Notification of Sources of Distribution
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
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DENVER, April 30, 2021 /PRNewswire/ On April 30, 2021, Boulder Growth & Income Fund, Inc. (NYSE: BIF) (the Fund ), a closed-end investment company, will pay a distribution on its common stock of $0.102 per share to stockholders of record at the close of business on April 23, 2021. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders. This policy gives the Fund greater flexibility to realize capital gains and to distribute those gains to stockholders.
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DENVER, Feb. 12, 2021 /PRNewswire/ Boulder Growth & Income Fund, Inc. (NYSE: BIF) (the Fund ) announced the declaration of the Fund s quarterly distribution of $0.102 per share to occur in April 2021. This distribution is being paid as part of BIF s managed distribution program under which BIF will make per share distributions of $0.102 per quarter, or approximately $0.408 per year. As of market close on February 8, 2020, the distribution amounts to approximately 3.56% of market price and 2.90% of net asset value ( NAV ) on an annualized basis.
Due to the current discount of the Fund s market price to its per share NAV, and the fact that distributions are made in cash (i.e., at NAV), if Fund shares continue to trade at a discount at the time of this distribution, then it will be accretive to BIF s market-price-based return. The April 2021 quarterly distribution will be payable in cash to stockholders of record per the following critical d
Notification of Sources of Distribution
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
News provided by
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DENVER, Jan. 29, 2021 /PRNewswire/ On January 29, 2021, Boulder Growth & Income Fund, Inc. (NYSE: BIF) (the Fund ), a closed-end investment company, will pay a distribution on its common stock of $0.102 per share to stockholders of record at the close of business on January 22, 2021. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders. This policy gives the Fund greater flexibility to realize capital gains and to distribute those gains to stockholders.