Page 3 - Distribution Amount News Today

/PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.081 per share,...

DALLAS, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Highland Global Allocation Fund (NYSE: HGLB) (“the “Fund”) today announced the declaration of monthly...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Share: SANDRIDGE PERMIAN TRUST (OTC:PERS) today announced a quarterly distribution for the three-month period ended March 31, 2021 of approximately $1.5 million, or $0.028 per unit. This distribution relates in part to oil and gas production attributable to the Trusts royalty interests from December 1, 2020 to February 28, 2021, as well as to (1) a reimbursement by Montare Resources I, LLC ("Montare") of a portion of property taxes attributable to assets sold by Avalon Energy, LLC ("Avalon") to...

$0.1537 Each Funds distribution policy provides for the resetting of the monthly distribution amount per share ("Distribution Amount") annually, based on each Funds net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors (individually the "Board", or collectively, the "Boards"). Each Board believes each Funds distribution policy maintains a stable, high rate of distribution. These distributions are not tied to ...

About the Level Distribution Policy In March 2019, the Funds Board of Trustees (the "Board") approved a level distribution policy (the "Level Distribution Policy") under which the Fund makes monthly distributions to stockholders at a constant and fixed (but not guaranteed) rate that will reset annually to a rate calculated based on the average of the Funds NAV per share (the "Distribution Amount"), as reported for the final five trading days of the month preceding the announcement of distribut...