Insight Select Income Fund Declares Quarterly Dividend | New


Declaration of dividend

Insight Select Income Fund (INSI) (the “Fund”) today declared a quarterly dividend of $0.18 on September 8, 2022. The total distribution of $0.18 will be payable on October 12, 2022 to shareholders of record at the close of business. on September 30, 2022, with an ex-dividend date of September 29, 2022.

The Fund’s last four quarterly dividend payments from ordinary income equal approximately $0.74 per share.

The Fund is a diversified closed-end investment company whose investment objective is to seek a high rate of return, primarily from interest income and trading activities, from a portfolio consisting primarily of debt securities. The Fund will also seek capital appreciation primarily by purchasing debt securities at prices which the Adviser believes are below their intrinsic value. The Fund will also seek to take advantage of traded securities to maximize the Fund’s risk-adjusted returns. Insight North America LLC, the Fund’s investment advisor, provides fixed income asset management services to a variety of institutional clients, including corporations, government entities, employee benefit plans, private funds and trust companies. recorded placement.

This press release is not for tax reporting purposes, but is provided to announce the amount of the Fund’s distribution that has been declared by the Board of Directors. A portion of the Fund’s current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution of a Fund’s income or gains. As required by the Investment Company Act of 1940, as amended, a notice setting out the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. The notice should not be used to prepare income tax returns, as the estimates given in the notice may differ from the ultimate federal tax characterization of the distributions. After the end of each calendar year, investors will receive a Form 1099-DIV advising them how to report distributions received in that year for federal income tax purposes.

Statements contained in this press release that are not historical facts are forward-looking statements as defined by United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the control of the Fund and could cause results actuals differ materially from those set forth in the forward-looking statements. statements.

An investor should carefully consider a Sub-Fund’s investment objectives, risks, charges and expenses before investing.

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CONTACT: Invested

Eric Hazard


[email protected]



SOURCE: Insight Select Income Fund

Copyright BusinessWire 2022.

PUBLISHED: 08/09/2022 18:40/DISC: 08/09/2022 18:41

Copyright BusinessWire 2022.

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