Dividend and Income Fund:DNI

    Manage Alerts

    Overview

    As of 8/11/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$11.24$14.73-23.69%
    52 Wk Avg$11.30$14.14-20.19%
    52 Wk High$13.97$16.47-12.84%
    52 Wk Low$6.55$8.71-25.73%
    Regular Distribution TypeManaged Distribution
    Distribution Rate8.90%
    Distribution Amount$0.2500
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment seeks high current income; capital appreciation is a secondary objective. The fund normally invests at least 50% of its total assets in income generating equity securities, including dividend paying common stocks, convertible securities, preferred stocks, securities of registered and unregistered investment companies. It may invest in fixed income securities ('Debt Securities'), including bonds issued by domestic and foreign corporate entities and U.S. government securities.

    Capital Structure

    As of 8/11/2020

    Total Investment Exposure:$218.620M
    Total Common Assets:$181.933M
    Common Shares Outstanding:12,351,168
    Leverage

    As of 6/30/2017

    Preferred Share Assets:
    Total Debt (USD): $36.688M
    Regulatory Leverage (USD): $36.688M
    Effective Leverage (USD): $36.688M
    Effective Leverage (%): 16.78%
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees1.06%
    Other Expenses:0.40%
    Baseline Expense: N/A
    Interest Expense:0.45%
    Total: 1.91%
    Fund Management

    Fund Sponsor
    Bexil Corp

    Portfolio Managers
    Thomas B. Winmill

    Basics
    Category: Hybrid-U.S. Allocation
    Ticker: DNI
    NAV Ticker: XDNIX
    Average Daily Volume (shares): 49,790
    Average Daily Volume (USD): $0.544M
    Inception Date: 6/29/1998
    Inception Share Price: $15.00
    Inception NAV: $14.96
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 8/11/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2019
    $0.0800
    Annualized Distribution Rate on NAV:
    As of 8/11/2020
    6.79%
    Total Return on NAV (12 months):
    As of 8/11/2020
    -1.78%
    Avg. Portfolio Coupon:
    As of 8/11/2020
    8.16%
    Total % Portfolio Effectively Leveraged:
    As of 8/11/2020
    16.78%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 8/12/2020

    PeriodAvg Discount
    6 Month-20.58%
    1 Year-20.19%
    3 Year-20.96%
    5 Year-19.50%
    Z-Score

    As of 8/11/2020

    PeriodZStat
    3 Month-1.03
    6 Month-1.06
    1 Year-1.32
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 7/31/2020
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-17.18%-10.51%-13.60%-6.78%
    201951.06%33.59%29.77%22.10%
    2018-24.70%-15.50%-8.36%-4.98%
    201717.20%23.04%21.52%14.50%
    201617.64%16.40%17.59%13.14%
    2015-17.48%-12.22%-9.73%-7.35%
    201410.89%6.48%11.82%9.17%
    201327.07%29.11%19.53%19.58%
    201210.78%11.15%13.72%13.14%
    201110.74%18.24%1.24%3.22%
    201025.29%16.48%15.07%13.03%
    200941.61%25.45%43.70%32.32%
    2008-51.56%-45.69%-44.21%-40.86%
    2007-17.77%-9.67%  
    20065.62%24.57%  
    200511.51%6.37%  
    200416.04%15.57%  
    200349.82%36.20%  
    2002-20.74%-13.65%  
    200118.44%0.81%  
    20008.01%-6.71%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 7/31/2020
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 8/11/2020
    8.16%
    Number of Holdings:
    As of 6/30/2020
    83
    Annual Portfolio Turnover:
    As of 12/31/2019
    42.00%
    Asset Allocation

    As of 6/30/2020 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2020 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)45.63%
    Sensitive (Super Sector)37.46%
    Financial Services21.26%
    Consumer Cyclical17.34%
    Industrials17.20%
    Defensive (Super Sector)16.24%
    Technology11.75%
    Healthcare8.82%
    Consumer Defensive7.42%
    Basic Materials7.04%
    Top Holdings

    As of 6/30/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Skyworks Solutions Inc$5.75M2.84%
    Tractor Supply Co$5.60M2.77%
    T. Rowe Price Group Inc$4.92M2.43%
    Medifast Inc$4.86M2.40%
    Credit Acceptance Corp$4.82M2.38%
    AutoZone Inc$4.74M2.34%
    eBay Inc$4.46M2.20%
    Grand Canyon Education Inc$4.35M2.15%
    UnitedHealth Group Inc$3.98M1.97%
    Williams-Sonoma Inc$3.94M1.94%
    Credit Quality

    As of 6/30/2020 reported by Fund Sponsor

    Maturity Breakdown

    As of 6/30/2020 reported by Fund Sponsor

    Country Allocation

    As of 6/30/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity94.34%
    Switzerland - Equity1.71%
    Canada - Equity1.57%
    United Kingdom - Equity0.93%
    Mexico - Equity0.77%
    United States - Fixed Income0.17%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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