RENN Fund, Inc. Announces Year End Distribution
Rhea-AI Summary
The RENN Fund (NYSE MKT:RCG) has declared a year-end distribution of $0.022371 per share. The distribution will be payable on December 27, 2024, to stockholders of record on December 16, 2024, with an Ex-Date of December 18, 2024. The Fund reminds investors that shares are subject to investment risk, including possible loss of principal invested, and that no fund represents a complete investment program.
Positive
- Distribution payment of $0.022371 per share to shareholders
Negative
- None.
News Market Reaction
On the day this news was published, RCG declined 0.40%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, NY / ACCESSWIRE / December 16, 2024 / The RENN Fund, Inc. (NYSE MKT:RCG) (the "Fund") announced today that it has declared a year-end distribution in the amount of
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/.
About Horizon Kinetics LLC
Horizon Kinetics Holding Corporation (OTC PINK:HKHC), through its subsidiary investment manager, Horizon Kinetics Asset Management LLC ("Horizon"), is an investment advisory firm and the Investment Advisor to the Fund. Horizon provides independent proprietary research and investment advisory services for long-only and alternative value-based investing strategies, including the full suite of Kinetics Mutual Funds, Inc. The firm has offices in New York City, White Plains, New York and Summit, New Jersey. For more information, please visit Horizon's websites below:
http://www.horizonkinetics.com
Contact:
Jay Kesslen
Email: jkesslen@horizonkinetics.com
Phone: (646) 495-7333
SOURCE: RENN FUND INC
View the original press release on accesswire.com
FAQ
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