Dividends & Buybacks · · GlobeNewswire
Swiss Helvetia Fund Sets Feb. 21 Vote for Strategy Shift and ~30% Net Asset Distribution
SWZTotal Return Securities Fund
The Swiss Helvetia Fund announced a special stockholder meeting scheduled for February 21, 2025. Shareholders will vote on two proposals: entering into an investment advisory agreement with Bulldog Investors, LLP, and changing the fund's investment objective to expand permissible investments. If approved, the Board intends to sell substantially all portfolio securities and declare a special cash distribution consisting largely of long-term capital gains, representing approximately 30% of the Fund’s net assets. The Swiss Helvetia Fund is an investment company that invests in Swiss equities.