The Swiss Helvetia Fund Announces Special Meeting
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The Swiss Helvetia Fund, Inc. (NYSE: SWZ) has announced a special meeting to consider a new investment advisory agreement with Bulldog Investors, LLP, and changes to its investment objectives. If approved, the Fund plans to sell most of its portfolio and declare a special cash distribution.
January 10, 2025 | 9:30 pm
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The Swiss Helvetia Fund is considering a new investment advisory agreement and changes to its investment objectives. If approved, it will sell most of its portfolio and declare a special cash distribution.
The announcement of a potential new investment advisory agreement and changes to investment objectives could lead to significant portfolio restructuring. The planned sale of assets and special cash distribution could positively impact the stock price in the short term as investors anticipate the distribution.
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