CEF Advisors AICA Event NAVigator Podcast

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Dividend and Income Fund (DNIF)

U.S. Equity Funds - General Equity Funds

Data as of Aug. 12, 2022
Current
Market Price $12.40 (+ $0.02)
NAV (Aug. 12, 2022) $18.14 (+ $0.25)
Fund Listed OTC
Premium / Discount -31.64% (-0.84%)
Fund Info
Inception June 29, 1998
Sponsor Bexil Advisers
Website www.dividendandincomef...
Phone 1-800-937-5449
NAV Symbol XDNIX
Location New York
Incorporated Delaware
Staggered Board Yes
Objective: High total return; income generating equity securities, other equity related securities and fixed income securities
Related Indexes
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 12,656,634
Total Assets (Reported: Dec. 31, 2021) $307M
Estimated Total Assets $270M
Net Assets $230M
Market Cap $157M
Portfolio Turnover 37.00%
Total Leverage 15.00%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.79%
Non Lev Exp Ratio 1.63%
Rel Lev Cost 0.89%
Discount Data
Average Discount (3 Yr) -25.69%
Discount Low(3 Yr) -37.96%
Discount High(3 Yr) -12.84%
Discount Rel Range 25.13%
Comp Discount -25.14
Discount St Dev (1Yr) 2.33
Z-Stat
Z-Stat (6mo) -1.48
Z-Stat (1Yr) -1.61
Z-Stat (3Yr) -1.17
Comp Z-Stat (6mo) -1.85
Comp Z-Stat (3Yr) -1.93
Distribution Data
Market Yield 8.06%
Income Yield 0.89%
Lev Adj NAV Yield 4.79%
Distribution Frequency Q
Current Distribution $0.250
Current Income $0.028
Ex-Date 9/15/22
Payable Date 9/28/22
Div Growth (3yr) 25.00%
Dividend Change -56.1% on 12/9/21
Expected Div 12/8/22
RoC (1yr) 2.49%
RoC (3yr) 24.92%
Tax Dividend Data 2021 2019 - 2021
Income 21.9% 17.1%
ST Gains 0% 0%
QDI 21.9% 17.1%
LT Gains 74.1% 41.9%
RoC 4.0% 41.0%
Volume & Liquidity
Average Daily $ (K) $220
Avg Volume 30 day 17,240
Avg Volume 90 day 17,735
Volume Trend -2.79%
Comp Volume Trend 15.80%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
72.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
75.0%
Price Correlation (1yr)
vs. CEFA's US Equity Index
75.0%
Most Correlated Peer (Mk Pr): STEW 80.0%
NAV - Price Correlation (30 d) 91.1%
NAV - Price Correlation (90 d) 95.1%
NAV - Price Correlation (1 Yr) 93.4%
Price St Dev (1Yr) 22.3%
NAV St Dev (1Yr) 23.6%
Earnings
Earnings / Share (12/31/21) $0.067
Earn Coverage 26.64%
Earnings Trend Up
UNII / Share (12/31/21) $-0.083
Rel UNII -75.82
UNII Trend Down
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.02
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.69
NAV Beta (2yr)
vs. CEFA's US Equity Index
1.20

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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