{"id":816380,"date":"2025-02-21T16:13:07","date_gmt":"2025-02-21T21:13:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-swiss-helvetia-fund-announces-results-of-special-meeting\/"},"modified":"2025-02-21T16:13:07","modified_gmt":"2025-02-21T21:13:07","slug":"the-swiss-helvetia-fund-announces-results-of-special-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-swiss-helvetia-fund-announces-results-of-special-meeting\/","title":{"rendered":"The Swiss Helvetia Fund Announces Results of Special Meeting"},"content":{"rendered":"
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NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) — The Swiss Helvetia Fund, Inc. (the \u201cFund\u201d) (NYSE: SWZ) held a special meeting of stockholders (the \u201cMeeting\u201d) today to consider (1)\u00a0an investment advisory agreement between the Fund and Bulldog Investors, LLP, and (2)\u00a0changes to the Fund\u2019s investment objective and restrictions in order to expand the types of investments the Fund can make to meet its new investment objective. All proposals were approved at the Meeting. As previously announced, the Board of Directors intends to authorize the sale of substantially all of the Fund\u2019s portfolio securities and to declare a special cash distribution (consisting substantially or entirely of long-term capital gains) equal to approximately 30% of the Fund\u2019s net assets.<\/p>\n

For more information, please call InvestorCom, the Fund\u2019s information agent, at (877) 972-0090.<\/p>\n

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<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) — The Swiss Helvetia Fund, Inc. (the \u201cFund\u201d) (NYSE: SWZ) held a special meeting of stockholders (the \u201cMeeting\u201d) today to consider (1)\u00a0an investment advisory agreement between the Fund and Bulldog Investors, LLP, and (2)\u00a0changes to the Fund\u2019s investment objective and restrictions in order to expand the types of investments the Fund can make to meet its new investment objective. All proposals were approved at the Meeting. As previously announced, the Board of Directors intends to authorize the sale of substantially all of the Fund\u2019s portfolio securities and to declare a special cash distribution (consisting substantially or entirely of long-term capital gains) equal to approximately 30% of the Fund\u2019s net assets. For more information, … <\/p>\n

Continue reading “The Swiss Helvetia Fund Announces Results of Special Meeting”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-816380","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Swiss Helvetia Fund Announces Results of Special Meeting - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-swiss-helvetia-fund-announces-results-of-special-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Swiss Helvetia Fund Announces Results of Special Meeting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) — The Swiss Helvetia Fund, Inc. (the \u201cFund\u201d) (NYSE: SWZ) held a special meeting of stockholders (the \u201cMeeting\u201d) today to consider (1)\u00a0an investment advisory agreement between the Fund and Bulldog Investors, LLP, and (2)\u00a0changes to the Fund\u2019s investment objective and restrictions in order to expand the types of investments the Fund can make to meet its new investment objective. All proposals were approved at the Meeting. As previously announced, the Board of Directors intends to authorize the sale of substantially all of the Fund\u2019s portfolio securities and to declare a special cash distribution (consisting substantially or entirely of long-term capital gains) equal to approximately 30% of the Fund\u2019s net assets. 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