Vivaldi Opportunities Fund (NYSE: VAM) Declares Monthly Distribution of $0.09775 Per Share
April 24 2020 - 1:15PM
Business Wire
Vivaldi Opportunities Fund (the “Fund”), which is traded on the
New York Stock Exchange under the symbol “VAM,” announced the
declaration of a monthly distribution of $0.09775 per common
share.
The following dates apply to today’s declared dividend:
Ex-Dividend Date
Record Date
Payable Date
May 6, 2020
May 7, 2020
May 15, 2020
Vivaldi Asset Management, LLC is the Investment Manager to the
Fund. Angel Oak Capital Advisors, LLC and RiverNorth Capital
Management, LLC each serve as a Sub-Advisor to the Fund.
About Vivaldi Asset Management, LLC
Vivaldi Asset Management, LLC is an SEC-registered investment
adviser which, together with its affiliates, has approximately $2.8
billion of assets under management. Founded in 2013, Vivaldi
specializes in structuring and managing both single and
multi-strategy registered public funds. Vivaldi prides itself on
its ability to combine rigorous research and risk management
processes with disciplined portfolio construction and management.
Vivaldi is headquartered in Chicago, Illinois. For more information
about Vivaldi and their other registered fund solutions, please
visit vivaldifunds.com.
This press release is not being published for tax reporting
purposes but is being provided to announce the amount of the Fund’s
distributions. In early 2021, after definitive information is
available, the Fund will send shareholders a Form 1099-DIV
specifying how the distributions paid by the Fund during the prior
calendar year should be characterized for purposes of reporting the
distributions on a shareholder’s tax return. A portion of the
distribution may be treated as paid from sources other than net
income, including but not limited to short-term capital gain,
long-term capital gain, and return of capital. The final
determination of the source of all distributions, including the
percentage of qualified dividend income, is made after
year-end.
The Fund is a closed-end fund and does not continuously issue
shares for sale as open-end mutual funds do. Investors wishing to
buy or sell shares need to place orders through an intermediary or
broker. The share price of a closed-end fund is based on the
market’s value for the Fund’s share.
An investment in the Fund is not appropriate for all investors
and is not intended to be a complete investment program. The Fund
is designed as a long-term investment and not as a trading vehicle.
Investing in the Fund involves risks, including the risk that you
may receive little or no return on your investment or that you may
lose part or even all of your investment. The Fund’s net asset
value will vary, its distribution rate may vary, and both may be
affected by numerous factors, including changes in the market
spread over a specified benchmark, market interest rates, and
performance of the broader equity markets. Fluctuations in net
asset value may be magnified as a result of the Fund’s use of
leverage. Therefore, before investing you should carefully consider
the risks that you assume when you invest in the Fund’s common
shares.
The Fund’s investment objective and policies are not designed to
seek to return the initial investment to investors that purchase
shares. Past performance is no guarantee of future results.
An investor should consider the Fund’s investment objectives,
risks, charges, and expenses carefully before investing. To obtain
an annual report, semi-annual report or prospectus which contains
this and other information, visit www.vivaldicef.com or call
866-668-6567. Please read them carefully before investing.
NOT FDIC INSURED | May Lose Value | No Bank Guarantee
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version on businesswire.com: https://www.businesswire.com/news/home/20200424005503/en/
MEDIA RELATIONS: Monica Mehta, Director info@vivaldifunds.com
312-248-8300
FUND TRANSFER AGENT: American Stock Transfer & Trust
Company, LLC 866-668-6567
DISTRIBUTOR: Foreside Fund Services, LLC
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