NEW YORK, Nov. 7, 2019 /PRNewswire/ -- The Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered closed-end investment company (the "Fund"), announced today that the Board of Directors has approved the resumption of the Fund's managed distribution plan (the "Plan") which was suspended in August 2018 when the Fund announced its intention to commence a significant self-tender offer. The primary purpose of the Plan is to provide the Fund's stockholders with a more consistent, but not guaranteed, fixed minimum rate of distribution on a regular, quarterly basis. The Plan also may have the effect of narrowing the discount to net asset value per share at which the Fund's shares trade.
The Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered closed-end investment company (the "Fund"), announced today a quarterly distribution of $0.1404 per share of the Fund's common stock pursuant to Fund's recently resumed managed distribution plan (the "Plan"). The distribution is subject to the following ex-dividend, record and payment dates:
NEW YORK, Oct. 4, 2019 /PRNewswire/ -- The Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered closed-end investment company (the "Fund"), announced today that at its 2019 Annual Meeting of Stockholders, initially scheduled for and convened on October 3, 2019 (the " Meeting") was adjourned until 11:00 a.m. on Thursday, October 31, 2019, at the offices of Sullivan & Cromwell LLP, 535 Madison Avenue, New York, New York 10022As of the time of the Meeting, the Fund had received more votes cast "FOR" than votes cast "AGAINST" on all matters to be voted on at the Meeting. As a result, the Board of Directors recommended and stockholders approved an adjournment to allow additional time to solicit proxies. Only stockholders of record on August 19, 2019 (the "Record Date") are entitled, and are being requested, to vote.
As previously announced, The Swiss Helvetia Fund, Inc. (NYSE: SWZ) (the "Fund"), a non-diversified registered closed-end investment company, paid on December 27, 2019, a quarterly distribution of $0.1404 per share of the Fund's common stock to all stockholders of record as of December 16, 2019, pursuant to the Fund's managed distribution plan (the "Plan").
NEW YORK, Nov. 1, 2019 /PRNewswire/ -- The Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered closed-end investment company (the "Fund"), announced today that the 2019 Annual Meeting of Stockholders, initially scheduled for and convened on October 3, 2019 and adjourned until October 31, 2019, was held as scheduled and concluded. Based upon the voting results, Richard Dayan and Moritz Sell were elected as Class I Directors to serve for a one-year term and stockholders ratified the selection by the Fund's Board of Directors of Tait, Weller & Baker, LLP as the Fund's independent registered public accounting firm for the year ending December 31, 2019.
NEW YORK , July 29, 2019 /PRNewswire/ -- The Swiss Helvetia Fund, Inc. (NYSE: SWZ) (the "Fund"), a non-diversified registered closed-end investment company, announced today that it has filed ...
The Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered closed-end investment company, announced today that its Board of Directors has approved a stock repurchase program for 2020 pursuant to which the Fund may purchase up to 250,000 shares of its common stock. The principal purpose of the stock repurchase program is to enhance stockholder value by increasing the Fund's net asset value per share.