The Swiss Helvetia Fund Announces Special Meeting
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The Swiss Helvetia Fund, Inc. (NYSE: SWZ) has announced a special meeting on February 21, 2025, to consider proposals for a new investment advisory agreement with Bulldog Investors, LLP, and changes to its investment strategies. If approved, the Fund plans to sell most of its portfolio and declare a special cash distribution.
January 27, 2025 | 8:15 pm
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The Swiss Helvetia Fund is considering a new investment advisory agreement and changes to its investment strategies. If approved, the Fund will sell most of its portfolio and issue a special cash distribution.
The announcement of a special meeting to consider significant changes in investment strategy and advisory agreement is likely to impact SWZ's stock price. The potential sale of portfolio securities and a special cash distribution could attract investor interest, leading to a positive short-term impact on the stock price.
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