Eagle Growth and Income Opportunities Fund Declares Monthly Distribution of $0.08 Per Share and Announces Investor Call
09 October 2018 - 12:00AM
Business Wire
Eagle Growth and Income Opportunities Fund (the “Fund”)
(NYSE: EGIF) today announced the declaration of its monthly
distribution of $0.08 per common share, payable October 31, 2018.
Based on the Fund’s current share price of $15.01 as of its close
on October 5, 2018, the distribution represents an annualized yield
of 5.94%.
Information regarding the distribution rate is included for
informational purposes only and is not necessarily indicative of
future results, the achievement of which cannot be assured. The
distribution rate should not be considered the yield or total
return on an investment in the Fund.
The following dates apply to this distribution:
Ex-Dividend Date: October 17, 2018 Record
Date: October 18, 2018 Payable Date: October 31, 2018
A portion of each distribution may be treated as paid from
sources other than undistributed net investment income, including
but not limited to short-term capital gain, long-term capital gain
or return of capital. As required by Section 19(a) of the
Investment Company Act of 1940, a notice will be distributed to the
Fund’s stockholders in the event that a portion of a monthly
distribution is derived from sources other than undistributed net
investment income. In January or February of each year, investors
will be sent a Form 1099-DIV for the previous calendar year that
will define how to report these distributions for federal income
tax purposes.
The Fund today also announced that it will hold an investor call
on Wednesday, October 24th, 2018 at 4:00 pm ET to discuss its
business outlook. James C. Camp and David Blount Portfolio
Co-Manager of Eagle Asset Management, Inc., the Fund’s subadvisor,
and Steven Baffico, CEO of Four Wood Capital Advisors LLC, the
Fund’s investment advisor, will host the call.
The conference call can be accessed by dialing 877-845-8992,
conference ID 6388369. A replay of the live broadcast will be
available by dialing 855-859-2056, conference ID 6388369 through
November 23, 2018 at 5:00 pm ET.
The Fund will post its March 31, 2018 quarterly fact sheet to
its website at http://fwcapitaladvisors.com/egif prior to the
call.
The investment return, price, yields, market value and net asset
value (NAV) of the Fund’s shares will fluctuate with market
conditions, and it is possible to lose money by investing in the
Fund. Closed-end funds frequently trade at a discount to NAV, which
may increase the investor’s risk of loss. There is no assurance
that the Fund will meet its investment objective.
Investment return and principal value will fluctuate. Past
performance is not a guarantee of future results.
Eagle Growth and Income Opportunities Fund
The Fund is a non-diversified, closed-end management investment
company that is advised by Four Wood Capital Advisors LLC, a
wholly-owned subsidiary of Four Wood Capital Partners LLC, and
subadvised by Eagle Asset Management, Inc. and Recon Capital
Partners. The Fund’s investment objective is to provide total
return through a combination of current income and capital
appreciation. There can be no assurance that the Fund will achieve
its investment objectives.
About Four Wood Capital Advisors LLC
Four Wood Capital Advisors LLC (“FWCA”) is the Fund’s investment
advisor and is registered with the U.S. Securities Exchange
Commission as an investment advisor. FWCA is a New York Limited
Liability Company formed in June 2012 to provide investment
management and advisory services to registered investment companies
and institutional investors. FWCA is a wholly owned subsidiary of
Four Wood Capital Partners LLC.
About Eagle Asset Management, Inc.
Eagle Asset Management, Inc. (“Eagle”) provides institutional
and individual investors with a broad array of equity and fixed
income products designed to meet long-term goals.
Forward-Looking Statements
Statements included herein may constitute “forward-looking
statements”, which relate to future events or our future
performance or financial condition. These statements are not
guarantees of future performance, condition or results and involve
a number of risks and uncertainties. Actual results may differ
materially from those in the forward-looking statements as a result
of a number of factors, including those described from time to time
in our fillings with the Securities and Exchange Commission. Eagle
Growth and Income Opportunities Fund undertakes no duty to update
any forward-looking statements made herein.
Contact the Fund at 1.855.456.3927 or visit the Fund’s
website at http://fwcapitaladvisors.com /egif for additional
information.
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version on businesswire.com: https://www.businesswire.com/news/home/20181008005154/en/
Stephanie TrellFour Wood Capital Partners LLC212.701.4500
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