Here are the DEF 14A proxy statements from Bexil Investment Trust (BXSY) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow BXSY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BXSY filings page.
BEXIL INVESTMENT TRUST (BXSY) is calling a virtual special shareholder meeting on October 8, 2026 to vote on two governance-related investment policy changes. Shareholders of record as of August 20, 2026, when 12,943,342 common shares were outstanding, are entitled to vote.
Proposal 1 would reclassify the Fund’s investment objective from a shareholder-protected “fundamental” policy to a “non-fundamental” policy that the Board could change without shareholder approval, with at least 60 days’ prior written notice. The Board currently intends, if approved, to shift the objective from high current income with capital appreciation secondary to “optimal total return,” while the Investment Manager states it does not currently plan to materially change investment strategies or the Fund’s risk profile. The Fund notes this change may diminish shareholder control.
Proposal 2 would re-approve subclassifying the Fund as a “non-diversified” fund under the 1940 Act, allowing higher concentration of assets in fewer issuers. The Fund describes higher concentration risk and potentially greater share price volatility, but also cites increased flexibility to pursue investment opportunities. Both proposals require approval by a “majority of the Fund’s outstanding voting securities” as defined under the 1940 Act.