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NEW YORK, NY / ACCESSWIRE / December 20, 2022 / The RENN Fund, Inc. (NYSE MKT:RCG) (the "Fund") announced today that they have declared a year-end distribution of income in the amount of $0.003544 per share, payable on December 30, 2022, to stockholders of record on December 20, 2022. The Fund will trade with due bills beginning December 16, 2022 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 December 22, 2022 as the Ex-Date.
Disclosures:
Fund shares are subject to investment risk, including possible loss of principal invested. No fund is a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Additional information about the Fund, including performance and portfolio characteristics, is available at https://horizonkinetics.com/investment-strategies/renn-fund-inc-nyse-rcg/.
Horizon Kinetics Asset Management LLC is the investment adviser to the Fund. For additional information about Horizon Kinetics, please visit us at www.horizonkinetics.com
horizon kinetics llc (“horizon kinetics”), formed in may 2011, is the consolidated parent company of horizon asset management llc (“horizon”), which was founded in 1994, kinetics asset management llc (“kinetics”), founded in 1996, and kinetics advisers, llc, founded in 2000 together with various affiliates. we are an independently owned and operated investment boutique that adheres to a long-term, contrarian, fundamental value investment philosophy that the founders established 26 years ago at bankers trust company. horizon kinetics has over 70 employees and has primary offices in new york city and elmsford, new york.
