.
