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Morningstar, Inc. Commentaries


A Number of CEFs Tweak Distributions

Jun 10, 2014
Click here to access A Number of CEFs Tweak Distributions

Capital Transactions 

Gabelli Dividend & Income (GDV) announced shareholder approval for the spin-off of a new fund, Gabelli Global Small and Mid Cap Value Trust. GDV will contribute $100 million to the new fund, which anticipates a NAV of about $12 per share. The shares will trade on the New York Stock Exchange under the symbol GGZ on June 24.



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Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services and has approximately $195 billion in assets under advisement or management as of Sept. 30, 2012. We have operations in 27 countries.

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